[ad_1] In early 2025, one of the most horrifying ransomware attacks struck a major healthcare conglomerate in South Asia, paralyzing over 200 hospitals and diagnostic centers across India, Sri Lanka, and Bangladesh. The attack, attributed to the emerging RansomHub group, bypassed traditional defenses by exploiting stolen credentials and a zero-day vulnerability in a widely used...Read More

[ad_1] Opinion It’s been a devastating few weeks for UK retail giants. Marks and Spencer, the Co-Op, and now uber-posh Harrods have had massive disruptions due to ransomware attacks taking systems down for prolonged periods. Imagine an inverse Black Hat conference, an Alcoholics Anonymous for CISOs, where everyone commits to frank disclosure and debate on...Read More

[ad_1] Kaspersky experts have reported a significant rise in targeted ransomware activity at GISEC Global 2025, with the number of active ransomware groups increasing by 35% between 2023 and 2024 – reaching 81 groups globally. Despite this surge, the number of infected victims dropped by 8% during the same period, reaching an estimated 4,300 victims...Read More

[ad_1] New type of ransomware that utilises agentic AI for faster, more effective attacks anticipated to become a threat KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, today announced a prediction that agentic AI ransomware will become a new threat in the near future, recognised on International Anti-Ransomware Day. Ransomware demands and...Read More

[ad_1] “Don’t do crime—CRIME IS BAD xoxo from Prague.” Recently, LockBit’s Dark Web leak site featured a simple message and a zipped archive link. The file included the Ransome group’s internal data, including its confidential conversation with the victims. This news made LockBit the talk of the cyber town, some mocking it for testing its...Read More

[ad_1] New type of ransomware that utilises agentic AI for faster, more effective attacks anticipated to become a threat KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, today announced a prediction that agentic AI ransomware will become a new threat in the near future, recognised on International Anti-Ransomware Day. Ransomware demands and...Read More

[ad_1] It’s 6:15pm on a Friday night as an SMB insured reaches out to the Converge hotline reporting that its servers are encrypted and its network is down. Only there’s no panic in the caller’s voice. They are confident in their third party cloud hosted backups. They are all ready to spin up a new...Read More

[ad_1] Ransomware claims stabilized in 2024 despite remaining the most costly and disruptive type of cyberattack, according to Coalition. 60% of 2024 claims originated from BEC and funds transfer fraud (FTF) incidents, with 29% of BEC events resulting in FTF. BEC claims severity increased 23% year-over-year (YoY) to an average loss of $35,000, primarily driven...Read More

[ad_1] These DOGE ransowmare hackers demand a trillion dollar payment. AFP via Getty Images Update, April 25, 2025: This story, originally published April 23, has been updated with further details regarding the DOGE ransomware attack and information from a new FBI report about the FOG malware threat used following the latest trillion-dollar ransom note demand....Read More

[ad_1] Microsoft has issued an alert regarding sophisticated ransomware attacks targeting hybrid cloud environments in Q1 2025. These attacks exploit vulnerabilities at the intersection of on-premises infrastructure and cloud services, challenging organizations with hybrid configurations. In a significant shift, North Korean state actor Moonstone Sleet has deployed Qilin ransomware in targeted attacks. This marks...Read More