Whether it’s schools, hospitals, or even critical infrastructure, ransomware is causing destruction in almost every sector of the economy. With each passing year, ransomware is becoming more widespread and more dangerous. and knowing how to prevent ransomware attacks is becoming more essential. Making matters worse, a mistake by almost anyone in an organization can lead…
DetailsRansomware attacks jumped significantly in 2021, and that trend looks like its set to continue into the next year. The frequency and cost of ransomware attacks keeps rising, with attacks growing more targeted and more devastating. It doesn’t look like things are going to get any better going into 2022, so you’d better buckle up.…
DetailsWe’ve handled hundreds of cybersecurity attacks and found that a lack of cybersecurity understanding is at the root of most attacks. Many people simply don’t understand how and why ransomware attacks happen, so they’re not prepared when they do happen. We decided to develop a quick, go-to resource as a primer to help people from…
DetailsSodinokibi, also known as REvil, was one of the most persistent and dangerous ransomware variants throughout 2020 and 2021, having demanded ransoms as high as $70 million. It’s understandable that the cybersecurity community breathed a sigh of relief when Sodinokibi abruptly disappeared in July. Alas, just a few months later, in September of 2021, the…
DetailsMajor ransomware gangs, including Avaddon, DarkSide, and REvil, dissolved in Q2 2021, but the relief was short-lived. New and potentially more dangerous gangs quickly moved to take their place. Probably the most notable of these new threats is the BlackMatter ransomware gang. BlackMatter recently made headlines by compromising the networks of Japanese medical imaging giant…
DetailsHow big will ransomware ransoms get? As ransomware attacks grow more targeted and sophisticated, the average ransom demand keeps going up, too. Some surveys indicate that the average ransom demand increased from $6,000 2018 to $84,000 in 2019. That trend continued into 2020, with the average increasing to over $300,000, by some estimates. I recently…
DetailsIt’s no secret that ransomware attacks are getting worse; many of the biggest ransomware attacks happened in 2021. As hackers rake in the cash, they are investing into franchising and specialization and becoming more and more effective. As a result, the amount of pressure they are able to put on victims is increasing, and with…
DetailsAs if getting extorted by ransomware hackers wasn’t bad enough, scammers are increasingly taking advantage of people’s desperation to cash in with fake decryptor tools. This is one reason why we always emphasize the importance of staying calm when faced with a ransomware attack. If you act while in a panic, it’s much easier for…
DetailsThe ransomware threat landscape continued heating up into the spring, with a number of exciting ransomware news events. Overall, the total number of attacks and average ransom size continued to rise. The total damage caused by cybercrime is on pace to top $6 trillion this year, with ransomware driving a large portion of that growth.…
DetailsSometimes it seems like ransomware is creeping into every part of our lives. Even our phones aren’t safe now; Android ransomware has been around for some time, but there are signs that it is getting worse. Most of the ransomware attacks making headlines strike large organizations; hospitals, government agencies, or major corporations. This makes sense—…
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