Ransomware Attack Demands Cause Cyber Insurance Claim Amounts to Skyrocket

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 ...

[ALERT] Time to Truly Reckon with the Dark Reality of Ransomware’s Critical Costs

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 ...

Student’s Attempt to Pirate Software Leads to Ryuk Ransomware Attack

Bleeping Computer recently reported that a student attempted to pirate expensive data visualization software, which resulted in a Ryuk ransomware attack.

A Snapshot of the Ransomware Landscape

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. ...

UK IT Decision Makers Fear Their Remote Workers Put Company Data at Risk for Data Breach

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.

Do Ransomware Gangs Restore Data, Even After They're Paid?

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 ...

The Cost of Remediating a Ransomware Attack More than Doubles and is Quickly Approaching $2 Million

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.

Ransomware Operators Threaten to Short Victims’ Stocks

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 ...

Ransomware Demands Spike by 43% Already in 2021

Cybercriminal groups are increasing their automated and tactical ransomware attacks. Unfortunately, that also means they have an increase in greed.

[HEADS UP] Ransomware Gangs are Creating Ransomware Cartels

Analysis by threat intelligence group Analyst1 recently uncovered that the bad guys are responsible for forming a ransomware cartel.