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Cloudflare slams Amazon Web Services over massive markups

Data can be transferred in to AWS' network for free but transferring data out of its network comes with high egress fees.

You're a Ransomware Victim. Should You Pay Up?

And, in a recent alert about the Colonial Pipeline ransomware attack, both the FBI and U.S. Cybersecurity and Infrastructure Agency discouraged the .....

Recent Attacks Lead to Renewed Calls for Banning Ransom Payments

Major ransomware attacks that have disrupted businesses and caused supply chain ripples in the US economy have led to renewed calls for making it ...

Ransomware task force to be set up by US government

The announcement was made by the US Department of Justice, which said that the battle against ransomware attacks needs a collaborative effort on the ....

Study: 42% of UAE companies close down after falling victim to ransomware

The vast majority of firms have experienced substantial business impact due to ransomware attacks, including revenue loss and brand harm.

'Highly sophisticated' ransomware attack sidelines Cloudstar

One of the title industry's main cloud-hosting providers has been sidelined by a ransomware attack, the company confirmed in an email to The Title ...

White House launches task force aimed at ransomware attacks

The White House launched a interagency task force in an effort to confront the recent threat of ransomware attacks. Reports this week said the weekly...

Ransomware hits law firm counseling Fortune 500, Global 500 companies

Ransomware attack leads to data theft. "On February 27, 2021, Campbell became aware of unusual activity on its network," the law firm reveal...

Ransomware is biggest online threat to people in UK, spy agency chief to warn

Ransomware represents the biggest threat to online security for most people and businesses in the UK, the head of GCHQ’s cybersecurity arm is to warn...

Ransomware ravages Ireland's health service - experts comment

“It is clear that cybercrime groups are not above targeting the healthcare sector or critical infrastructure with ransomware, making them no longer ju...

Ransomware's Dangerous New Trick Is Double-Encrypting Your Data

Ransomware hackers who encrypt a victim's data twice at the same time. Double-encryption attacks have happened before, usually stemming from two ...

Three quarters of finance firms report rise in cyberattacks

The cyber and intelligence arm of BAE Systems has warned of a “huge jump” in botnet, ransomware and phishing attacks as well as Covid-related ...

Oil rises 1% after cyber attack forces closure of US fuel 'jugular' pipeline

Signalling the seriousness of the situation, the White House was working closely with Colonial Pipeline to help it recover from the ransomware attack,...

The Rise Of Ransomware As A Service

Or at least that is what it delivers when not being held hostage in a ransomware attack. At present it is delivering exactly zero percent of the fuel...

Coveware Q1 2021 Report Shows Increase in Ransomware Payments Over Q4 2020

Coveware issued its Q1 2021 Ransomware Report on April 26, 2021, which concludes that “[D]ata exfiltration extortion continues to be prevalent and ...

Axa XL to halt cyber ransomware payments in France

Axa XL on Thursday said it would stop writing cyber insurance policies in France that reimburse customers for extortion payments made to ransomware .....

Ransomware gangs have leaked the stolen data of 2100 companies so far

34 ransomware gangs leak data on the dark web. A dark web security researcher known as DarkTracer has been keeping track of the data leak sites for .....

Pipeline halts operations after ransomware attack

In a statement updated midday Saturday, the Colonial Pipeline Company said it had determined the incident involved ransomware -- a type of ...

What Can We Learn From the Garmin Ransomware Attack?

Famous ransomware attacks teach us certain lessons to follow while ensuring cybersecurity. A few days ago, Quanta Computers Inc., a primary supplier ....

Mimecast report: 61% of organisations were infected with ransomware in 2020

The State of Email Security, an annual report published by Mimecast, discovered 79% suffered financial loss, and identified that ransomware was the .....

Security Spending Doubles but Two-Fifths of Firms Suffer Breaches

Ransomware had a major impact on organizations last year: 16% suffered attacks and over half (58%) paid up, rising to 71% in the US, according to ...

Q1 2021 ransomware trends: Most attacks involved threat to leak stolen data

The vast majority of ransomware attacks now include the theft of corporate data, Coveware says, but victims of data exfiltration extortion have very l...

The Life-Threatening Rise of Ransomware in Healthcare

The Life-Threatening Rise of Ransomware in Healthcare ... caught in the crossfire of a ransomware attack is now an increasingly frightening prospect ....

'It'll cost 45 Bitcoin to get your company back'

A global coalition of technology companies and law enforcement bodies is calling for "aggressive and urgent" action against ransomware.Micr...

Criminals Are Abandoning Bitcoin, Says Former CIA Director – Here's Why

Similarly, the ransomware group, Sodinokibi, no longer accepts Bitcoin as payment and will only take Monero.” According to Morell, Bitcoin's publicly...

Cryptocurrencies Promote Secure Decentralization or Support Cyber Piracy: the Truth

Ransomware was perhaps the most significant development arising from this new economy. The ability to send anonymous, online payments enabled ...

Remote Desktop: You're Opening the Floodgates for Hackers

In fact, Abacode partner Coveware says that RDP was a factor in nearly two-thirds of targeted ransomware campaigns last year. What is RDP? RDP is ...

How businesses can lower data security risks in hybrid working environments

In the unfortunate event of a cloud outage or ransomware attack, you want to maintain business resilience and ensure operations continue to run with ....

Tape: an unexpected renaissance | Critical Environments | Data Centre Magazine

#Tape Storage #Cloud #Data Centres #Security ... role they thought reels of tape play in the modern world of public cloud storage and all flash arrays...

Is cyber insurance a good investment? What healthcare CISOs and CIOs should know

However, due to ransomware and the significant number of payouts due to breaches occurring in the last year, premiums are increasing, regardless.

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