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Discover 2022’s Nastiest Malware

Webroot

But this year also saw the onset of the triple extortion method – with this type of attack, hackers threaten to steal your data, leak it and then also execute DDoS attack if you don’t pay up. As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups. As part of double extortion attacks, tactics often include the threat of DDoS attacks. What is Double Extortion Ransomware?

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The 2022 ThreatLabz State of Ransomware Report

Security Boulevard

Multiple-extortion attacks that utilize data theft, distributed denial of service (DDoS) attacks, customer communications, and more as layered extortion tactics to increase ransom payouts. Supply chain attacks, ransomware-as-a-service ecosystems, and multi-extortion tactics have all increased the volume and success rates of attacks.

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What is Ransomware? Everything You Should Know

eSecurity Planet

More recently, some threat groups have begun to add data destruction to their arsenal to raise the stakes even further, and DDoS attacks have also been threatened as a means of getting organizations to pay ransoms. Black Basta uses a double-extortion RaaS model with the added threat of DDoS attacks. What is Ransomware as a Service?

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Too Much Holiday Cheer? Here’s Something to Fear: Cybersecurity Predictions for 2020

Adam Levin

We will also see better backup practices that will help minimize or neutralize the threat of these attacks. . You’re going to have personal cyber insurance. Insurance companies will be writing more comprehensive cyber liability policies for businesses and offering innovative personal cyber coverage for consumers.