Ransomware is a threat that has been with us for a long time, and thanks to some recent, high-profile cases – coupled with our increasingly dispersed, and therefore increasingly vulnerable, networks – the spotlight has swung back around to this key area in IT security.
In this report, brought to you in association with Wasabi, we will explore how these threats are evolving – and the new solutions that are emerging to keep our critical systems safe.
Download it now to find out what makes a company vulnerable, how to build a backup strategy, and 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
