ransomware News
Ransomware Criminals Aim at Third-Party Vendors in Hunt for ‘Big Game’
Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption ...Ransomware Criminals are Dumping Kids` Private Files Online After School Hacks
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate and graphic. They describe student sexual assaults, psychiatric ...
U.S., Other Nations Name ‘Lockbit’ Digital Gang Top Ransomware Threat
The United States and six other countries identified the digital extortion gang operating under the "Lockbit" banner as the world's top ransomware threat. In a joint advisory issued last week, U.S., ...Low-Tech Cyber Attacks Took Advantage of Fixable Vulnerabilities in 2022: Coalition
Outdated technology, poor software maintenance, and the dreaded clicking of a malicious link were most to blame for cyber insurance claims experienced by policyholders in 2022, according to a new ...AI, Ransomware, Tech Burnout Biggest Takeaways From RIMS’ Riskworld
The 2023 RIMS' Riskworld conference took place last week in Atlanta, and on the latest episode of The Insuring Cyber Podcast, two guests shared the biggest takeaways from ...
NJ Court Affirms Merck Ruling: War Exclusion Does Not Apply to Cyber Attack
The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in drugmaker Merck & Co.'s all-risk property ...
Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks
The cyber insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new carriers and fresh sources of ...
Ransomware Attacks on Industrial Firms Increased by 87% in 2022
Ransomware attacks against industrial organizations increased by 87 percent in 2022 from the year before, with most malicious software targeting the manufacturing sector, ...