IT Sec News updates – Ransomware Attacks

July 14, 2023
NEWS

The rise in ransomware attacks this year may be related to Russia's war in Ukraine – VPM

Ransomware attacks are on the rise in 2023. There are competing theories why, but it might actually have a lot to do with Russia's war in Ukraine.

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'Crypto' scams decline, but ransomware rising at a near-record pace – CoinGeek

Ransomware hackers are also making bigger initial demands of higher-value targets while hitting them with more sophisticated software and, in some …

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Ransomware attacks cost financial organizations US$32.3 billion in downtime since 2018

That's according to new research from Comparitech, which found that 225 financial organizations are confirmed to have been hit by a ransomware attack …

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Opinion: Has the cyber market been asleep to the return of ransomware? – Inside P&C

A recent report from Howden shows ransomware activity is up 48% year-on-year.

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Most companies fear data will be lost in ransomware attack: Poll – NewsNation

A new poll revealed that most companies don't think their businesses could recover data after a ransomware attack.

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CORRECTING and REPLACING – MISI Invites Nubeva To 3rd Party Testing of Ransomware

“We eagerly await the results and are confident that this validation will firmly establish Nubeva's Ransomware Reversal technology as an essential and …

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Out of Crisis, Opportunity: LAUSD's Fight Back From the Ransomware Brink

What could have been a digital quagmire for California's largest school district served as a chance to hone cyber response and gird its more than …

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Same code, different ransomware? Leaks kick-start myriad of new variants

The H1 2023 ESET Threat Report summarizes threat landscape trends seen in ESET telemetry from December 2022 through May 2023.

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Ransomware claims rise highlights systemic exposure risks – The Insurer

After a significant drop-off in ransomware attacks last year, the insurance market is starting to see an increase in criminal activity in 2023, …

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Services in North Carolina town unavailable after ransomware attack

Government officials said on the evening of July 11, they discovered a cybersecurity incident later determined to be a ransomware attack. “The …

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