Tom Mullen
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5 days ago · ICBC London, a branch of the Industrial and Commercial Bank of China, suffered a ransomware attack by Hunters International. The group claims to have exfiltrated 6.6 terabytes of data, encompassing over 5.2 million files, and set a ransom deadline for September 13, 2024.
3 days ago · According to the Ransomware Task Force’s fourth Global Ransomware Incident Map, ransomware attacks increased 73% in 2023. Using Ecrime.ch data, the map analyzes incidents across 117 countries originating from 66 ransomware groups.
4 days ago · Attackers typically demand payment in cryptocurrency, such as Bitcoin, because it offers anonymity. Ransomware attacks can be devastating, leading to prolonged downtime, loss of sensitive data, and reputational damage. Businesses of all sizes, as well as individuals, can fall prey to these attacks.
4 days ago · In the rapidly evolving landscape of cyber security, a new kind of threat has emerged that targets cloud services and poses a significant risk to businesses of all sizes: ransomcloud. This sophisticated form of ransomware aims to encrypt data stored in the cloud, demanding a ransom for its release. As more organizations migrate their operations ...
3 days ago · Who Pays the Ransom: Insurance providers are heavily involved in ransom payments, contributing in 77% of cases. 19% of total ransom payment funding comes from insurance providers The latest Sophos report on real-world ransomware experiences explores the full victim journey, from attack rate and root cause to operational impact and business outcomes, of 402 healthcare organizations.
3 days ago · The average ransom demand per attack in the first half of 2024 was over $5.2 million. The decision to pay a ransom has legal and ethical implications that can impact the business. Let’s look at the risks of paying the ransom, the government's stance on paying the ransom, and alternatives to paying the ransom, to give you the full picture.
3 days ago · The ransom amount wasn't specified. The Delaware Department of State didn't respond to The News Journal's questions about whether Hackmanac's claims are true. Who is RansomHub?
