FinTech company Finastra recently suffered a ransomware attack that caused disruptions to its global operations, potentially due to running unpatched servers for a long period of time.
SMBs paid ransomware hackers more than US$301 million last year. Hackers are finding it more lucrative to prey on SMBs without ransomware protection.
Ransomware attack was part of an ongoing campaign against targets in the France's medical sector and France indicated that an active response is something under consideration.
The only way to keep a company’s defense up-to-date against ransomware attacks is with constant proactive activity from well-engineered cybersecurity teams.
In this second part of a two part series we will be taking a look at how online retailers are taking steps to mitigate against the almost inevitable threat to data from hackers that seems part and parcel of the holiday buying season.
Far from sensationalizing ransomware attacks, our response should be to return to the basics of cybersecurity. This requires a converged IT-OT security strategy to limit damage and protect valuable assets.
Risk of losing a class action lawsuit after experiencing a ransomware attack increases if the enterprise in question was negligent with personal data that was compromised, and it can be proven in court.
One of my clients recently asked me what organizations should expect for information security and privacy in 2019. My short answer: More! Here is what to expect in five key areas in 2019, and beyond.
Ransomware attacks are causing a spike in cyber insurance rates as insurers need to cover ransom amount and recovery costs if hackers fail to make good on unlocking the compromised systems.
2019 has seen ransomware costs higher than they ever have been and are expected to increase in 2020. It needs to become an unprofitable business to stop the attacks from hackers.
