I just read that a well-known pipeline company paid $5M to the ransomware hacker group. And despite that, they are still having to use their backups because the decryption process is too ...
New tactics spotted by security researchers at CheckPoint indicate a growing pattern by ransomware gangs to use additional extortion actions to increase revenues and ensure payment.
The perfect storm of large enterprises, cyber insurance policies, successful ransomware attacks, and ransom demands in the tens of millions now consistently result in seven-figure claim ...
By now, I’m sure you’ve already been inundated with all the news about the US’s largest gasoline pipeline being shut down and restarted because of a ransomware attack. As reported by the ...
Bleeping Computer recently reported that a student attempted to pirate expensive data visualization software, which resulted in a Ryuk ransomware attack.
Organizations need to take steps to disrupt the ransomware industry by making these attacks more expensive to carry out, according to Jen Miller-Osborn from Palo Alto Networks' Unit 42. ...
According to an annual survey from Apricorn, UK IT decision makers are fearing the worst as their staff continues to work in a remote environment.
Only 8% of ransomware victims get all of their data back after paying the ransom, according to researchers at Sophos. The researchers found that, on average, victims who pay the ransom ...
With 54% of organizations unable to stop a ransomware attack before data is encrypted and operations are impacted, the increasing cost of ransomware remediation is troubling.
The Darkside ransomware operators are now offering to tip off unscrupulous stock traders before they post the names of publicly traded victim companies, the Record reports. The criminals ...
