Japanese tech giant Olympus suffered a suspected BlackMatter ransomware attack in early August that disrupted operations in its European, Middle East, and African operations.
Holding companies legally accountable, sharing information, and creating shared security standards won’t completely eradicate ransomware attacks. But they will make it considerably harder to carry out those attacks successfully.
To stop a ransomware attack, you need the capability to detect threats and take action against them before they ever impact your business. Utilizing services such as extended detection and response (XDR) can provide round-the-clock monitoring from a team of cybersecurity experts.
Accenture said the LockBit ransomware attack that reportedly encrypted at least 2,500 computers and leaked 6 terabytes of data had no impact on its operations.
A ransomware attack once again caused a serious blow to a critical segment of the US economy last week. This time it was the food supply … these attacks demonstrate that critical infrastructure is not only a vulnerable but also viable target.
AXA made news earlier in the month for opting to drop ransomware payment coverage from new cyber insurance policies in France. Operations in Asia were subsequently hit by a ransomware attack.
When the first reports of the Colonial fuel pipeline attack appeared, it was natural to assume the worst but an investigation by the FBI has fingered a ransomware-as-a-service operator rather than a known state-backed group.
Acer reportedly suffered a REvil ransomware attack. The threat actors posted some files as proof and demanded the highest recorded ransom payment of $50 million in Monero.
Infosec firm Qualys admitted it was an Accellion FTA data breach victim but denied experiencing a ransomware attack after the Clop ransomware gang published customer order documents.
Kia Motors America suffered a suspected DoppelPaymer ransomware attack that shut down internal and customer-facing systems. Hackers demanded 404 Bitcoins worth about $20 million.
