Fewer Companies Are Paying Ransoms to Hackers, Researchers Say January 19, 2023 By Margi Murphy Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from...
Ransomware Attack Closes 300 Yum Brands Eateries in UK for a Day January 19, 2023 Yum! Brands, Inc. on Wednesday announced that a ransomware attack affected certain information technology systems. Almost 300 of its restaurants...
Ransomware Group With Links in Russia Behind Royal Mail Incident January 12, 2023 By Sachin Ravikumar A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware...
Ohio Supreme Court: Ransomware Did Not Cause Direct Physical Loss December 29, 2022 A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no...
Ransomware Did Not Cause Direct Physical Loss, State High Court Says December 29, 2022 By Jim Sams A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no...
Top White House Cybersecurity Official Plans to Step Down December 22, 2022 By William Turton The US’s first national cyber director, Chris Inglis, is planning to step down in the coming months, according to a...
Fraudulent Funds Transfer, Ransomware Are Main Drivers of Cyber Loss: Corvus December 7, 2022 According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations. FFT comprised...
U.S. Charges Suspect Linked to Notorious Ransomware Gang November 16, 2022 By Eric Tucker A man who authorities say participated in a ransomware campaign that extracted tens of millions of dollars from victims has...
Many Cyber Criminals Return After Ransomware Payments Are Made November 9, 2022 Over a third (36%) of companies who paid a ransom to cyber criminals went on to be targeted for a...
Information Expected to Emerge Slowly in Hospital Chain Cyberattack October 11, 2022 By Kathleen Foody and Kimberlee Kruesi Details of an apparent cyberattack on one of the largest health systems in the U.S. were slow to emerge as...