Of course, that figure is likely to be far lower than the true total, as many companies do not disclose that they have suffered ransomware attacks. To put that figure into perspective, a similar analysis in 2019 estimated the losses to be around $90 million. Those figures are for ransom ...
High-profile ransomware attacks in 2023Impact of ransomware attacksReputational damageRansom costsThe impact of aransomware attack can be devastating, and any organization in any sector can become avictim. In particular, aransomware attack can have acatastrophic impact on an organization's finances, ...
The rise of human-operated ransomware attacks In all these cases, the ransomware is triggered at the attacker's behest, and not automatically once a network is infected -- which has been the old mode of operation for most ransomware strains. Today, most ransomware gangs are in full control o...
Recent Ransomware AttacksLocking Out Cybercriminals: Here’s How to Prevent Ransomware Attacks2022 Ransomware Statistics & The Biggest Ransomware AttacksRansomware Payouts in Review: Highest Payments, Trends & StatsWhat is Triple Extortion Ransomware? [2024 Update]Clop Ransomware: Overview, Operating Mode,...
WannaCry, released in May 2017, was one of the most widespread and damaging ransomware attacks. Also known as WannaCrypt, and Wanna Decryptor, it was an encrypting worm primarily focused on computers that ran outdated versions of the Windows operating system. The attack had global reach, affecting...
However, the report also noted a concerning trend. During H2, ESET found that nation-state actors connected with North Korea, China and Iran were becoming increasingly involved in ransomware attacks. "Then there are groups that want to make an 'extra buck' on the side, one of them ...
In analysis issued in response to the increase in number and severity of ransomware attacks against critical infrastructure in the United States since late 2020, the U.S. Financial Crimes Enforcement Network (FinCEN) said it had received 1,489 ransomware-related filings w...
But, Microsoft has a simple solution to this problem to protect millions of its users against most ransomware attacks. Two massive ransomware attacks —WannaCryandPetya(also known asNotPetya) — in a month have caused chaos and disruption worldwide, forcing hospitals, ATMs, shipping companies, gove...
supporting water systems to take these threats seriously. Even if the nightmare worst case scenarios have not happened at scale, the entire sector has to prioritizecybersecurity, just as oil pipelines belatedly did after the successful ransomware attack on the Colonial Pipeline several years ago ...
This is not because public institutions are more exposed to these attacks than, say, restaurants or dentists—the problem is that there is more at stake for everyone when these institutions become victims. Ransomware has been around since the late 1980s, but in recent years it has become ...