Remove Cyber Insurance Remove Cybercrime Remove Encryption Remove Phishing
article thumbnail

Building a Cyber Resilient Business: The Protection Layer

Webroot

Cybercrime is on the rise. The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. billion to data breaches and cybercrime. billion to data breaches and cybercrime. And those attacks are costing companies a lot of money.

article thumbnail

SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Acohido to share his ideas about the current cyber threat landscape, the biggest threats for businesses today, the role of AI and machine learning in cyberattacks and cyberdefence, and the most effective methods for companies to protect themselves. He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ransomware Is the No. 1 Cyber Threat This Year. Here’s What You Can Do

Adam Levin

And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. In fact, the criminal may leave the data encrypted after stealing it and put it up for sale on the dark web or simply use it in the commission of a crime. What Is Ransomware? It doesn’t always go down that way.

article thumbnail

These are the 15 Top Cyber Threats Now

SecureWorld News

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. During the reporting period, Emotet evolved into a botnet, increased its activity, and initiated new localized spam campaigns with spear-phishing functionality to install ransomware or steal information.". Data Breach.

article thumbnail

Ransomware in 2020

Cytelligence

Cybercriminals or threat actors release a kind of malware which enters a computer system or network through fraudulent means and locks down files from access by encrypting them until a demanded ransom is paid to hackers in return for a decryption key. Ransomware is a devastating attack on an organization’s or individual’s digital assets.

article thumbnail

5 Reasons Ransomware Is Now a 'Perfect Storm'

SecureWorld News

This is the first factor mentioned in the report and addresses how cybercrime groups might be more organized than you would think. The data that has been stolen or encrypted is essential to operations and without it, even for a short time, the organization could fail. We will take a look at each of these contributing factors.

article thumbnail

Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!