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2023 Predictions for Storage and Backup Ransomware

CyberSecurity Insiders

Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Continuity exposed the extent of the problem two years ago : on average, enterprise storage devices have 16 security misconfigurations, of which three are critical. Insurance Refusals and Rate Hikes.

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How One Company Survived a Ransomware Attack Without Paying the Ransom

eSecurity Planet

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

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The 2022 ThreatLabz State of Ransomware Report

Security Boulevard

Ransomware attacks increased by yet another 80% between February 2021 and March 2022, based on an analysis of ransomware payloads seen across the Zscaler cloud. Supply chain attacks, ransomware-as-a-service ecosystems, and multi-extortion tactics have all increased the volume and success rates of attacks. PYSA/Mespinoza.

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Local government cybersecurity: 5 best practices

Malwarebytes

Build a playbook for ransomware response and recovery. Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Build a playbook for ransomware response and recovery. Partner up!

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One of ransomware’s top negotiators would rather you not have to hire him

SC Magazine

JBS facilities around the globe were impacted by a ransomware attack, forcing many of their facilities to shut down. Kurtis Minder, CEO of threat intelligence firm GroupSense, received a lot of press as a top negotiator in ransomware cases. Ransomware negotiations are sometimes portrayed as a money-making racket.

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Law Firm to the Stars Hit by Ransomware Attack

SecureWorld News

But the group posted on its website this week that negotiations with ransomware middle-man Coveware were a failure and time has run out on that initial ransom demand: "Next.the hottest news, which we associate with GRUBMAN SHIRE MEISELAS & SACKS. We'll have more on the Travelex ransomware attack in a minute.