Ransomware has gone from a niche attack to a booming criminal market since its introduction in 2013. Dozens of organizations have faced Ransomware attacks this year, and some of them have turned to Stroz Friedberg for help. In an interview with Salted Hash, the company says they were dealing with three to four Ransomware cases per week in the first quarter of 2016.
Source: Incident response teams dealing with 3 to 4 Ransomware incidents weekly
It’s a modern-day hold-up: Criminals lock digital files and demand a ransom to restore access. And it’s happening more often.
Source: ‘Ransomware’ wave growing across United States
Microsoft recently partnered with the R3 banking consortium to further build out its tools powered by blockchain, one of the backend technologies behind Bitcoin.
Source: Microsoft blockchain-as-a-service gains momentum with banking partnership – TechRepublic
Cybersecurity is not something you can just buy, but something you should thoroughly build.
Source: Cybersecurity spending: more does not necessarily mean better
A ransomware alert has been issued by the US and Canada to ensure that individuals and organizations are aware of this threat.
Source: US and Canada issue ransomware alert
In recent months, there has been a significant increase in the number of networks and users affected by ransomware known as Locky, discusses ESET’s Diego Perez.
Source: Analysis of the Locky infection process
In 2015, the FBI received over 2,400 complaints and victims lost over $24 million to hackers
Source: How ransomware hackers “prey on people’s willingness to click”
Individuals and organizations of all stripes should improve their own “cyber-hygiene” practices to deny hackers’ success from the get-go.
Source: How to counter a ransomware attack