$1.1M Paid to Resolve Ransomware Attack on California County May 8, 2023 SAN BERNARDINO, Calif. (AP) — A Southern California County and insurers paid $1.1 million to resolve a ransomware attack on...
Banks, Financial Industry Hit by Rising Ransomware Attacks March 24, 2023 By Andrew Martin Ransomware gangs didn’t come out with any big new innovations last year, but “what 2022 lacked in innovation it made...
US Infiltrates Big Ransomware Gang: ‘We Hacked the Hackers’ January 30, 2023 By Eric Tucker and Frank Bajak WASHINGTON (AP) — The FBI and international partners have at least temporarily disrupted the network of a prolific ransomware gang...
Viewpoint: Prevention and Mitigation of Business Interruptions After Cyber Attacks January 27, 2023 By Jessica Eldridge and Ron J. Yearwood Jr. The modern security ecosystem is diverse and ever-changing, a place where cyber risk is top of mind for leaders at...
Fewer Companies Are Paying Ransoms to Hackers, Researchers Say January 25, 2023 By Margi Murphy Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from...
Ransomware Did Not Cause Direct Physical Loss, Ohio High Court Says December 29, 2022 By Jim Sams A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no...
Attorneys: Ransomware a Multi-Layered Risk for Policyholders December 16, 2022 By Jim Sams The evolution of ransomware is bringing a wider range of risks to insurance policyholders, with new government regulations, exfiltration of...
Hackers Cripple Prestigious Indian Hospital’s IT Systems November 30, 2022 By Sudhi Ranjan Sen and Bibhudatta Pradhan Cyberattackers have crippled systems at one of India’s most prominent hospitals for a week, forcing the institution to operate a...
US Charges Suspect Linked to Notorious Ransomware Gang November 15, 2022 By Eric Tucker WASHINGTON (AP) — A man who authorities say participated in a ransomware campaign that extracted tens of millions of dollars...
US Banks Reported $1 Billion in 2021 Ransomware Payments November 2, 2022 By Jack Gillum US financial institutions reported nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating...