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Should your company pay cybercriminals after a ransomware attack? It depends.
Cybersecurity experts share strategies for managing ransomware attacks and deciding whether to pay …
Erica Sweeney
The price of ransomware attacks is skyrocketing and government agencies are paying the most
Ransomware hackers are demanding ever more money for hijacked data. Government agencies and lower e…
Kenneth Niemeyer
Hackers are now targeting the children of corporate executives in elaborate ransomware attacks
Charles Carmakal, the CTO of Mandiant, a cyber security firm and Google subsidiary, said hackers ar…
Kenneth Niemeyer
Cyber gangs got away with a record $1.1 billion in crypto ransom payments in 2023
The rise of "ransomware as a service" means less tech skill is required to carry out an attack, Cha…
Yuheng Zhan
Ransomware hits IT services giant — they paid the ransom even after locking hackers out of the system
The hack has reportedly affected universities, non-profit organisations, and foundations. Blackb…
North America has become the world's biggest ransomware target as DeFi and crypto use expands, study shows
From July 2020 to June 2021, most of the crypto-based attacks were associated with Russia-based cyb…
Isabelle Lee
What to know about the growing threat of ransomware attacks and their impact on companies of all sizes
As ransomware attacks become more aggressive and common, companies must reevaluate their cybersecur…
Stephen Lawton
The world's biggest meat processor has paid an $11 million ransom after a cyberattack
JBS said it was hit by a cyberattack on May 31, and that it so far doesn't have evidence that any d…
Sinéad Baker
US authorities have recovered a 'majority' of the ransom Colonial Pipeline paid to reopen its critical fuel route
The Department of Justice says it tracked down millions of dollars' worth of cryptocurrency paid la…
Dominick Reuter
The Biden administration is ramping up efforts to trace crypto used in cyberattacks and will offer bounties of up to $10 million for info
This White House initiative includes offering bounties of up to $10 million for information that wi…
Isabelle Lee
Bitcoin's reputation as a government-free zone is in question after the US snatches $2.3 million from hackers
The idea that bitcoin is free from government interference has been dented after the FBI gained acc…
Harry Robertson
The Biden administration is looking into the role of cryptocurrencies in recent cyberattacks, report says
Cryptocurrencies like bitcoin have been the favored payment method of hackers that encrypt importan…
Matthew Fox
The FBI recovered a huge chunk of the Colonial Pipeline ransom by secretly gaining access to Darkside's bitcoin wallet password
The FBI seized $2.3 million after following the ransom money to a bitcoin wallet used by the hacker…
Tyler Sonnemaker
Garmin reportedly paid hackers a multimillion dollar ransom to recover files after a cyberattack that left their services offline for several days last month
The malware used against Garmin has been linked to US-sanctioned Russian hackers, potentially putti…
Tyler Sonnemaker
One of the biggest US insurance companies reportedly paid hackers $40 million ransom after a cyberattack
CNA Financial's $40 million blowout could be one of the biggest ransomware payments yet, Bloomberg …
Brittany Chang
82% of companies in India were hit by ransomware — they paid ₹8 crore on average to save themselves
An Indian firms paid over Rs 8 crore ransom on average to mitigate the impact of ransomware on its …
Elizabeth Warren's ransomware bill would require cryptocurrency disclosures from victims
The bill comes as ransomware attacks grew 62% worldwide and 158% in North America alone, according …
Isabelle Lee
The White House is reportedly getting ready to roll out measures to combat the use of crypto in ransomware attacks
Colonial Pipeline and JBS were among this year's victims of high-profile ransomware attacks.
Carla Mozée
REvil ransomware group strikes again with attack on hundreds of companies right before long holiday weekend
REvil most recently attacked meat supplier JBS, which ultimately paid $11 million to get its proces…
Matthew Fox
More than 400,000 Planned Parenthood patients' data was exposed after hackers attacked the organization
The data breach affected 21 Planned Parenthood locations in Los Angeles, a spokesperson told the Wa…