eSecurity Planet

FEBRUARY 16, 2021

For access to the decryption key, the victim must make prompt payment, often in cryptocurrency shielding the attacker’s identity. This is especially true for your existing intrusion detection and prevention system (IDPS), antivirus, and anti-malware. Bitdefender : Bitdefender Antivirus Plus. Offline Backups. Description.

Ransomware 97

Ransomware Backups Software Encryption 97

Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

Ransomware 97

Ransomware Cyber Insurance Insurance Antivirus 97

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Intergovernmental organizations, national police departments, and antivirus vendors do their best to have the information corrupted by encryption malware available to its legitimate holders. Successful attacks against high-profile organizations propel this cybercrime model the most. They do it free of charge. Although the U.S.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. It has been noted that paying a ransom demand only encourages this type of cybercrime and funds it. In fact, one report shows that business email compromises are 23% of cyber insurance claims. Should You Pay the Ransom?

Ransomware 52

Ransomware Backups Data breaches Encryption 52