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Ransomware has emerged as a serious threat to businesses and individuals in recent years. It's unlikely that attacks will be slowing down any time soon, costs to victims spiralling up into hundreds of millions of dollars.
Ransom payments are typically fairly low, so many victims choose to pay and there's little interest in malware from law enforcement. However, paying a ransom should be avoided and it represents an opportunity to educate current clients on cyber security best practices while generating new business opportunities for MSPs.
This report will explore the ransomware in existence today and how it is spread. Plus, there's practical advice from MSPs and IT security professionals about how best to communicate the risk of ransomware to your clients.
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Volkswagen confirms security ‘incident’ amid ransomware breach claimsNews Volkswagen has confirmed a security "incident" has occurred, but insists no IT systems have been compromised.
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The number of ransomware groups rockets as new, smaller players emergeNews The good news is that the number of victims remains steady
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Teens arrested over nursery chain Kido hacknews The ransom attack caused widespread shock when the hackers published children's personal data
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NCA confirms arrest after airport cyber disruptionNews Disruption is easing across Europe following the ransomware incident
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Cyber professionals are losing sleep over late night attacksNews Hackers are biding their time and launching attacks when businesses can’t respond
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Prolific ransomware operator added to Europe’s Most Wanted list as US dangles $10 million rewardNews The US Department of Justice is offering a reward of up to $10 million for information leading to the arrest of Volodymyr Viktorovych Tymoshchuk, an alleged ransomware criminal.
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Jaguar Land Rover “did the right thing” shutting down systems to thwart cyber attackNews The attack on Jaguar Land Rover highlights the growing attractiveness of the automotive sector
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Ransomware attack on IT supplier disrupts hundreds of Swedish municipalitiesNews The attack on IT systems supplier Miljödata has impacted public sector services across the country
