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Ransomware Attacks

Close up of hacker hand stealing data from digital tablet showing ransomware attacks
Cyber SecurityInsights

Combat Double Extortion Ransomware Attacks by Devaluing Your Data

April 5, 2022
Devaluing data makes the information meaningless to bad actors regardless of how much data and which type of data is exfiltrated. This strategy prevents fraudsters from holding your data hostage during ransomware attacks — even if bad actors bypass your security measures, they can’t sell or expose the information.
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Ransomware attack screen showing ransom payment demand
Cyber SecurityInsights

What Do We Do Now? The Immediate Aftermath of Declining Ransomware Demands

July 19, 2023
Declining a ransom payment demand can leave the business at a standstill. Companies achieve better outcomes when they have a strategy and pre-defined path to act instantly and decisively to restore systems, resume operations, and defend against additional actions.
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Warning of a system hacked showing ransomware recovery costs of ransomware attack
Cyber SecurityNews

Ransomware Recovery Costs More Than Double in a Year, Now Average $1.85 Million

May 7, 2021
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.
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Ransomware attack image on computer screen
Cyber SecurityNews

Study Shows Ransomware Attacks Down 61% In 2022, but Average Costs Remain High

January 17, 2023
Surveyed organizations reporting a 61% drop in ransomware attacks but the average cost of ransomware attacks remains high, even as study shows increasing complacency among organizations in keeping vital safety measures in place.
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Microsoft logo seen above its headquarters showing ransomware attacks on Exchange servers
Cyber SecurityNews

LockFile Ransomware Attacks Exploit ProxyShell Vulnerabilities on Unpatched Microsoft Exchange Servers

September 2, 2021
CISA issues urgent alert as threat actors actively exploit ProxyShell vulnerabilities on unpatched Microsoft Exchange servers to execute LockFile ransomware attacks.
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Computer system hack warning on screen showing Conti ransomware attacks
Cyber SecurityNews

Conti Rampage of Ransomware Attacks Comes Into Focus: 40 Companies Hit in One Month, 850 in Two Years

June 28, 2022
Conti is able to breeze through ransomware attacks in as little as three days thanks to a polished setup that has been years in the making: custom ransomware and tools, a disciplined working schedule and a business-like structure.
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Ambulance car with the flashing lights in Manhattan showing ransomware attacks on healthcare system
Cyber SecurityNews

FBI Issues Alert Over Increased Conti Ransomware Attacks Targeting the Healthcare System and First Responder Networks

June 4, 2021
FBI warned of increased Conti ransomware attacks against the healthcare system and first responder networks At least 16 organizations were targeted.
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Padlock with metal chain hooked and locked across computer keyboard showing ransomware attacks through employee phishing
Cyber SecurityNews

Ransomware Attacks Evade Strong Cyber Defenses While Phishing Remains an Easy Initial Entry Point Despite Employee Training

July 23, 2021
Report found that most organizations that suffered successful ransomware attacks since 2019 had perimeter defenses in place and had trained their employees on phishing.
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Technician holding network cables in data center showing ransomware attacks and insider threat
Cyber SecurityInsights

Why Ransomware Attackers Are Moving Towards Insider Attacks and What To Do About It

November 4, 2021
In response to tightening security, it appears that ransomware hackers are adopting new methods. One gang, Lockbit 2.0, is now offering millions of dollars to employees who are willing to help them gain access to a network.
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Ransom sign on laptop showing double extortion ransomware attack
Cyber SecurityInsights

The Pain of Double Extortion Ransomware

March 8, 2023
Ransomware operators have long targeted systems and data availability of their victims, and have been evolving their attack patterns to include the privacy and confidentiality of victim data as well. Attackers are increasingly pushing for double and sometimes triple extortion of their victims.
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Keyboard with dollar bill showing ransom payment and cyber extortion

PowerSchool Confirms Ongoing Cyber Extortion of Individual Schools Despite Ransom Payment

Keyboard with red backlight showing LockBit ransomware data breach

LockBit Ransomware Suffers Its Own Data Breach, Internal Conversations With Victims Leaked

Mobile phone and lock icons showing messaging app security breach

High Security Messaging App Tool Used by US Government Suspends Service After Security Breach

TikTok logo on smartphone showing data transfers of EU data

TikTok to Receive €530 Million Fine Over EU Data Storage, Data Transfers to China

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