IT Sec News updates – Ransomware Attacks

Cybersecurity Dive

Ransomware payments surpassed $1.1 billion and researchers say attack sprees targeting MOVEit, GoAnywhere, Citrix devices and PaperCut helped fuel the …

CNN

One ransomware attack using Hive malicious software, in August 2021, forced a US hospital in the Midwest to turn away patients as Covid-19 surged, …

SC Magazine

The MOVEit hack and growth of RaaS helped drive record-breaking ransomware revenue, analysts say.

NBC4 Washington

Lifesaving technology, CT scanners, MRIs and heart monitors can all be targets for cyber criminals. Hackers are targeting hospitals at alarming …

The Hill

Ransomware payments skyrocketed in 2023, hitting a record-high $1.1 billion extorted from targets of the schemes, according to a Chainalysis …

Accounting Today

Ransomware attacks grew larger in scope and more complex last year, resulting in record high payments that defy the previous year's lull.

SecurityWeek

The payments made by victims in response to ransomware attacks doubled in 2023 compared to 2022, according to Chainalysis.

Verdict

Ransomware is a type of malware attack which encrypts files on a device, rendering them and the systems that rely on them unusable. This type of …

CBS News

Ransomware groups like Hive design malicious software to infiltrate computer networks through a number of methods, including phishing emails, holding …

Check Point

Originally, ransomware used the threat of data loss to inspire its victims to pay a ransom demand. It accomplished this by encrypting data on an …