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Awkward Adolescence: Increased Risks Among Immature Ransomware Operators

Security Boulevard

In recent years, cybercrime has become an increasingly familiar issue amongst cybersecurity professionals, with ransomware in particular commanding news […] The post Awkward Adolescence: Increased Risks Among Immature Ransomware Operators appeared first on Security Boulevard.

Risk 62
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GUEST ESSAY: Leveraging ‘zero trust’ and ‘remote access’ strategies to mitigate ransomware risks

The Last Watchdog

Ransomware? Well, the stats are even scarier with over 50% increase in ransomware attacks in 2021, compared to 2020. The media paid close attention to ransomware attacks last year, as they had a significant impact on Colonial Pipeline, the nation’s largest fuel distributor, and JBS, the nation’s largest meat distributor.

Risk 227
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Johnson Controls Faces Ransomware Attack, Risking DHS Security Data

Heimadal Security

Johnson Controls, a major provider of building automation solutions, has fallen victim to a ransomware attack by the Dark Angels ransomware gang, potentially compromising sensitive information related to the U.S. Department of Homeland Security (DHS). What Happened?

Risk 100
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UK Home Office is ignoring the risk of ‘catastrophic ransomware attacks,’ report warns

Security Affairs

A Joint Committee on the National Security Strategy (JCNSS) warns of the high risk of a catastrophic ransomware attack on the UK government. The British government is accused of failing to mitigate the risk of ransomware attacks. The UK has the dubious distinction of being one of the world’s most cyber-attacked nations.

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Qualys Unfurls Ransomware Risk Assessment Service

Security Boulevard

Qualys today launched a Ransomware Risk Assessment Service through which organizations can proactively identify, prioritize, track and ultimately remediate assets that are vulnerable to ransomware attacks. The post Qualys Unfurls Ransomware Risk Assessment Service appeared first on Security Boulevard.

Risk 115
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Insurance and Ransomware

Schneier on Security

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Growing losses from ransomware attacks have also emphasised that the current reality is not sustainable for insurers either.

Insurance 274
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Negotiating with Ransomware Gangs

Schneier on Security

Thus, the decision whether to pay or ignore a ransomware demand, seems less of a legal, and more of a practical, determination ­ almost like a cost-benefit analysis. The arguments for rendering a ransomware payment include: Payment is the least costly option; Payment is in the best interest of stakeholders (e.g.