Here you will find all the articles with the tag: ransom.
Last year, more than $1.1 billion (€1 billion) in ransom payments were made following a cyber attack. This beats the record from 2021. This is according to figures from Chainalysis. In 2021, ransomware payments amounted to $983 million, but the following year saw a significant drop. The amount... Read more
3 months ago
A total ban on paying hackers in ransomware attacks is the only solution to this troublesome problem. This is stated by security specialist Emisoft in response to a recent report on the impact of ransomware attacks. According to Emisoft, a legal total ban on paying after a ransomware attack is t... Read more
4 months ago
Dutch hacker Pepijn Van der Stap has recently been sentenced to four years in prison. He was found guilty of extortion of multiple companies, selling stolen data and laundering his monetary gains through cryptocurrency. Van der Stap and a number of fellow criminals attacked a large number of Dut... Read more
6 months ago
Hackers are currently attacking LinkedIn accounts en masse worldwide. According to security specialists at Cyberint, the attacks follow a set pattern, while users are experiencing a great deal of inconvenience. According to Cyberint researchers, LinkedIn accounts are currently being encountered ... Read more
8 months ago
The breach compromised some of Ferrari's IT systems, after which the company received a ransom demand from hackers. The hackers claimed they accessed several systems in Ferrari's IT environment. In breach notification letters sent to customers, Ferrari regretted the incident and informed them th... Read more
1 year ago
More than a third of Dutch C-level managers believe their organization should pay up after a ransomware attack. The opinion contradicts the advice of security professionals worldwide. Sophos interviewed C-level managers on ransomware. The survey is troubling. 36 percent believe their organizatio... Read more
2 years ago
During this year’s Black Hat USA event, experts have warned that the adoption of double-extortion attacks against organizations is on a rising trend. The warning comes after this year saw Kaseya, JBS, and Colonial Pipeline, among the most affected companies targeted by cybercriminals. Ransomwa... Read more
3 years ago
Another day, another company pays a ransom to get their network back. That only encourages the cybercriminals to continue targeting even more companies. The most recent news involves the global meat processing company JBS. The company was in the news on June 1 when it was hit by a ransomware att... Read more
3 years ago
Security researchers have revealed that a ransom DDoS campaign is underway, targeting organizations all over the world. A cybersecurity alert by Radware indicates that the first wave of these attacks started in August. However, the DDoS campaigns were aimed at companies again, in the last week of D... Read more
3 years ago
Ransomware gangs are now going after top executives, they aim to get access to their laptops and workstations to steal data from them, in the hope that what they find will be more valuable and hopefully pressure the companies involved to pay a ransom. This trend is relatively new and operates on... Read more
3 years ago
