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Ransom Payments

Computer keyboard with dollar bills showing Hive ransomware and ransom payments
Cyber SecurityNews

Hive Ransomware Racks up $100 Million in Ransom Payments, Over 1,300 Companies Victimized

November 22, 2022
Hive ransomware, one of the biggest ransomware-as-a-service (RaaS) strains circulating since 2021, has at this point brought in $100 million in ransom payments and the total victim count is at least 1,300 organizations.
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Medibank health insurance company branch showing refusal of ransom payments led to leak of health data on dark web
Cyber SecurityNews

Medibank Refuses Ransom Payments, Hackers Leak Stolen Health Data to Dark Web

November 14, 2022
Medibank has opted to ignore demands for ransom payments for the recent data breach of about 9.7 million health data records. Criminals have published a fraction of the stolen data on the dark web, including those of high-profile politicians.
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Hand taking dollar from pile illuminated by red light showing ransomware attacks down due to ransom payments
Cyber SecurityNews

NSA: Sanctions on Russia Having a Positive Effect on Ransomware Attacks, Attempts Down Due to Difficulty Collecting Ransom Payments

May 26, 2022
NSA director of cybersecurity says ransom payments are more difficult to process due to lack of access to assorted banking options, and inability to purchase necessary technology to set up the infrastructure for new ransomware campaigns.
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ChatGPT logo on smartphone screen showing security risks of AI/ML solutions

The Risks of Using ChatGPT-Like Services

Man using laptop computer with virtual documents showing ransomware gangs shift to data extortion attacks

BianLian Ransomware Gang Shifts to Purely Data Extortion Attacks, Warns Joint Advisory

Hands holding a mobile phone showing Google location tracking lawsuit

Google Settles Washington Location Tracking Lawsuit for $39.9 Million

Woman with Umbrella walking on street at night showing cyber insurance and ransomware attacks

Cyber Insurance Cannot Offset the Dangers of Ransomware

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