Tag: Ransomware

Cyber risk is showing no signs of stopping and the reliance on cloud-based systems makes potential ripple effects vast. It is crucial for the global insurance industry to efficiently measure cyber risk.

Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.

As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?

A Biden administration directive will require US pipeline operators to conduct a cybersecurity assessment on their pipelines following the recent Colonial Pipeline hack.

Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.

The DarkSide ransomware variant that was responsible for bringing operations at a US pipeline to a standstill last week has allegedly shut down.

The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.

HeraSoft, which safeguards companies from ransomware, has closed its Series A round on $5m, which was led by United Capital Management.

There has been a 260% jump in cyberattacks using encrypted channels to bypass legacy security controls in the first three quarters of the year, according to new research from Zscaler.

Maze, one of the most infamous data-stealing groups, has said that they are closing up shop, but the cybersecurity community is hardly convinced.