Ransomware in 2024: New players, bigger payouts, and smarter tactics

In 2024, ransomware remained the top cybersecurity threat to organizations worldwide. New groups filled the void left by law enforcement crackdowns, targeting businesses with record-breaking ransom demands and sophisticated tactics. In this article, yo… Continue reading Ransomware in 2024: New players, bigger payouts, and smarter tactics

VPN vulnerabilities, weak credentials fuel ransomware attacks

Attackers leveraging virtual private network (VPN) vulnerabilities and weak passwords for initial access contributed to nearly 30% of ransomware attacks, according to Corvus Insurance. According to the Q3 report, many of these incidents were traced to … Continue reading VPN vulnerabilities, weak credentials fuel ransomware attacks

Ransomware activity shows no signs of slowing down

Ransomware attacks have seen a significant resurgence, disrupting multiple sectors and affecting global supply chains. Despite efforts to disrupt major ransomware groups, incidents continue to rise, signaling an ongoing and growing threat into 2024. In… Continue reading Ransomware activity shows no signs of slowing down

Ransomware crisis deepens as attacks and payouts rise

During the second quarter, new ransomware groups, including PLAY, Medusa, RansomHub, INC Ransom, BlackSuit, and some additional lesser-known factions, led a series of attacks that eclipsed the first quarter of this year by 16% and the second quarter of… Continue reading Ransomware crisis deepens as attacks and payouts rise

Find out which cyber threats you should be concerned about

This article includes excerpts from various reports that offer statistics and insights into the current cyber threat landscape. Human error still perceived as the Achilles’ heel of cybersecurity Proofpoint | 2024 Voice of the CISO | May 2024 … Continue reading Find out which cyber threats you should be concerned about

2024 sees continued increase in ransomware activity

In this Help Net Security video, Ryan Bell, Threat Intelligence Manager at Corvus Insurance, discusses how ransomware will continue to grow in 2024. In January, Corvus reported that global ransomware attacks in 2023 set a record high, surpassing 2022 b… Continue reading 2024 sees continued increase in ransomware activity

Ransomware statistics that reveal alarming rate of cyber extortion

In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape. Global ransomware crisis worsens NTT Security Holdings | 2024 Global Threat Intelligence Report | May 2024… Continue reading Ransomware statistics that reveal alarming rate of cyber extortion

Ransomware activity is back on track despite law enforcement efforts

Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global ran… Continue reading Ransomware activity is back on track despite law enforcement efforts

Ransomware activity is back on track despite law enforcement efforts

Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global ran… Continue reading Ransomware activity is back on track despite law enforcement efforts

Ransomware trends and recovery strategies companies should know

Ransomware attacks can have severe consequences, causing financial losses, reputational damage, and operational disruptions. The methods used to deliver ransomware vary, including phishing emails, malicious websites, and exploiting vulnerabilities in s… Continue reading Ransomware trends and recovery strategies companies should know