Group-IB provides a deep analysis of 2020's ransomware trends, finding that ransomware attacks have now become the most lucrative area of cyber crime.
2020 saw a spike in healthcare data breaches. A new report from cybersecurity firm Tenable finds that this spike can be overwhelmingly attributed to ransomware attacks.
A new report from cybersecurity firm Sophos indicates that ransomware recovery costs have shot up in the past year, with the average case approaching $2 million in total expenses.
FBI warned of increased Conti ransomware attacks against the healthcare system and first responder networks At least 16 organizations were targeted.
After seeing substantial portions of the energy and meat production supply chain kept from the market for days due to ransomware attacks, the US government is calling on private organizations to shore up their cybersecurity.
The DOJ elevated the priority of ransomware attacks, comparing them to terrorism and directing U.S. Attorneys to coordinate investigations through the ransomware task force.
As major ransomware attacks continue to be an almost-weekly news item, companies up for policy renewal are getting an unpleasant surprise. Reinsurance broker Wills Re reports that cyber reinsurance rates are up by as much as 40% across the industry.
President Joe Biden warned Vladimir Putin that there would be consequences for ransomware attacks launched from Russia even if they were not sanctioned by the Kremlin.
As ransomware attacks surge and hackers become increasingly bold, the Biden administration is forging ahead with a package of new measures that includes up to $10 million for information that leads to the identification of attackers that hit critical infrastructure.
Report found that most organizations that suffered successful ransomware attacks since 2019 had perimeter defenses in place and had trained their employees on phishing.