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. Offline Backups. While virtual backups are great, if you’re not storing data backups offline, you’re at risk of losing that data. Also Read: Best Encryption Tools & Software for 2021.

Ransomware 97

Ransomware Backups Software Encryption 97

NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Some can’t afford not to pay, and some are covered by cyber insurance. Protect your backup systems.

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Ransomware Cyber Insurance Backups Insurance 52

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Ransomware today can actually look for backup files along with user data.

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Ransomware Backups Data breaches Encryption 52