Is The Ransomware Debate Over? To Pay Or Not To Pay, The Conference Of Mayors Made Up Their Mind

The long-standing argument over whether or not to pay may have come to an end, with a resolution from the U.S. Conference of Mayors calling on cities to not pay up.

U.S. Government Stresses the Need for Cybersecurity Awareness and Education in Light of Ransomware Attacks on Government Entities

In light of the recent string of attacks that seem to be targeting government agencies and municipalities, a new multi-agency press release provides guidance on how to be resilient.

Three Lessons from a Recent MegaCortex Ransomware Phishing Attack

The MegaCortex strain of ransomware has been used in criminal campaigns targeting businesses as opposed to private individuals. The QuickBooks cloud-hosting firm iNSYNQ, has sustained ...

Varieties of Extortion Experience

We are all familiar with ransomware and its increasingly dangerous cousin, wiper malware. The first encrypts your files and demands ransom payments in exchange for the decryption key. The ...

GermanWiper Ransomware Hits Germany Hard, Destroys Files But Asks For A Ransom

For the past week, a new ransomware strain has been wreaking havoc across Germany. Named GermanWiper, this ransomware doesn't encrypt files but instead it rewrites their content with ...

New Ransomware Strain Spreads Via SMS

A new Android ransomware strain was discovered by ESET researchers. It uses the victim's contact list to spread further using SMS messages that have malicious links.

Two Puerto Rico Hospitals Hit With Ransomware That Encrypts 520,000 Patient Records

The two hospitals were hit by ransomware infections and are one of the largest data breaches reported by the U.S. Department of Health. This particular incident encrypted all kinds of ...

Here Is Some Great InfoSec Budget Ammo From UBS

A KnowBe4 employee forwarded this PDF to me. There is a very interesting point in here: your cybersecurity practices affect the valuation of your company. That should get the attention of ...

This Year, Phishing Causes Losses of $17,700 per minute And Ransomware Attacks Will Cost $22,184 Per Minute

Global losses to cybercrime total $1.5 trillion per year, which amounts to $2.9 million per minute, a new report by RiskIQ shows. Some of the largest companies are losing $25 each minute ...

Ransomware Attacks Costs Nearly Triple in 2019 to over $36K Per Attack

The latest data from ransomware recovery vendor, Coveware, outlines the current state of the cost, duration, and recovery rate of ransomware attacks today.