Ransomware Downtime Costs for SMBs Are 50 Times More than the Ransom Itself!

No one has less cash on hand to spend on dealing with a cyberattack than the small business. New data shows ransomware is a challenge for SMBs and they aren’t prepared for the costs.

[HEADS UP] Ransomware Gangs Partner to Extort Victims

According to Bleeping Computer, several ransomware crews are teaming up to split profits obtained in malicious attacks targeting public and private companies.

Ransomware Attacks Officially Hit a New Low and Go Where No Cyberattack Has Gone Before: Death

The past few months have seen ransomware quickly evolve to a place of ingenious sophistication, rampant greed, indifferent destruction, and the sad loss of life.

BEC Incidents Intent on Invoice or Payment Fraud Increase 155% Across All Industries

Business Email Compromise appears to be back in the saddle again, as attackers use simple social engineering and domain impersonation to trick victims into paying up.

Ryuk Ransomware Takes a Single Victim for $34 Million in Ransom

A new report from Security Researcher Vitali Kremez puts the spotlight on exactly how the group behind Ryuk ransomware is successful in infecting and obtaining payment from its victims.

Fake Microsoft Teams Updates to Infect Systems

According to Bleeping Computer, ransomware operators are using malicious fake ads for Microsoft Teams updates to infect systems. The infection would deploy Cobalt Strike to compromise the ...

Cybercriminals Target Brazilian Government in a Ransomware Attack

The bad guys managed to fully encrypt Brazil's Superior Court of Justice (SCJ), Ministry of Health, and Government of the DF this week. Technicians from SCJ discovered that there was a ...

Cyber Insurers Expect to Raise Ransomware Policy Premiums as Much as 25%

The increase in the frequency of ransomware attacks, as well as the rise in the demanded ransom amounts is causing cyber insurers to change tactics to limit their risk.

New Ransomware, OldGremlin, Coming Soon to an Organization Near You!

Pay attention to this one. Despite only targeting Russian companies, the use of custom self-made malware and decidedly creative phishing campaigns makes them a potential danger.

More Ransomware Creators Jump on the Leak Site Bandwagon as the Number of Sites and Data Breach Posts Skyrocket in Q3

The third quarter saw massive increases in activity by ransomware gangs both creating leak sites and posting to them about recent attacks on orgs that, presumably, didn’t pay the ransom.