Numerous recent sources have been indicating a resurgence for ransomware in 2023, and perhaps the best evidence yet comes from a new Chainalysis report: for the first time ever, global ransomware payments topped over $1 billion in cryptocurrency.
Energy and automation company Schneider Electric has confirmed a ransomware attack that disrupted the Sustainability Business division and leaked company data.
US and UK water companies Veolia North America and Southern Water have confirmed a ransomware attack and a data breach that leaked personal information.
Apparel giant VF Corporation has disclosed in a regulatory filing that the December ransomware attack leaked the personal information of over 35 million customers.
A joint parliamentary committee report warned that the UK government is risking a catastrophic ransomware attack that could cripple the country’s critical infrastructure.
The fifth-largest retail mortgage lender loanDepot disclosed it suffered a ransomware attack that disrupted operations, including loan repayments.
Hacked for the Holidays: Five Actions to Undertake When Ransomware Strikes During the Holiday Season
The holiday season is a time for loved ones and celebrations, and unfortunately, also a prime opportunity for cybercriminals to strike. With many companies operating with reduced staff and employees taking time off, the risk of falling victim to ransomware increases.
Choosing whether to pay ransom isn’t a moral or ethical decision. It is always a business decision based on risk reduction and protecting the interests of an organization’s customers, employees and key stakeholders.
A ransomware attack on Ardent Health Services, a network of 30 hospitals that spans six states, disrupted emergency rooms and caused some patient diversions for at least two days in addition to taking down various systems.
Royal Mail's parent company, International Distribution Services, will spend more than £10 Million in ransomware recovery costs from the January 2023 LockBit cyberattack.
