Tag: ransomware attacks

Key steps for PE firms to mitigate cyber risks in portfolio...

With the digital threat landscape ever-evolving, portfolio companies find themselves at the receiving end of 43% of annual cyberattacks.

Cybersecurity pioneer Invary attracts $1.85m in pre-seed funding

Invary, a cybersecurity trailblazer centred on identifying concealed malware and stopping expensive ransomware attacks, has successfully amassed pre-seed funding to propel its ground-breaking solution.

US firms required to report hack or ransomware payment in new...

New rules approved by the US Congress will mean companies that are vital to US national interests will be required to report when they are hacked or pay ransomware.

How cyberattacks in 2021 broke new records

Research by Check Point Software has identified that weekly cyber-attacks reached an all-time new high in 2021 with 50% more attacks recorded than the previous year.

Ransomware the most significant cyber threat facing the UK, report finds

The UK’s National Cyber Security Centre (NCSC) claims it has fought off a record number of digital intrusions this year driven by a surge in ransomware.

US offers $10m bounty to find the hackers responsible for Colonial...

The US government has put a $10m bounty on the cybercriminals who hacked the system of the Colonial Pipeline back in May of this year.

Are workforces globally taking cybersecurity for granted?

While cybersecurity may be occupying a growing space in the attention of workforces worldwide, a recent report by Deloitte has found many workers may be taking their own cyber hygiene for granted.

2021 set to be costliest year on record for ransomware attacks

Ransomware threat intelligence firm SonicWall has found 2021 will be the most expensive and dangerous year on record for ransomware attacks, with 495 million logged already.

Ransomware demands shoot up by over 500% in first half of...

A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.

New US bill requires ransomware victims to report payments within two...

A bill drafted by the US Senate and House of Representatives would require victims of ransomware attacks in the US to report any payments to hackers within 48 hours.

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