Articles Tagged with ''ransomware''

ransomware-enews

Average ransomware demand increases 100% from 2019 through Q1 2020

Data from 25,000 small-to-midsize organizations reveals ransomware as the top cyber insurance incident in the first half of the year, with the average ransomware demand increasing 100% from 2019 through Q1 2020
October 13, 2020

Coalition announced the results of its H1 2020 Cyber Insurance Claims Report. The report explores top cybersecurity trends and threats facing organizations today, in addition to data showing the impact of COVID-19 on cyber insurance claims. The report garners insights from the incidents reported across 25,000 small and midsize organizations.


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ransomware-enews

CISA and MS-ISAC release joint ransomware guide

October 5, 2020
The Cybersecurity and Infrastructure Security Agency (CISA) and Multi-State Information Sharing and Analysis Center (MS-ISAC) are releasing a joint Ransomware Guide meant to be a one-stop resource for stakeholders on how to be proactive and prevent these attacks from happening and also a detailed approach on how to respond to an attack and best resolve the cyber incident. CISA and MS-ISAC observed there are vast products and resources available, but very few that have them all in one place.
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financial

Six cybersecurity threats the financial services sector faces

October 5, 2020
Security teams in the financial services sector are experiencing even more exacting demands as they defend their organizations in a world under a new and unexpected threat — a global pandemic, says a new Accenture report, "2020 Future Cyber Threats: The latest extreme but plausible threat scenarios in financial services."
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ransomware - cyber

Department of Treasury releases advisory on potential sanctions risks for facilitating ransomware payments

October 5, 2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing an advisory to alert companies that engage with victims of ransomware attacks of the potential sanctions risks for facilitating ransomware payments. This advisory highlights OFAC’s designations of malicious cyber actors and those who facilitate ransomware transactions under its cyber-related sanctions program.
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ransomware

Guard against ransomware and business disruption with offline backups

Laura Loreda
Laura Loredo
Diane Salazar
Diana Salazar
Carlos Sandoval
Carlos Sandoval
September 30, 2020
Corporate enterprises and governments used to be the main targets of cyberattacks, but now any organization with an online presence is vulnerable. The surge in remote working due to the pandemic significantly increases risk as IT departments balance the demands of security, remote access and business continuity. Widespread use of new apps and solutions, credential sharing, unsecured Wi-Fi, weak passwords, lack of encryption and more provide cybercriminals with many opportunities to exploit gaps in security.  
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SFU suffered ransomware attack last spring

Simon Fraser University suffered ransomware attack last spring

September 24, 2020
A ransomware attack last spring at Simon Fraser University (SFU) reportedly compromised the personal information of about 250,000 students, faculty and alumni. Information included student and employee identification numbers, full names, birthdays, course enrolments and encrypted passwords.
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From the ER to the Executive Suite, Hospitals Tighten Up

First ransomware-related death reported in Germany

September 21, 2020

The Duesseldorf University Clinic in Germany was hit by a ransomware attack last week that forced staffers to direct emergency patients elsewhere. The cyberattack “crippled the entire IT network of the hospital." As a result, a woman seeking emergency treatment for a life-threatening condition died after she had to be taken to another city for treatment, according to several outlets. 


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Education & Training

Derailing ransomware 2.0 requires a little trickery

Crandall headshot
Carolyn Crandall
September 16, 2020

Ransomware attacks are on the rise – and they are getting more and more sophisticated and destructive. That is bad news for executives struggling to maintain a high level of cybersecurity even as their organizations continue to cope with the massive impact of a pandemic.


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ransomware

Fairfax County Public Schools hit by Maze ransomware

September 15, 2020
Over the weekend, Fairfax, Va. County Public Schools, the 10th largest school district in the country, was hit by Maze ransomware, resulting in an apparent leak of student and faculty data, just days after previous attacks on these two other school systems.
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