Ransomware attacks

Top 10 Ransomware Attacks in 2023

As we approach August, it’s time to take stock of the ransomware attacks that have plagued numerous organizations, leaving CTOs and CIOs grappling with the aftermath. The year 2023 has witnessed several high-profile incidents, exposing sensitive data and causing disruptions across various industries. 1.) Harvard Pilgrim Health Care (HPHC) faced a significant breach in April. […]

Ransomware attacks on schools fetched $6 Billion loss

According to a report compiled by Comparitech, Ransomware Attacks on schools and colleges operating in United States could have fetched a $6 billion loss to the institutes on a combined note in 2020 alone. The only good news is that the research team found that the average downtime was witnessed to have decreased from 14 […]

Year 2021 witnesses over 304.7 million Ransomware attacks so far

SonicWall Cyber Threat report has confirmed that the year 2021 witnessed a record number of ransomware attacks in just 6 months, taking the number to 304.3 million; double than what was observed in the first six months of 2020. The network protecting firm stated that the cyber criminals sped up the attacks on corporate networks […]

United States to use Amazon, Google and Microsoft to bolster security against Ransomware Attacks

As more and more companies are becoming soft targets for ransomware spreading gangs, United States is all set to knock the doors of big technology companies like Amazon, Google, and Microsoft to offer protecting collaboratively. Named as Joint Cyber Defense Collaboration, the initiative will allow the Department of Homeland Security to officially seek help from […]

Ransomware attack on SIX healthcare providers

In the past week, over 5 US-based healthcare services providers have reported ransomware attacks on their digital assets and the details of the incidents are as follows- 1) First, it was Ohio based N.E.O Urology services provider which reported about a ransomware attack on its digital assets. Now the news is out that the IT […]

Ransomware attacks surge Cyber Insurance claims in Europe

Ransomware attacks have surged cyber insurance claims in Europe says a report compiled by AIG, one of the largest cyber insurers on the globe. The data shows that the financial institution has received as many cyber claims last year as in the previous four years from companies operating in Europe, Middle East, and Africa. AIG […]

How to defend against healthcare ransomware attacks

Ransomware attacks on businesses operating in the healthcare sector have become a security nightmare for many companies in the past two years. The reason, hackers find the healthcare data extremely lucrative as they can sell the siphoned data on the dark web for exuberant amounts or can also lock the database from further access and […]

Verizon Wireless acknowledges Ransomware as a most popular form of malware

Verizon Wireless in its latest Data Breach Investigations Report (DBIR) has confirmed that ransomware has become the most popular form of malware in 2017 and has doubled up in existence in the past couple of years. What’s more apprehending is that firms are still not investing in security strategies to tackle ransomware. Meaning they are […]

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