Remove 2020 Remove Cyber Insurance Remove Encryption Remove Ransomware
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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

Ransomware attacks have become a significant threat to organizations of all kinds worldwide, with attackers encrypting data and demanding payment for its release. In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network.

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University of Utah pays a $457,000 ransom to ransomware gang

Security Affairs

The University of Utah admitted to have paid a $457,059 ransom in order to avoid having ransomware operators leak student information online. The university did not reveal the ransomware family involved in the attack. ” According to the University, the ransomware encrypted only 0.02% of the data stored on its servers.

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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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Ransomware Attack Hits Carnival Cruise Corporation: What We Know

SecureWorld News

The Carnival Corporation, which has canceled cruises for months now as a result of COVID-19, says one of its cruise brands was hit with a ransomware cyberattack. What do we know about the Carnival Cruises ransomware attack? Hackers encrypted some files. Ransomware attacks 2020: what do cybercrminals want?

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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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Cybersecurity in 2020

Cytelligence

While we saw the threat landscape change in 2019 with even more sophisticated attacks, we predict 2020 to be even more extreme. More targeted ransomware – 2019 saw ransomware exploits getting highly targeted against specific businesses, as well as local government. How can I protect my business in 2020? Eradication.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.