Ransomware attacks
Top 10 Ransomware Attacks in 2023
As we approach August, it’s time to take stock of the ransomware attacks that have plagued numerous organizations, leaving CTOs and CIOs grappling with the aftermath. The year 2023 has witnessed several high-profile incidents, exposing sensitive data and causing disruptions across various industries. 1.) Harvard Pilgrim Health Care (HPHC) faced a significant breach in April. […]
US, Canada and UK witness highest number of ransomware attacks on a global note
A Ransomware report compiled by NordLocker- a company that offers a highly secure private cloud has revealed that United States, Canada and United Kingdom are the countries that witnessed highest rate of ransomware attacks. And the most interesting fact is that small business operating in the said regions were at greater risk than the larger […]
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 […]
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. Â And the victims were tallied to be […]
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 […]
Ransomware attacks surge Cyber Insurance claims in Europe
Ransomware attacks have surged cyber insurance claims in Europe says a report compiled by AIG, one of the largest cyber insurers on the globe. The data shows that the financial institution has received as many cyber claims last year as in the previous four years from companies operating in Europe, Middle East, and Africa. AIG […]