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2021 set to be costliest year on record for ransomware attacks
Ransomware threat intelligence firm SonicWall has found 2021 will be the most expensive and dangerous year on record for ransomware attacks, with 495 million logged already.
Biden Administration calls on US private sector to help in cyber...
The US Deputy Attorney General has called on companies in the private sector to help the government tackle the rising wave of cybercrime.
Are business owners underestimating the risk of a ransomware attack?
A recent reported by InsurTech firm Embroker has found up to 63% of small and medium sized firm owners believe they are not at risk from a ransomware attack.
Ransomware demands shoot up by over 500% in first half of...
A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.
New US bill requires ransomware victims to report payments within two...
A bill drafted by the US Senate and House of Representatives would require victims of ransomware attacks in the US to report any payments to hackers within 48 hours.
US set to sanction crypto wallets and exchanges in ransomware crackdown
The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.
South Africa’s Justice Department suffers significant ransomware hack
The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.
What makes the perfect ransomware victim?
A recent report by cybersecurity company Kela has revealed findings on what the ideal victim looks like to the ransomware gangs of today.
FBI warns food and agriculture sector about ransomware attack increase impact
The FBI has issued a notification warning firms in the food and agricultural sector about the climbing number of ransomware attacks and how they impact the food supply chain.
Sextortion attacks costing victims over $8bn a year, FBI claims
The FBI has claimed sextortion complaints have seen a ‘massive increase’ since the start of 2021, with the total financial losses accounting for over $8m.
