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Anti-Ransomware Company Exagrid Pays $2.6 Million Ransom

Adam Levin

You would think that ExaGrid, a backup appliance and anti-ransomware service might know how to avoid ransomware, but it was hit. . million after it was hit with Conti ransomware. . The FBI announced last month that Conti ransomware had been used against the Irish healthcare system and at least sixteen U.S.

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Ransomware recovery: 8 steps to successfully restore from backup

CSO Magazine

According to a ransomware survey report released in June by Keeper Security, 49% of companies hit by ransomware paid the ransom—and another 22% declined to say whether they paid or not. Part of the reason is the lack of backups—specifically, the lack of usable backups. To read this article in full, please click here

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What makes a ransomware attack eight times as costly? Compromised backups

Graham Cluley

New research has found that ransomware remediation costs can explode when backups have been compromised by malicious hackers - with overall recovery costs eight times higher than for those whose backups are not impacted. Read more in my article on th Exponential-e blog.

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The Hidden Cost of Ransomware: Wholesale Password Theft

Krebs on Security

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. VCPI) was hit by the Ryuk ransomware strain. In mid-November 2019, Wisconsin-based Virtual Care Provider Inc.

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Ransomware Backup Strategy: Secure Your Backups

Spinone

When someone asks you about the best ransomware protection , the first thing you’ll probably come up with is a backup. After all, backup is the only security practice that actually can get your infected data back. Ransomware can infect backups. Can Ransomware Encrypt Backups?

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Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

SecureWorld News

This article delves deeper into the challenges faced by the oil and gas industry, highlighting practical strategies to safeguard critical infrastructure through cybersecurity, data analytics, and regulatory compliance. Develop backup and recovery plans: Data recovery plans are essential to mitigate the impact of cyber incidents.

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Tape Won’t Work for Ransomware Protection. Here’s Why.

eSecurity Planet

Tape vendors have been promoting themselves as a solution to the ransomware problem because of their ability to provide air-gapped data backup, but trying to recover terabytes of data from a tape drive can be a little like, well, running into red tape. Q: If a ransomware attack is in your system(s), can the attack get to all your data?