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Ransomware and cyber insurance

Episode #14: Ransomware Attacks and the Impact on Cyber Insurance

The number of ransomware attacks has increased drastically. According to a report from security firm Barracuda, ransomware attacks grew 64% year-on-year between August 2020...
JVCKenwood, LockFile ransomware, ransomware attacks in India, Suppress ransomware payment channels

Conti Ransomware Group Reportedly Stole 1.5TB Of Data from JVCKenwood

Multinational electronics firm JVCKenwood admitted that it had been hit by a security incident that affected some of its operations in Europe. The company...
paying ransom, Conti Ransomware Attacks

Conti Ransomware Attacks on Rise – CISA, FBI, NSA Issue Joint Alert

Increased use of Conti ransomware in more than 400 attacks on the U.S. and international organizations has been observed by the Cybersecurity and Infrastructure...
Ransomware Attack on NEW Cooperative

BlackMatter Group Demands $5.9 Mn Ransom After Attacking NEW Cooperative

While the Biden administration is severely trying to curb ransomware attacks, threat actors continue to target the critical infrastructures in the country. Farm services...
network and ransomware attacks in Singapore, Singapore Ranks Most Prepared in Cybersecurity Readiness: Deloitte

Singapore Businesses Struggling to Cope with Network and Ransomware Attacks

While Singapore is accelerating its digital transformation capabilities, cybersecurity standards remain a severe concern for organizations in the country. New research from Barracuda Networks...
Cllud backup, backup, immutable backups

Immutable Backups are Key to Becoming Resilient Against Ransomware: Veeam

Ransomware groups now prioritize seeking and encrypting data in backups to make the recovery process difficult unless the ransom is paid. That’s why it’s...
Accenture ransomware attack, South Africa Justice Department

South Africa’s Department of Justice Network Under Ransomware Attack

The Department of Justice and Constitutional Development of South Africa admitted that its IT systems and operations were disrupted in a ransomware attack. The...
JVCKenwood, LockFile ransomware, ransomware attacks in India, Suppress ransomware payment channels

Indian Organizations Among Most Targeted for Ransomware; Most Pay Ransom

Most news on ransomware attacks is about U.S. organizations. We hear little about ransomware attacks in India, as few organizations report it. That’s not...
Ransomware gangs

This is How Ransomware Gangs Select their Victims

Not all ransomware gangs break into targeted networks. They often purchase access to victims’ networks from other cybercriminal groups and initial access brokers (IABs)...
ransomware, fonix, fonix ransomware, Cybereason Partners with Intel for Hardware-Enabled Ransomware Prevention, Kronos

Ransomware Vulnerabilities That Could Bring Down Your Organization

Today, 266 vulnerabilities are associated with ransomware, and attackers are increasingly exploiting these weaknesses to launch devastating ransomware attacks. Therefore, identifying and remediating these...