Since ransomware attacks have evolved from a ‘spray and pray’ tactic to a meticulously planned event, businesses need to be better prepared. What is the missing link that can nudge a novice business towards becoming a cybersecurity grandmaster with foresight and adequate visibility across security vulnerabilities?
Some threat actors are still willing to take whatever opportunities they can find. A recent ransomware attack on the developing and mostly-rural Papua New Guinea illustrates this.
Lawsuit alleges that Springhill Medical Center was responsible for the death of a baby after ransomware attack prevented doctors from monitoring the baby's heartbeat during delivery.
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.










