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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. Cyber insurance coverage ramps up.

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Webroot managed detection and response (MDR) purpose-built for MSPs

Webroot

The cyber threat landscape keeps evolving at lightning-speed. According to the latest 2022 BrightCloud® Threat Report , small to medium-sized businesses (SMBs) are particularly vulnerable to becoming a victim of a ransomware attack. Ransomware, malware and phishing threats keep evolving.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

With that in mind, Thales has launched the 2022 Thales Data Threat Report Critical Infrastructure Edition, which includes responses from 300 security leaders and practitioners within critical infrastructure organizations. The Threat of Ransomware. From the ransomware attack that compromised a major U.S. 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

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. The average ransom demands have soared between $50 million and $70 million.