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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

However, even after the Colonial Pipeline attack, less than half of businesses (48%) have a formal ransomware plan according to the 2022 Thales Data Threat Report. In addition, the report found that one in five businesses have paid or would pay a ransom to get their data. Governments step up to protect all businesses.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

Security breaches in this sector can be incredibly disruptive to society and are attracting considerable attention from governments and regulatory bodies around the world. The increasing reliance on cloud platforms provides a vulnerable attack surface for threat actors and hostile nation-states. Data Security.

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Another one bites the dust: Avaddon ransomware group shuts down operation

Malwarebytes

In what could be a called “shocking news” on Friday, BleepingComputer revealed that the gang behind the Avaddon ransomware shut down its operations after releasing more than 2,000 decryption keys to the technology news site. These are the three files in the ZIP file. which came directly from the Avaddon ransomware group.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

An additional 77% concur that governments should do more to assist private enterprises in defending against ransomware. Many victims wind up paying a fraction of that amount, as they may be able to negotiate these charges down or rely on cyber insurance coverage to cover a portion of these costs.