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Preparing for Ransomware: Are Backups Enough?

eSecurity Planet

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? Backups are a critical component of any enterprise cybersecurity posture, but they are not an airtight strategy. Why Are Backups Critical?

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Researchers Quietly Cracked Zeppelin Ransomware Keys

Krebs on Security

Peter is an IT manager for a technology manufacturer that got hit with a Russian ransomware strain called “ Zeppelin ” in May 2020. He’d been on the job less than six months, and because of the way his predecessor architected things, the company’s data backups also were encrypted by Zeppelin.

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GUEST ESSAY: Caring criminals — why some ransomware gangs now avoid targeting hospitals

The Last Watchdog

Ransomware is a significant threat to businesses worldwide. Related: How Putin has weaponized ransomware In mid-March 2020, representatives from the cybersecurity website BleepingComputer contacted numerous ransomware gangs to ask if they’d continue targeting hospitals during the unprecedented COVID-19 public health threat.

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Microsoft Patch Tuesday, Sept. 2020 Edition

Krebs on Security

Among the chief concerns for enterprises this month is CVE-2020-16875 , which involves a critical flaw in the email software Microsoft Exchange Server 2016 and 2019. “We have seen the previously patched Exchange bug CVE-2020-0688 used in the wild, and that requires authentication. . We’ll likely see this one in the wild soon.

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Backup appliance maker Exagrid pays $2.6m to Conti Ransomware hackers

CyberSecurity Insiders

Despite repeated warnings by the law enforcement agencies like the FBI against ransomware payments, Backup appliance maker Exagrid has reportedly paid $2.6m in Bitcoins to those spreading Conti Ransomware. . It was embarrassing for the backup appliance maker to bow down to the demands of the hackers.

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IBM X-Force: Ransomware Was the Preferred Attack Method in 2020

CyberSecurity Insiders

In 2020, ransomware was the most widely-used method of delivering cyber attacks, accounting for 23% of security events handled by the IBM Security X-Force. A distant second to ransomware, the report says, was data theft (13%), followed by server access (10%). Double Extortion. Manufacturing Targets.

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The Data Security and Data Backup Disconnect

Security Boulevard

from 2020 to 2027. The post The Data Security and Data Backup Disconnect appeared first on Security Boulevard. The cybersecurity market was valued at over $149 billion in 2019 and is projected to reach over $304 billion by 2027, growing at a CAGR of 9.4% This huge size.

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