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Ransomware Is the No. 1 Cyber Threat This Year. Here’s What You Can Do

Adam Levin

You couldn’t go a week last year without seeing a ransomware headline in the news. And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020.

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Maze Ransomware operators claim to have stolen millions of credit cards from Banco BCR

Security Affairs

Maze Ransomware operators claim to have gained access to the network of Banco BCR of Costa Rica and stolen 11 million credit card credentials. Maze Ransomware operators claim to have hacked the network of the state-owned Bank of Costa Rica Banco BCR and to have stolen internal data, including 11 million credit card credentials.

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U.S. Government Warning on Ransomware Payments: What Does It Mean?

SecureWorld News

Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory on ransomware. This was not about the cybercrime itself, but instead, the regulatory trouble your organization could face for facilitating ransomware payments. Treasury: ransomware continues to increase.

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Ransomware in 2020

Cytelligence

Ransomware is becoming an epidemic in the cybersecurity world, with new strains being created continuously by criminals to extort money out of unsuspecting users. What is Ransomware? Ransomware is a devastating attack on an organization’s or individual’s digital assets. Damages from ransomware in 2019 rose to over $11.5

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Building a Cyber Resilient Business: The Protection Layer

Webroot

Cybercrime is on the rise. The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. billion to data breaches and cybercrime. billion to data breaches and cybercrime. And those attacks are costing companies a lot of money.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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5 Reasons Ransomware Is Now a 'Perfect Storm'

SecureWorld News

Ransomware has been one of the hottest topics in cybersecurity during the last year. A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. However, there are other contributing factors to the rise in ransomware the world witnessed in 2020.