Remove B2B Remove Backups Remove Ransomware
article thumbnail

Ransomware Hits B2B Payments Firm Billtrust

Krebs on Security

Business-to-business payments provider Billtrust is still recovering from a ransomware attack that began last week. The company said it is in the final stages of bringing all of its systems back online from backups. Cloud service providers are a favorite target of attackers who deal in ransomware.

B2B 164
article thumbnail

The Financial Dynamics Behind Ransomware Attacks

Security Affairs

Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. Today, this tactic has evolved, where ransomware operators in nearly every case first exfiltrate sensitive data and then threaten to publicly expose it if a ransom demand is not paid.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Q&A: SolarWinds, Mimecast hacks portend intensified third-party, supply-chain compromises

The Last Watchdog

SolarWinds and Mimecast are long-established, well-respected B2B suppliers of essential business software embedded far-and-wide in company networks. Remember how the WannaCry and NotPetya worms signaled the trajectory of ransomware, which has since become an enduring, continually advancing operational hazard ?

Hacking 228
article thumbnail

Kaseya Breach Underscores Vulnerability of IT Management Tools

eSecurity Planet

Managed service providers (MSPs) have long relied on third-party software to manage clients’ IT infrastructure, but a massive ransomware attack launched over the weekend at customers of Kaseya will likely cause MSPs to take a harder look at the security of their IT suppliers. Backup data regularly. VSA server breached.

article thumbnail

How cybercrime is impacting SMBs in 2023

SecureList

That same year saw one of the worst ransomware incidents in history, the Kaseya VSA supply-chain attack. SMB employees and especially managers are often the target of spam campaigns touting collaborations and B2B services, such as SEO, advertising, recruitment assistance and lending.

article thumbnail

What Is a SaaS Security Checklist? Tips & Free Template

eSecurity Planet

These checklists include security standards and best practices for SaaS and cloud applications, and B2B SaaS providers use them to guarantee that their solutions match customer security standards. Backup crucial data and configurations on a regular basis to a safe remote location.

Risk 91
article thumbnail

Dodging the Cyber Bullet: Early Signs of a Ransomware Attack

IT Security Guru

Ransomware attacks are a growing menace. By recognising early warning indicators and addressing security gaps proactively, entities can prevent themselves from falling victim to ransomware. Cybercriminals often encrypt live data and demand ransom for access, corrupting backups and turning off security software.