Ransomware

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Ransomware

Verizon DBIR 2023: Social Engineering Attacks Exploding, Ransomware Doubles in Cost

June 14, 2023

The annual Verizon DBIR provides further confirmation that attackers are showing a renewed interest in social engineering, particularly in conjunction with business email compromise (BEC) attacks. And the average financial damage of a ransomware attack has doubled and is almost certain to cost organizations at least $1 million to remediate.

Businessman touching display with icon for email security

Cyber Security News

Email Security Nightmare as 75% Of CISOs Expect a Severe Email-Borne Attack in the Next 12 Months

March 3, 2023

As email usage expands annually, so do email-borne threats, with three-quarters of IT security leaders anticipating a severe email security incident in the next 12 months.

Warning symbol on computer showing ransomware attack and backup and recovery

Cyber Security Insights

The Evolution of Ransomware and How Enterprises Can Protect Themselves

January 10, 2023

Data backup and recoverability are more than just a budget line item – they are the last line of defense for businesses and will be the most valuable asset they have when suffering from a ransomware attack.

Business man defending light beams with umbrella showing cyber insurance claims for ransomware and fund transfer fraud

Cyber Security News

Cyber Insurance Claim Count Led by Fund Transfer Fraud, But Ransomware Remains Most Expensive Cost

December 28, 2022

36% of Corvus claims were related to fund transfer fraud in Q3 2022, hitting an all-time high and outpacing ransomware for the first time in a long time. Ransomware cyber insurance claims remain the most costly per incident, however.

School bus parked by the school in Los Angeles showing LAUSD cyber attack

Cyber Security News

FBI and CISA Responded to a Cyber Attack and Ransomware Incident on Los Angeles School District (LAUSD)

September 16, 2022

The Department of Education, FBI, and DHS CISA responded to a cyber attack and confirmed a ransomware incident on the second-largest school district, Los Angeles School District (LAUSD), over the Labor Day Weekend.

Working on a neon computer keyboard showing ransomware

Cyber Security Insights

Why Hackers Are Winning the Ransomware Game

June 20, 2022

How does one manage to create a strategy that can best position your organization to win against ransomware should you become the victim of an attack? Implementing a twofold approach combining Secure Access Service Edge (SASE) framework and zero trust is critical.

Hacker hand stealing data from laptop showing Conti ransomware

Cyber Security Insights

Conti Ransomware Group: The Alliances Behind the Chaos

June 2, 2022

Conti ransomware group has transformed from lone wolves into a globe-spanning pack of well-organized criminals disrupting and casting into disarray government entities, private organizations, and small and medium-sized businesses.

Smart glasses looking at city showing ransomware and insider risks

Cyber Security

Insider Risks, Ransomware and Nation-state Attacks Could Worsen the Risk Landscape in 2022

May 11, 2022

Planning for cyber resilience requires making assumptions about the future as well as anticipating trends and developments that could gain significance over time. Here are some trends that could potentially dominate headlines in 2022.

A large barge for the transport of fuel on the Rhine in Germany showing cyber attack on oil terminals

Cyber Security News

Fuel Troubles Continue in Europe as Oil Terminals in Netherlands and Belgium Suffer Cyber Attacks; Unclear if Breaches Are Coordinated

February 8, 2022

European oil terminals are reporting recent cyber attacks that have disrupted operations, collectively impacting port operations throughout Europe and Africa. Timing of cyber attacks in Europe raises questions about coordinated campaign.

Police putting handcuffs on hacker showing arrests of REvil ransomware gang

Cyber Security News

14 Members of REvil Ransomware Gang Arrested in Russia

January 21, 2022

The REvil ransomware gang has been a point of special focus for international law enforcement and possibly been dealt a fatal blow as Russian authorities have rounded up 14 members residing in the country.

Ransomware

Email Security Nightmare as 75% Of CISOs Expect a Severe Email-Borne Attack in the Next 12 Months

The Evolution of Ransomware and How Enterprises Can Protect Themselves

Cyber Insurance Claim Count Led by Fund Transfer Fraud, But Ransomware Remains Most Expensive Cost

FBI and CISA Responded to a Cyber Attack and Ransomware Incident on Los Angeles School District (LAUSD)

Why Hackers Are Winning the Ransomware Game

Conti Ransomware Group: The Alliances Behind the Chaos

Insider Risks, Ransomware and Nation-state Attacks Could Worsen the Risk Landscape in 2022

Fuel Troubles Continue in Europe as Oil Terminals in Netherlands and Belgium Suffer Cyber Attacks; Unclear if Breaches Are Coordinated

14 Members of REvil Ransomware Gang Arrested in Russia

Why Europe Needs to Prioritize the Switch to Quantum-Safe Encryption

Greater Manchester Police Investigating a Third-Party Data Breach From a Ransomware Attack

Iranian Hackers Use Password Spray Attacks to Compromise Defense Organizations, Pharmaceutical Firms

Airbus Data Breach from a Partner Airline’s Compromised Account Leaks Confidential Information