Ransomware attacks

Top 7 Ransomware Attacks of year 2021

1.) REVIL ransomware spreading gang targeted Kaseya software company through a vulnerability and disrupted their business operations in July 2021. The notorious gang of threat actors reportedly demanded a $70 million ransom. However, the company did not bow down to the demands of hackers and recovered their data by other means. 2.) Accenture was hit […]

Ransomware attacks on schools fetched $6 Billion loss

According to a report compiled by Comparitech, Ransomware Attacks on schools and colleges operating in United States could have fetched a $6 billion loss to the institutes on a combined note in 2020 alone. The only good news is that the research team found that the average downtime was witnessed to have decreased from 14 […]

Year 2021 witnesses over 304.7 million Ransomware attacks so far

SonicWall Cyber Threat report has confirmed that the year 2021 witnessed a record number of ransomware attacks in just 6 months, taking the number to 304.3 million; double than what was observed in the first six months of 2020. The network protecting firm stated that the cyber criminals sped up the attacks on corporate networks […]

United States to use Amazon, Google and Microsoft to bolster security against Ransomware Attacks

As more and more companies are becoming soft targets for ransomware spreading gangs, United States is all set to knock the doors of big technology companies like Amazon, Google, and Microsoft to offer protecting collaboratively. Named as Joint Cyber Defense Collaboration, the initiative will allow the Department of Homeland Security to officially seek help from […]

Costliest Ransomware Attacks of 2020

According to a research conducted by Cybersecurity firm Emsisoft, businesses around the world which became victims of ransomware attacks reportedly spent at least $144.2 million on mitigating the repercussions of the attack and this includes network rebuilding costs, investigation expenses and backed up data restoration.   And some of the costliest ransomware attacks which took […]

Ransomware attacks could have cost the United States $7.5 Billion

Hackers holding hostage of data for a ransom leads to a ransomware attack and this is what turned into a profitable business for hackers in 2019. According to a survey, conducted by Cybersecurity firm Emisoft, the cost of ransomware attacks in 2019 could have cost $7.5 billion.   And the victims were tallied to be […]

Here’s a list of Worst Ransomware Attacks of 2019

Demant Ransomware attack– The mitigation and data recovery costs are estimated to be between $80 million to $95 million- thus making the malware attack on hearing aid manufacture Demant ‘Number One’ in the list of Worst Ransomware Attacks of 2019. Remember, this company had a cyber insurance cover of $14.6 million which would have otherwise […]

Ransomware attack on SIX healthcare providers

In the past week, over 5 US-based healthcare services providers have reported ransomware attacks on their digital assets and the details of the incidents are as follows- 1) First, it was Ohio based N.E.O Urology services provider which reported about a ransomware attack on its digital assets. Now the news is out that the IT […]

Ransomware attacks which will grab your attention in 2019

Ransomware attack has stood as a top malware threat in 2018 and is predicted to dominate as same in 2019. According to a study made by security researchers over 1,100 different ransomware infections are found to be preying on innocent web users in the current cyber landscape. So, Cybersecurity Insiders brings to you a list of […]

Enterprises should be aware of these Cyber Threats in 2018

All you people out there who are leading the companies, please be aware of these top cyber threats as there is a high probability that your enterprise can confront them in 2018. Obviously, ransomware attacks will get worse and Ransomware will lead the pack. However, as per a new report by Kaspersky Labs, cyber crooks […]

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