Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows October 10, 2024 Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber...
Report: Cybersecurity Claims for Data Loss Vary Broadly September 26, 2024 Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims...
Global Ransomware Attacks Spiked Along with Payments and Demands in Q2: Corvus September 4, 2024 Ransomware groups increased their activity significantly in the second quarter, new report from a Travelers subsidiary shows. The report from...
Ransomware Study: 78% of Attack Victims Paid Ransom and 74% Suffered Multiple Strikes August 6, 2024 A survey of nearly 1,000 IT and security professionals shows numerous organizations were targeted by ransomware attacks in the past...
Effective Cyber Risk Management Requires Transparency July 19, 2024 By Robert Jones Cyber risk is manageable. But only if everyone involved in managing that risk is on the same page. Typically, when...
Evolve Bank & Trust Confirms Data Was Stolen in Cyber Attack June 27, 2024 By Teresa Xie and Charles Gorrivan Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted...
Hackers Grow More Sinister and Brazen in Hunt for Bigger Ransoms June 26, 2024 By Jeff Stone and Charles Gorrivan A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule...
UK Hospital Hackers Say They’ve Demanded $50 Million in Ransom June 19, 2024 By Ryan Gallagher A cohort of Russian-speaking hackers is demanding $50 million from a UK lab-services provider to end a ransomware attack that...
Marsh: Cyber Extortion Reached Record High in U.S. and Canada in 2023 June 13, 2024 Multiple companies in the U.S. and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands,...
London Hospitals Postpone Some Operations After Cyberattack June 6, 2024 By Ashleigh Furlong, Yazhou Sun and Shona Ghosh Some of Britain’s most prestigious hospitals are postponing operations after a ransomware cyberattack hit a provider that helps manage blood...