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Report: Average Initial Ransomware Demand in 2023 Reached $600K

An Arctic Wolf report found the median initial ransom demand made by cybercriminals rose 20% year-over-year to $600,000 ...
Security Boulevard

Content Creation, Mental Health in Cyber, The MGM Ransomware Attack

In this episode Matt Johansen, Security Architect at Reddit and Vulnerable U newsletter and YouTube content creator, joins host Tom Eston to discuss Matt’s background as one of the original “Security Twits”, ...
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A New Ransomware Scam: Fraud by the Incident Responders

In February 2018, Oxford Biomedica, a large biological research company in Oxford, UK, was hit by a ransomware attack. The hackers were demanding more than £300,000 in ransom. Oxford invoked its incident ...
Security Boulevard
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Failure to Pay Ransom: Negligence?

Lehigh Valley Health Network is a health care network based in Allentown, Pennsylvania that serves the eastern and northeastern part of the state. On February 6, 2023, LVHN was hit with a ...
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ransomware

How Poker Skills Help Guide Ransomware Payment Decisions

A ransomware attack does more than just hold your data hostage. It can create situations that end up crippling your organization’s ability to move forward or make good, effective decisions quickly. Even ...
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Junk-gun ransomware Sophos

How to be Ransomware Ready in Four Steps

2021 was a breakout year for ransomware, growing 105% and exceeding 623.3 million attacks, according to SonicWall’s 2022 Cyber Threat Report. Additional research from Sophos showed that ransom payments increased to an ...
Security Boulevard

Are Protection Payments the Future of Ransomware? How Businesses Can Protect Themselves

Ransomware has matured significantly over the previous decade or so. Initially thought to be a relatively basic virus that could be contained on a floppy disk, it can now damage global business ...
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The Million-Dollar Question: To Pay or Not to Pay Ransom?

Ransomware is one of the most serious threats to businesses today. In fact, a recent survey found that 85% of enterprises are more concerned about the prospect of ransomware attacks than any ...
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Companies are more prepared to pay ransoms than ever before

Companies are more prepared to pay ransoms than ever before

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 ...
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Victims Feel Paying Ransom is Their Only Option

By now it is no surprise that ransomware is the favored method of cyberattackers, but it’s still startling that 64% of organizations have been the victim to such an attack—of those, 84% ...
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