Security News

Has paying the ransom become business as usual?
2018-06-13 12:00

Radware released its 2018 Executive Application and Network Security Report. For the first time in the survey’s five-year history, a majority of executives (53%) reported paying a hacker’s ransom...

53% of execs pay a hacker's ransom. Are businesses losing the cybersecurity battle?
2018-06-12 13:46

Some 69% of companies experienced a ransomware attack in the past year, which come with legal and monetary consequences, according to a Radware report.

To pay hackers’ ransom demands or to invest in more security?
2018-06-04 21:25

One third of global business decision makers report that their organization would try to cut costs by paying a ransom demand from a hacker rather than invest in information security. The findings...

Hackers Demand $770,000 Ransom From Canadian Banks
2018-06-01 12:33

Cybercrime: FBI Says Ransomware, Extortion Continue to DominateHackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers'...

Mental Health Provider Pays Ransom to Recover Data
2018-05-29 20:18

Faced With Ransomware Attack, Practice Decided Paying Extortionists Was Best OptionA mental healthcare practice's decision to pay a ransom to have sensitive patient data unlocked illustrates the...

1 in 10 healthcare organizations paid a ransom within the last year
2018-05-25 11:15

More than one in three healthcare organizations have suffered a cyberattack within the last year, while almost one in 10 have paid a ransom or extortion fee, according to Imperva. Healthcare data...

WhiteRose ransomware attack sends bizarre poetry in ransom note to victims
2018-04-06 12:28

The attack is similar to the Black Ruby, Zenis, and HiddenTear / InfiniteTear ransomware variants and seems to utilize unsecured Remote Desktop services.

Statistics Say Don't Pay the Ransom; but Cleanup and Recovery Remains Costly
2018-03-27 17:04

Businesses have lost faith in the ability of traditional anti-virus products to detect and prevent ransomware. Fifty-three percent of U.S companies infected by ransomware in 2017 blamed legacy AV...

Not all who pay a ransom successfully recover their compromised data
2018-03-09 11:00

A new report by the CyberEdge Group found that 55 percent of responding organizations were compromised by ransomware in 2017, down from 61 percent in 2016. How victims responded to ransomware...

Largest Ever 1.3Tbps DDoS Attack Includes Embedded Ransom Demands
2018-03-05 14:08

On Tuesday, 27 February, three major DDoS mitigation service providers (Akamai, Cloudflare and Arbor) warned that they had seen spikes in a relatively rare form of reflection/amplification DDoS...