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Companies are more prepared to pay ransoms than ever before

The State of Security

A new report, which surveyed 1200 IT security professionals in 17 countries around the world, has shone a light on a dramatic rise in the number of organisations willing to pay ransoms to extortionists. The post Companies are more prepared to pay ransoms than ever before appeared first on The State of Security.

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GUEST ESSAY: Why organizations need to prepare for cyber attacks fueled by quantum computers

The Last Watchdog

In today’s times, we are more aware of cyberattacks as these have become front-page news. Cyberattacks were used as the first salvo before any bullet or missile was fired. When these computers come online, any company or federal agency that is not upgraded to post-quantum cybersecurity will leave its data vulnerable to attackers.

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What is Ransomware? Everything You Should Know

eSecurity Planet

You can often only retrieve your data by paying ransom to the attacker. Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. For readers coming to this article in a ransomware emergency, see How to Recover From a Ransomware Attack.

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Take The Stress Out of Securing Your Workforce

Jane Frankland

His third law, is widely known and states that, “for every action there is an equal and opposing reaction.” No company can escape either. But what more can be done to maximise advancements and minimise cyber threats? Sir Isaac Newton first presented his three laws of motion in 1686. We see this in business.

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Ransomware reinfections on the rise from improper remediation

Malwarebytes

But ransomware attacks have been ramping up in 2023 and reinfections are occurring all over the globe, forcing lean IT teams to prepare. Why are businesses getting hit with ransomware more than once? Why are businesses getting hit with ransomware more than once?

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ROUNDTABLE: Kaseya hack exacerbates worrisome supply-chain, ransomware exposures

The Last Watchdog

REvil essentially took full control of the Kaseya VSA servers at the MSP level, then used them for the singular purpose of extorting victimized companies — mostly SMBs — for payments of $45,000, payable in Minera. Related: The targeting of supply chains. Neither will come easily or cheaply.

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Ransomware world in 2021: who, how and why

SecureList

As the world marks the second Anti-Ransomware Day, there’s no way to deny it: ransomware has become the buzzword in the security community. Yet, much of the media attention ransomware gets is focused on chronicling which companies fall prey to it. And not without good reason. Part I: Three preconceived ideas about ransomware.