ransom payments

Law enforcement actions, better defenses, and a refusal by victims to pay helped to reduce the amount of ransoms paid in 2024 by $35%, a sharp decline from the record $1.25 billion ...

A survey of IT professionals by Hornetsecurity found that while the number of ransomware victims are paying the ransoms, more of the data is being lost. In addition, while ransomware protection is ...

In the ever-evolving world of ransomware, it’s getting easier for threat groups to launch attacks – as evidence by the growing number of incidents – but more difficult to make a profit ...

In recent times, cybersecurity threats and dual ransomware incidents have evolved, affecting organizations worldwide. The Federal Bureau of Investigation (FBI) has issued a warning about a troubling trend pertaining to dual ransomware ...

On September 21, 2021, the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) once again threatened sanctions against companies for paying ransom in the event that their data or systems were ...

In earlier, more innocent (?) times, cyberattacks seemed to be fairly straightforward. You have the data exfiltration attacks, where copies of sensitive personal information and intellectual property are stolen, often without the ...

Organizations, particularly those that recognize that they don’t have essential security and data recovery measures in place, have taken out cyber insurance, which they are regularly using to pay off ransomware attackers ...