Security News > 2021 > February > The Week in Ransomware - February 5th 2021 - Data destruction
This week we saw a few large scale attacks and various ransomware reports indicating ransom payments are falling, while attacks are increasingly destroying data permanently.
For some good news, a Fonix ransomware decryptor was released this week by Kaspersky that allows victims to recover their files for free.
THE STATE OF RANSOMWARE Ransomware continues the trend of targeted attacks but with the added challenge of double extortion.
Trucking company Forward Air said its ransomware incident cost it $7.5 million Trucking and freight transportation logistics company Forward Air said a recent ransomware attack left a dent of $7.5 million in its Q4 financial results.
Blockchain Analysis Shows Connections Between Four of 2020's Biggest Ransomware Strains As we've covered on our blog, there may be fewer cybercriminals responsible for ransomware attacks than one would initially think given the number of individual attacks, distinct strains, and amount stolen from victims.
Centrais Eletricas Brasileiras and Companhia Paranaense de Energia, two major electric utilities companies in Brazil have announced that they suffered ransomware attacks over the past week.