Fewer and fewer organizations are detecting ransomware on their networks and their endpoints, but that doesn’t mean that there are fewer ransomware attacks happening around the world.
Tag: ransomware
Ransomware Revenue Poised to Make 2023 a Costly Year: Chainalysis
Ransomware payments dropped significantly in 2022, but they’ve shown a major rebound in the first half of 2023, as threat actors switch up their tactics and demands, according to the latest numbers from Chainalysis.
Identity Theft Resource Center Sees Record-Setting Number of Data Compromises in Q2
According to the H1 2023 Data Breach Report, there were 951 publicly-reported data compromises in the quarter, a 114 percent increase compared to the previous quarter (445 compromises).
Ransomware Criminals Are Dumping Kids’ Private Files Online After School Hacks
Complete sexual assault case folios containing these details were among more than 300,000 files dumped online in March after the 36,000-student Minneapolis Public Schools refused to pay a $1 million ransom.
SEC Delays Final Rule on Cyber Incident Disclosure Amid Industry Pushback
The Securities and Exchange Commission has delayed a final rule requiring publicly traded corporations to report major cyber breaches and assaults in regulatory filings until October.
White House Considers Ban on Ransom Payments, With Caveats
The White House and international partners in the fight against ransomware are considering a ban on ransom payments, eyeing a new and complicated means to counter financially motivated threat actors.
Banks, Financial Industry Hit by Rising Ransomware Attacks
In its annual outlook on cyber threats, the Financial Services Information Sharing and Analysis Center reported that ransomware remained the biggest concern.
The Cyber Insurance Market Is Making a Comeback
After being battered by a rash of pandemic-era ransomware attacks, the cyber-insurance market is making a comeback
Ransomware Attacks Decline as New Defenses, Countermeasures Thwart Hackers
Extortion payments from ransomware fell significantly last year, according to federal officials, cybersecurity analysts and blockchain firms.
Ransomware Outbreak Hits Florida State Court System and Universities in U.S., EU
An analysis of ransom notes posted online to stricken servers shows that a global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and Central Europe.