IT Sec News updates – Ransomware Attacks

July 19, 2024
NEWS

Critical infrastructure ransomware payments, recovery costs spike | SC Media

Organizations in the critical national infrastructure sectors had mean and median ransomware payments reach $3.225 million and $2.54 million this …

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Using Threat Intelligence to Predict Potential Ransomware Attacks – SecurityWeek

While ransomware has been around since 1989, it continues to top the list of the most feared attack vectors.

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Healthcare is an 'easy victim' for ransomware attacks. How hospitals can mitigate the damage.

Ransomware, a type of malware that denies users access to their data until a ransom is paid, can have dire consequences for health systems, disrupting …

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Critical Infrastructure Ransomware Payments, Recovery Costs Spike | MSSP Alert

Organizations in the critical national infrastructure sectors saw median ransomware payments increase 41-fold over the past year, with the highest …

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Two Foreign Nationals Plead Guilty to Participating in LockBit Ransomware Group

ransomware variant in the world—and to deploying LockBit attacks … “In executing our all-tools cyber enforcement strategy, we've dealt significant …

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Mandatory Ransomware Reporting Hinted in King's Speech – BBN Times

… pledging to give regulators more control over security best practices and to mandate incident reporting, with ransomware reporting a key proposal.

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Strengthening Security Posture in the World of Outsourced Ransomware-as-a-Service (RaaS)

It's useful to understand how RaaS models operate and their impacts on ransomware attacks and cyber insurance. But more importantly, organizations are …

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France Says Olympic Ransomware Attacks 'Inevitable' – Barron's

Ransomware exploits security flaws to encrypt and block computer systems, demanding a ransom from a user or an organisation to unlock them. The aim, …

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Ransomware: A Silent Threat to Data Security | Formtek Blog

Ransomware, a type of malicious software, has emerged as a significant threat to data security. It prevents access to computer files, systems, …

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Single ransomware attack has $2.45 billion impact — with “direct response” costs hitting $776 million

A ransomware attack on Change Healthcare in February will cost its parent company up to $2.45 billion, CFO John F. Rex told investors on a call …

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