Cyber Resilience Overestimation Leads to Business Continuity Issues, Ransom Payments August 22, 2024 New research commissioned by Cohesity, an AI-powered data security firm, reveals organizations overestimate their cyber resilience capabilities and maturity, leading...
Treasury Report Offers Insight Into Surge in Ransomware Activity in 2021 October 19, 2021 By William Turton There was $590 million in suspicious activity related to ransomware in the first six months of 2021, exceeding the entire...
States Weigh Bans on Ransomware Payoffs July 27, 2021 By Jenni Bergal, Stateline As ransomware attacks continue to wreak havoc on police departments, school districts and city and county governments, some state legislators...
FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms June 11, 2021 By Chris Strohm and Alyza Sebenius Companies and organizations that are victims of ransomware attacks shouldn’t pay hackers to unlock their data and should quickly contact...
Meat Producer JBS Paid $11M in Ransom to Cyber Attackers June 10, 2021 By Andrew G. Simpson Meat producer JBS USA paid the equivalent of $11 million in ransom in response to the May 30 criminal hack...
Hackers Only Needed a Single Password to Disrupt Colonial Pipeline, CEO Testifies June 9, 2021 By Stephanie Kelly and Jessica Resnick-Ault The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the...
Cyber Ransom Payments Set a Bad Precedent But Happen Often May 14, 2021 By Kartikay Mehrotra and Michael Riley The U.S. government’s fight to choke off ransom payments collected by hackers hit a major snag Thursday, following news that...
Islamic State’s Business Model Must Be Disrupted: Bloomberg Editorial November 18, 2015 What it means for a European nation and member of NATO to declare war against a stateless band of terrorists...
UK Anti-Terrorism Proposal Would Clarify Insurance Law on Ransom Payments November 24, 2014 By Scott Hamilton and Svenja O'Donnell The U.K. government will introduce anti-terrorism legislation this week requiring internet companies to provide user data to authorities. The bill,...