The evolution of ransomware: Lessons for the future

Ransomware has been part of the cyber crime ecosystem since the late 1980s and remains a major threat in the cyber landscape today. Evolving ransomware attacks are becoming increasingly more sophisticated as threat actors leverage vulnerabilities, social engineering and insider threats. While the future of ransomware is full of unknown threats, we can look to […]

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Paying Ransomware’s Ransom: Why it’s Time to Reconsider

Each year, we continue our everlasting hope that ransomware attacks will disappear. The unfortunate reality is that ransomware is as prominent as ever. Experts predict that ransomware attacks will only become more frequent and sophisticated, posing an even greater threat across all industries. When ransomware strikes, the biggest question a company has to answer is […]

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Ransomware Renaissance 2023: The Definitive Guide to Stay Safer

Ransomware is experiencing a renaissance in 2023, with some cybersecurity firms reporting over 400 attacks in the month of March alone. And it shouldn’t be a surprise: the 2023 X-Force Threat Intelligence Index found backdoor deployments — malware providing remote access — as the top attacker action in 2022, and aptly predicted 2022’s backdoor failures […]

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The 13 Costliest Cyberattacks of 2022: Looking Back

2022 has shaped up to be a pricey year for victims of cyberattacks. Cyberattacks continue to target critical infrastructures such as health systems, small government agencies and educational institutions. Ransomware remains a popular attack method for large and small targets alike. While organizations may choose not to disclose the costs associated with a cyberattack, the […]

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The Most Prolific Ransomware Gangs of 2022

As we look forward to 2023, we can find many ransomware lessons in looking back at 2022. The year brought us numerous attacks by many of the same gangs we’ve watched for years, as well as some newcomers. Many ransomware gangs operate like businesses, with their own marketing departments and user documentation. With the advent […]

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How the US Government is Fighting Back Against Ransomware

As ransomware-related payments surged toward $600 million in the first half of 2021, the U.S. government knew it needed to do more to fight back against cyber criminals. For many years, the Treasury’s Office of Foreign Assets Control (OFAC) had a Specially Designated Nationals and Blocked Persons List (SDN List for people or organizations acting […]

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Why Do Ransomware Gangs Keep Coming Back From the Dead?

Ransomware gangs are major players in the cybersecurity space, especially in recent years. ZDNet reported that ransomware gangs increased their payments by over 311% from 2019 to 2020, with totals for all groups exceeding $350 million in 2020. Ransoms continued rising in 2021. Unit 42, a threat research team at Palo Alto Networks, found that […]

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Countdown to Ransomware: Analysis of Ransomware Attack Timelines

This research was made possible through the data collection efforts of Maleesha Perera, Joffrin Alexander, and Alana Quinones Garcia. Key Highlights The average duration of an enterprise ransomware attack reduced 94.34% between 2019 and 2021:  2019: 2+ months — The TrickBot (initial access) to Ryuk (deployment) attack path resulted in a 90% increase in ransomware […]

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Why Local Governments Remain at Risk of Cyber Crime

While big-name incidents fill the headlines, local governments and agencies face cyber crime at an alarming rate. In a very direct way, this impacts everyone’s life. The pandemic has forced state and local groups to deploy defenses at a distance over their networks and apps. But local security is often not encrypted and insecure, with […]

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