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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.

Protecting Your Data Lake Requires a New Mindset

In this contributed article, technologist Bernard Brode discusses how protecting your data lake requires a new mindset. Some have questioned whether t...

Is there a More Environmentally Friendly Way to Train Artificial Intelligence?

In this special guest feature, Omri Geller, Co-founder and CEO at Run:AI, takes a timely and interesting look at one of the most pressing issues facin...

Cyber Security for Critical Infrastructure: Challenges and Solutions

(Source – US data on ransomware attacks on critical infrastructure collected by Temple University). Other Cyber Incidents Around the World Involving ....

96% Of Security Professionals Preparing For AI-Powered Cyber-Attacks

The top 3 most concerning attacks were email attacks (74%), ransomware (73%) and cloud-based attacks (68%); 96% of respondents are preparing ...

2021 Malware Trends: What We Should Expect

Unfortunately, sophisticated and devastating malware and ransomware attacks will likely increase throughout 2021 as threat actors continue to ...

Ransomware: How it Has Evolved to be Faster, Stealthier and to Strike Harder

Ransomware attacks have gone from being a nuisance to becoming a significant financial burden, as well as a major threat to our critical infrastructur...

Ransomware negotiations: An inside look at the process

As ransomware attacks continue to surge across the globe, the demand for negotiation services has also increased -- and been hard to fill.

FBI Pegs 2020 Cybercrime Costs at $4 Billion – Actual Losses Likely Higher

COVID-19 and Ransomware. Several threats stood out in the IC3 report. One of those was the incessant stream of scams and fraud attempts that ...

Hacked companies had backup plans, but didn't print them out. Why cybersecurity still isn't being ...

"There's no doubt that organisations that have experienced that have a much more visceral sense of what it feels like to experience a ransomware...

Amid cyberattacks, how does the supply chain stay resilient?

Withstanding 'brutal' ransomware attacks. Successful attacks like the ones that hit trucking and logistics firm Forward Air Corp. and shipping line CM...

'Orthopedic practices may seem like a softer target': How a Colorado group is protecting against ...

Two-factor authentication is one of many methods used to protect patient information as ransomware attacks become more prevalent among physician ...

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