FBI: Ransomware Attacks Have Cost Victims over $140 Million With Ryuk Leading the Way

New details presented at RSA 2020 outline which ransomware variants are the highest paid over the last 6 years and what was their share of the millions paid in ransom.

[Heads Up] Your Exfiltrated Ransomware Data Is Now Used To Spearphish Your Business Partners

Ransomware operators are continually improving their tactics to ensure more lucrative payouts, according to Information Security Media Group (ISMG). Over the past several years, attackers ...

Ransomware Attack on Police Department Encrypts Evidence, Sets Criminals Free

Holding data for ransom often has business repercussions beyond just delays and inconvenience. In the case of a police investigation, it’s putting criminals back on the street.

Cyberattacks on MSPs Grow Exponentially as the Focus Shifts to Hold Their Customer’s Data for Ransom

Recent insight from data protection vendor Datto puts MSPs on notices to secure their own environments to protect both their business and that of their customers.

Ransomware Predicted to Cost $20 Billion in Damages Globally by 2021

As the state of ransomware attacks shift from simple data encryption scams to attacks intent on bringing an organization’s network to its’ knees, the cost of remediation is expected to ...

Yet Another Utility Company Falls Victim to Ransomware Attack

The latest ransomware attack on yet another utility company echos the warnings from last year’s report on utilities’ readiness for a cyberattack.

Stealthy 'Netwalker' Ransomware Using Windows Explorer And 'Art of Deception' To Infect Enterprise Networks

Researchers at Quick Heal Security Labs have discovered a new strain of the “Mailto” ransomware nicknamed “Netwalker" that uses the art of deception to evade detection. The new strain ...

UK Telegraph: "Huge ransomware attack laid bare French lingerie firm"... And Bankrupted It

Leave it to the wordsmiths of the British Press to come up with a catchy title like this... However, the topic is dead serious.

Ransomware Attack On Wool Industry Halted Sales Across Australia Last Week

It is yet to be seen how a cyber attack which shut down wool sales last week will affect growers in Tasmania. Last Tuesday Talman Software, which is used by the majority of wool industry ...

[Heads-up] Ransomware Criminals Hack An Accounting Company And Cause A Data Breach For Their Customers

Last December, a ransomware infection of Albany, New York-based accounting firm BST & Co. CPAs LLC exposed the confidential data of their customers, causing a data breach for one of ...