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 ...

Ransomware Attack Leaves 43,000 Employees Without Email

The recent attack on facilities management company ISS has created a significant disruption in their operations, communication, and services worldwide.

A U.S. Natural Gas Operator Shuts Down For 2 Days After A Phishing Attack Infects It With Ransomware

Dan Goodin at Ars Technica reported something worrisome: "A US-based natural gas facility shut down operations for two days after sustaining a ransomware infection that prevented ...

Texas Ranks Second in Number of Ransomware Attacks on Health Care Organizations

According to new data from Comparitech, since 2016 Texas has experienced 14 ransomware attacks impacting a total of 483,000 patients, and costing as much as nearly $20 Million in damages.

New Ransomware Variant Disables MSP Remote Management Processes To Evade Detection

Researchers at HuntressLabs “@Huntress” uploaded a YouTube video and commentary on their Twitter account that demonstrates a new variant of Ragnar Locker /Ragnar Locker Ransomware that ...