Ransomware
Dealing with Stolen Data in Ransomware Attacks: A Comprehensive Guide
In today’s digital age, ransomware attacks have become increasingly prevalent, posing significant threats to individuals and organizations alike. These malicious attacks encrypt valuable data, rendering it inaccessible until a ransom is paid to the perpetrators. However, the danger doesn’t end there. In many cases, cyber-criminals also steal sensitive information before encrypting it, threatening to expose […]
Possible Cyber Attack on 911 of 4 American States
The 911 emergency services experienced a significant outage in four states—Nebraska, South Dakota, Texas, and Nevada—sending shockwaves through the affected communities. Speculation points to a cyber attack orchestrated by Chinese intelligence, targeting all 50 states. However, only nine states were impacted, with four officially confirming the disruption. Iowa, Wisconsin, Kentucky, Minnesota, and Florida are still […]
Nexperia Ransomware attack and some details about American hackers spreading ransomware
Nexperia, a leading manufacturer of silicon-based processors, recently fell victim to a ransomware attack, potentially exposing sensitive information to cybercriminals. The Netherlands-based company, which receives official funding from China, experienced a file-encrypting malware assault on April 12, 2024, impacting its production servers. The attack, attributed to a newly emerged ransomware group called Dunghill Group( DARK […]
Cyber Attacks: The Need For an IT and Board-Level Understanding of the Risks
[By James Allman-Talbot, Head of Incident Response and Threat Intelligence at Quorum Cyber] According to IBM, the global average cost of a data breach in 2023 was 4.45 million, which was a 15% increase over three years. Microsoft notes that “the U.S. was the target of 46 percent of cyberattacks in 2020, more than […]
Ransomware criminals target backups for assured ransom
In recent times, the importance of maintaining efficient data backups as a defense against ransomware attacks has been repeatedly emphasized by security experts and law enforcement agencies. However, what happens when even these backups fall victim to encryption or deletion? According to a report by Sophos, a prominent cybersecurity firm, a staggering 94% of organizations […]
Ransomware attack on Big Issue and University of Winnipeg
The Qilin Ransomware group is under scrutiny for breaching the servers of the UK-based newspaper ‘The Big Issue Group.’ Reports indicate that the perpetrators successfully accessed confidential data from the victim and are now holding the entire database hostage, encrypting it until a ransom is paid. The Big Issue, a newspaper primarily serving the homeless […]
FBI and Interpol issue cyber alerts on ransomware and pig butchering scams
The FBI, renowned for its investigative prowess, has disclosed a troubling statistic: nearly 20% of all ransomware attacks targeting critical infrastructure in the United States were aimed at the healthcare sector. This revelation underscores growing concerns about the safety and integrity of modern healthcare systems entrusted with sensitive patient data. The agency’s announcement comes amidst […]
Ransomware news headlines trending on Google
Hamilton city announces emergency after ransomware attack It seems like there’s a surge in ransomware attacks lately, affecting various sectors from municipal services to healthcare and even international politics. The situation in Hamilton City sounds quite serious, especially with essential services like phone lines and public transportation being disrupted since February 26,2024. Mayor Andrea Horwath’s […]
Ransomware infection reach extends to Data Backups
For years, IT experts have emphasized the importance of maintaining backups for data and applications, highlighting their crucial role in swiftly recovering from cyber-attacks. Indeed, having such backup systems in place can preserve data continuity during unexpected incidents, thereby minimizing downtime. However, recent discussions on platforms like Reddit have challenged the notion that all backup […]
Ransomware payments reached $1 billion in 2023
In the year 2023 alone, hackers behind the rampant spread of ransomware amassed a staggering $1 billion in ransom payments, as disclosed by a comprehensive study conducted by blockchain research firm Chainalysis. This alarming figure, equivalent to the annual budget of several small Asian nations, marks a significant spike compared to previous years, doubling from […]
