Ransomware is a type of malicious software that encrypts user data and asks for ransom to make the data available.
It’s no secret that the threat of ransomware attacks is ever-present and continuously increasing as we progress into 2020. It’s frequency of occurrence could be difficult to track as businesses or organizations don’t always report these cyberattacks to authorities, instead paying off ransoms to receive their files. This decision comes at a costly price, as payment never guarantees reaccess to encrypted files.Read More
Towards the end of November, Louisian’s state government experienced a ransomware infection caused by an unauthorized program downloaded onto a government owned computer. The cyberattack caused disruptions across several State offices, leaving employees unable to access the internet, email, or other necessary applications after a prompt server shutdown response by the Office of Technology Services.Read More
Businesses and government agencies aren’t the only target for cybercriminals. School is back in session this month, and school districts across the country are also affected by large scale ransomware attacks.Read More
On May 7th, Baltimore’s city government was faced with a ransomware attack by the “RobbinHood” strain that took most department systems offline. Emergency response systems were unaffected by this attack, but the city still faces extensive damage costs that have risen to a price of $18 million.Read More
Dharma ransomware had first made an appearance back in 2016 and is still out to target its next victims through another cyberattack method: this time posing as an anti-virus software to trick users into downloading malware onto their computers.Read More
Ransomware attacks are far from over, and with more sophisticated attacks like Ryuk, Bitpaymer, and Dharma, encryption keys provided through ransom demands have gotten more expensive.Read More
Albany, NY was hit with a ransomware attack as made public by Mayor Kathy Sheehan via Twitter on Saturday. Several municipal services offered within the city were impacted after the cyberattack.Read More
There’s a new strain of ransomware going around to entice victims into paying ransom. It’s called CryptoMix, and it utilizes a fictitious charity scheme that promises its victims they are helping a good cause.Read More
Data collected from MSPs show that ransomware attacks could likely increase upon small and medium-sized business in the upcoming 2019 year.Read More
Finding purchasable ransomware may not be so difficult for cybercriminals. In a report by ZDNet, findings suggest that ransomware bundles are being sold over the dark web for a hefty, but affordable price of $750.Read More
Damages caused by the WannaCry ransomware attack on Britain’s National Health Service back in May 2017 costed the department about £92 million - or approximately $121 million - as overall expenditures were recently calculated.Read More
Hawaii’s Fetal Diagnostic Institute of the Pacific (FDIP) recently announced a data breach of patient records. It was reported that around 40,800 patients were impacted, as sensitive information such as name, date of birth, and medical history were compromised.Read More
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