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Day: ransom

Ransomware: Most German companies pay
18 October 2024
| No comments
| Stories
Ransomware: Most German companies pay Image by Frank Reppold on Pixabay

Ransomware is successful. According to a study, 86 percent of German companies paid ransom after a ransomware attack last year. And this despite the fact that 91 percent have a policy that prohibits ransom payments. Cohesity, a leading company for AI-supported data security and management, has published a study on the effects of cyber attacks and the costs of ransomware. A large number of German companies have been victims of such an attack in the last six months and a surprising number pay ransoms to cyber criminals. For the current Cyber ​​Resilience Report 2024, Cohesity surveyed more than 3.100 IT decision-makers in eight…

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Ransomware study: Four-year high in healthcare
9 October 2024
| Ein Kommentar
| Sophos, Stories
Ransomware study: Four-year high in healthcare Image: Bing - AI

In its report "The State of Ransomware in Healthcare 2024", Sophos publishes its latest findings on the increasing number of attacks on healthcare. The ransomware study shows a four-year high in terms of attacks in healthcare. The study shows that internationally, the number of ransomware attacks on healthcare organizations has reached a four-year high since 2021. Of the organizations surveyed, 67 percent were affected by ransomware attacks last year. In 2023, this figure was 60 percent. The increasing rate of ransomware attacks on healthcare facilities contrasts with the declining rate of...

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Three quarters of ransomware victims pay ransom
September 15, 2024
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| PR News
Three quarters of ransomware victims pay ransom

An international survey of 900 IT and security managers shows that 83 percent of companies were the target of ransomware attacks last year, revealing alarming trends in terms of the frequency, severity and consequences of attacks. A provider in the field of identity-based cyber resilience has conducted an international study to get to the bottom of the prevalence, frequency and costs of ransomware attacks caused by ransom payments and collateral damage. For the study, 900 IT and security experts in companies from various industries in Germany, France, Great Britain and the USA were surveyed. The study was conducted by Semperis in the…

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Ransomware: Larger companies are more at risk
September 4, 2024
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| Stories
Ransomware: Larger companies are more at risk

Companies in the US experienced the most ransomware incidents, according to a study examining Ransomware Trends. Organizations with more than 5000 employees are more likely to pay ransoms. Security leaders report that they are increasingly being targeted by ransomware actors, averaging nearly eight incidents per year and making an average of just under $2,5 million in ransom payments. And while ransomware activity is increasing overall, some companies are more likely to be targeted depending on different demographics, such as the markets they operate in or the size of their organizations, according to the global ransomware trends report,…

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AT&T pays to delete stolen data
July 23, 2024
| No comments
| Short news
B2B Cyber ​​Security ShortNews

Telecommunications giant AT&T recently reported a major data loss to the SEC. A hacker is said to have stolen the metadata of call logs, including phone numbers, from almost 110 million AT&T customers. According to experts, AT&T paid the hacker over $370.000 to delete the data. According to AT&T's own report, the metadata of telephone recordings and phone numbers were stolen by a hacker in April. Almost 110 million customers are said to be affected, as the hack probably lasted a full 6 months. The ransom is said to have amounted to 5,7 Bitcoin,...

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Ransomware: Encrypted backups – doubled ransom 
July 18, 2024
| Ein Kommentar
| PR News, Sophos
Ransomware: Encrypted backups - doubled ransom Image: AI - Bing

When backups become a problem in a ransomware attack: Cyber ​​criminals also target backups for encryption. Why? Because this creates even more extortion pressure and doubles the ransom amounts. The financial and operational impact of a ransomware attack is bad enough. However, if cyber criminals also manage to damage or encrypt the backups, there is a high probability that a company will have to pay around twice as much ransom. According to a study by Sophos of 2.974 IT/cybersecurity decision-makers in 14 countries, the total cost of recovery is eight times higher than with...

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CISO survey: Most companies pay for ransomware
July 16, 2024
| Ein Kommentar
| PR News
CISO survey: Most companies pay for ransomware

In the Voice of the CISO report, over half of the CISOs surveyed from German companies stated that they had been faced with a loss of sensitive data in the last year. 77 percent of these losses were due to former employees. "The correct handling of ransomware attacks remains a hot topic in IT security," comments Miro Mitrovic, Area Vice President Sales DACH at Proofpoint. "According to our State of the Phish report, 85 percent of German companies were successfully infected with ransomware last year (an increase of 35% compared to the previous year)...

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Ransomware: Ransom payments with 500 percent plus
17 Maj 2024
| No comments
| Sophos, Stories
Ransomware: Ransom payments with 500 percent plus MS - AI

This year, ransomware payments have increased by 500 percent compared to the previous year in 2023. While the international values ​​are already high at over 1,8 million euros on average, in Germany they are even drastically higher: over 5 million euros on average. Sophos publishes the global study “State of Ransomware 2024”, according to which the average ransom payment increased by 500 percent last year. In international comparison, organizations that paid ransoms reported an average payment of 1.860.260 euros (US$2 million), up from 372.520 euros (US$400.000) in 2023….

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Why cybercriminals specifically target backups
12 April 2024
| 2 comments
| Data Security & Backup, Sophos, Stories
Why cybercriminals specifically target backups AI - MS

There are two main ways to recover encrypted data after a ransomware attack: restoring from backups and paying the ransom. The attackers also know this and try to deprive companies of a solution by attacking backups. Two problems, same cause: Complete recovery of data after a ransom payment is highly uncertain, because in case of doubt you cannot rely on a promise from cybercriminals. And restoring the data from the backups doesn't work in many cases because the cybercriminals have often encrypted them in order to...

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Ransomware: Cybercrime groups increase ransom demands
7 April 2024
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| Stories

As a new report shows, cybercriminals continue to rely on business email compromise in addition to ransomware and use long-known, unpatched vulnerabilities for attacks. The report shows that ransom demands are becoming increasingly outrageous. The Arctic Wolf Labs Threat Report was created based on threat, malware, digital forensics and incident response case data that Arctic Wolf collects across the security operations framework. It provides deep insights into the global cybercrime ecosystem, highlights global threat trends, and provides strategic cybersecurity recommendations for the coming year. Ransomware claims increase by 20% Cybercrime has increased in recent…

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