IT Sec News updates – Ransomware Attacks

Philadelphia Inquirer

Ransomware is a kind of malevolent software that encrypts files, making them unusable until a financial demand is met. Crozer includes Crozer-Chester …

IT Security Guru

478 manufacturing companies have suffered a ransomware attack, leading to a loss of approximately $46.2 billion in downtime alone.

Dallas Morning News

The city issued a formal notice for the first time about potential data being exposed in the ransomware attack by the group Royal, the hacking …

Infosecurity Magazine

Analysis by Comparitech found that manufacturers have lost $46.2bn from ransomware attacks in downtime alone since 2018.

The Stack

AI automation is helping to drive a surge in ransomware, as new attacks doubled over the last 12 months, according to research from Barracuda.

WFAA

City of Dallas confirms unauthorized third party downloaded city data from servers in ransomware attack. The city says the third party had access …

StateTech Magazine

As Ransomware as a Service proliferates, cities should ensure that they can restore data quickly to maintain functions.

TechTarget

Traditional ransomware attacks took a back seat last month, as Clop operators continued to claim victims from the zero-day attacks on MoveIt …

MarTech Series

Barracuda Networks, Inc., a leading provider of cloud-first security solutions, published its fifth annual Threat Spotlight on ransomware.

Law.com

Ransomware gangs favor smaller companies, as they're more likely to have a smaller IT budget and less cybersecurity expertise. · Threat actors are …