Ransomware has become one of the primary threats to organizations of all types. It has become so widespread and costly that many insurance companies are even reconsidering payouts and excluding some forms of ransomware attacks from their coverage – making the need to prevent attacks in the first place all the more pressing.
To dig deeper into the ransomware threat and to assess its impact on cyber security teams and businesses, Mimecast spoke with 1,100 cyber security decision-makers across Australia, Canada, France, Germany, the Netherlands, the Nordics, Singapore, South Africa, the U.A.E., the U.K. and the U.S.
The State of Ransomware Readiness report 2022 explores the business implications and personal impacts of ransomware, as well as how organizations are defending against attacks today.
Download now to learn more.
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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
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A notorious hacker group is ramping up cloud-based ransomware attacksNews The Storm-0501 threat group is refining its tactics, according to Microsoft, shifting away from traditional endpoint-based attacks and toward cloud-based ransomware.
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Security researchers have just identified what could be the first ‘AI-powered’ ransomware strain – and it uses OpenAI’s gpt-oss-20b modelNews Using OpenAI's gpt-oss:20b model, ‘PromptLock’ generates malicious Lua scripts via the Ollama API.
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Data I/O shuts down systems in wake of ransomware attack
News Regulatory filings by Data I/O suggest the costs of dealing with the attack could be significant
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Average ransom payment doubles in a single quarterNews Targeted social engineering and data exfiltration have become the biggest tactics as three major ransomware groups dominate
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BlackSuit ransomware gang taken down in latest law enforcement sting – but members have already formed a new groupNews The notorious gang has seen its servers taken down and bitcoin seized, but may have morphed into a new group called Chaos
