Security Awareness Training Blog

Ransomware Blog

Keeping you updated on the latest ransomware attack vectors, strains, decryptors, families and trends to help you avoid becoming infected.

Ransomware Attack Dwell Time Drops by 77% to Under 24 Hours

As attackers evolve their toolsets and processes, the significant drop in dwell time signifies a much higher risk to organizations that now have less time to detect and respond to initial ...
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Ransomware Now Considered a “Crisis” in the Financial Services Sector

A recent panel discussion of banking CISOs and experts at the SIBOS conference focused on the current state of ransomware and what institutions should do to protect themselves.
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Cyber Insurance Claims Increased by 12% in First Half of 2023, Attacks More Frequent and Severe Than Ever

The latest cyber claims report from Coalition, a digital risk insurance provider, finds a 12% increase in cyber insurance claims in the first half of 2023 over the second half of 2022, ...
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Organizations Starting to Understand the Impact of Ransomware, But Their Efforts Not Enough to Overcome Infostealer Malware

Recent findings in a SpyCloud report shows companies are starting to recognize and shift their priorities to defend against ransomware attacks, but the use of infostealer malware still ...
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New SEC Rules Add Challenges in Uncertain Cyber Insurance Market

[BUDGET AMMO] Jeremy King is a partner at Olshan Frome Wolosky. He wrote an article for Bloomberg where he analyzed cyber risk management issues that companies should prioritize in ...
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The International Joint Commission Falls Victim to Ransomware Attack; 80GB Of Data Stolen

The International Joint Commission (ICJ), an organization that handles water issues along the Canada–United States border, was hit by a ransomware attack, the Register reports.
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Board Members' Lack of Security Awareness Puts Businesses at Risk of Cyber Attacks, Finds Savanti Report

A report from cybersecurity consultancy Savanti reveals that board members are facing challenges in understanding cyber risks, and this has important implications for businesses.
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No Dice for MGM Las Vegas as It Battles Fallout from Ransomware Attack After a 10-minute Vishing Scam

DEVELOPING STORY. SCROLL DOWN FOR MORE.
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MGM Suffers Ransomware Attack that Started with a Simple Helpdesk Call

As the aftermath unfolds, the details around the recent attack on MGM Resorts provides crucial insight into the attacks impact, who’s responsible, and how it started.
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Ransomware Attacks Speed up 44% Leaving Less Time for Detection and Response

New data suggests that the gangs and toolkits behind current ransomware attacks are materially improving their abilities, resulting in a speeding up of attacks before defenses kick in.
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New “Early Warning” System in the U.K. Tips Off Ransomware Targets

British Intelligence has come up with a potentially very effective means to disrupt ransomware attacks, but there seems to still be a few kinks in the system.
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Ransomware Attacks Rise 69% and 1500 Organizations Feel the Hurt

A new report from Rapid7 has found that the number of ransomware attacks increased by 69% in the first half of 2023. Rapid7 incident response data found that at least 1500 organizations ...
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Ransomware Attacks Surge as Generative AI Becomes a Commodity Tool in the Threat Actor’s Arsenal

According to a new report, cybercriminals are making full use of AI to create more convincing phishing emails, generating malware, and more to increase the chances of ransomware attack ...
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Ransomware's Paradox: Why Falling Monetization Rates Are Accompanied by Soaring Ransom Payments - A Must-Read Analysis.

Grab a cup of coffee, and let's talk about something that's been making waves in the cybersecurity world: ransomware. You've probably heard about the alarming rise in ransom payments, but ...
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Ransomware Distributed by Fake Tripadvisor Reviews

The Knight ransomware-as-a-service offering (formerly known as “Cyclops”) is using phony TripAdvisor complaints to deliver its malware, BleepingComputer reports.
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Number of Named Ransomware Victim Organizations Jumps 64% in One Quarter

The second quarter of this year has become the focus of some new firsts in ransomware attacks, according to new data from cybersecurity vendor Reliaquest.
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Data Theft Extortion Attacks Rise 25 Percent in Just One Quarter and Take Top Attack Spot

A recap of Q2 from Cisco Talos’ incident response services provides insight into exactly what kinds of attacks are being seen in the field, and what kinds of attacks you need to be ...
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The Urgent Need For Cyber Resilience in Healthcare

A US hospital closed two years after a ransomware incident, highlighting that the health sector continues to be under threat.
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Ransomware Crypto Payments Are on the Rise While the Rest of Crypto Crime is on the Decline

New insight from blockchain analysis company, Chainalysis, shows that activity involving known ransomware crypto addresses has grown over the last 18 months, despite a downfall of other ...
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Two-Thirds of Ransomware Attacks Against Manufacturing Resulted in Encrypted Data

As the rate of ransomware attacks steadily increased over time, there are clear indicators as to how these attacks are starting and, therefore, what can be done to stop them.
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