The rate at which data breaches are occurring is on the rise, this we know. But another corresponding rate on the rise is the dollar amounts that are being paid out in a ransomware attack. That number has risen by 104% for the fourth quarter of 2019. With an average of $84,000 being paid by...
Ransomware Is Not Randomware Gone are the days where you “might know” someone who has, or will, come under attack to a ransomware attack. The skyrocket in cases has come in at a 105% increase according to Beazley Breach Response (BBR) Services team which compared numbers against their 2018 data. Adding insult to injury, the...
RobbinHood – the Not so Heroic New Outlaw Stealing from the rich to give to the poor – in theory, the original Robin Hood had good intentions. There’s a new generation of him and his not so merry men and in this adaption, the takeovers are far less charitable. Using malware instead of arrows, this...
Remember ransomware, the malicious software that blocks computer access until a ransom demand is paid? The threat was huge and dominated headlines in the past but seems to have slowed down in recent months. Could the decline in publications citing ransomware as the cause of a data breach or loss of data indicate that cybercriminals...
Ransomware should be a concern for everyone, from small businesses to large corporations, although the likelihood of suffering from an attack may be dependent on various factors. Cybercriminals often select targets they believe to have the most attractive data and will likely respond quickly to their ransom demands, as well as targets who may have...
An article over at Bleeping Computer gives very good insight into the use of exploit kits. It seems that cybercriminals have started to move away from exploit kits that spread ransomware in favor of spreading cryptocurrency miners and information-stealing trojans. The exploit kit landscape has continued its downfall started in the summer of 2016 and...
Breaches are becoming increasingly common as cybercriminals continue to advance their skills and tactics to trick their victims into falling for their scams. While cybercriminals are remaining diligent in their efforts to carry out their attacks, small business owners continue to underspend on cybersecurity. An article on Entrepreneur looks at 5 things your employees are...
Ransomware, a popular form of a cyber-attack usually involves criminals tricking their victims into installing malware. The malware causes serious issues for its victims by preventing them from accessing their files unless a ransom is paid to the criminal. An article on Inc. explains why ransomware is becoming more dangerous and how you can ensure...
A major cyberattack took the world by storm Friday, hitting 150 countries and affecting 200,000 computers and over 20 hospitals in the U.K. This attack serves as a major wakeup call to both companies and consumers that securing systems and devices is vital. Although this incident should prompt immediate action in increasing security measures, if history repeats...
Cybercriminals have no boundaries when experimenting with ways to successfully carry out a cyberattack. We have seen these criminals prove time after time just how creative they can be when choosing their victims, but who have these hackers chosen as their newest targets? Ransomware operators have now made targets of superyacht owners. Experts believe that...
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