eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark. Offline Backups.

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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

Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption.

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Ransomware Backups Insurance Cyber 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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ForAllSecure

MAY 30, 2023

Obviously, organizations gotten smart to that and they started doing offline backups securing their backups differently, so that they would continue to have access and availability. of cryptocurrency. By no means. Does that mean that there was no ransomware occurring? VAMOSI: Should you pay?

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