[ad_1] Proposed ransomware ban raises underwriting pressure on cyber insurers Insurance Business America [ad_2] Source link .........................Read More
[ad_1] Ransom payouts hit record levels this quarter, thanks to a dramatic rise in targeted social engineering attacks. Analysis from Coveware by Veeam showed that the average ransom payment rocketed to $1.13 million – up 104% from the first quarter. The median payment rose by a similar amount, doubling to $400,000. This surge was largely...Read More
[ad_1] NOTE: Every month get the latest ransomware news and analysis from the Halcyon RISE Team – join us for the next Threat Insights webinar (or watch on-demand here): https://t.co/4hYSwyNUPk Here are the key insights from the Halcyon Rise Team (Research, Intelligence, Services, Engineering) based on intelligence collected from our customer base throughout July 2025....Read More
[ad_1] The US seized servers, domain names and about $1 million in crypto assets from the ransomware group BlackSuit. The Justice Department said on Monday that multiple US and international law enforcement agencies conducted an operation against the BlackSuit ransomware groups in late July. The operation included the unsealing of a warrant for the seizure...Read More
[ad_1] Ransomware may dominate the headlines and remain the go-to worry for IT teams in industrial environments, but a quieter and potentially more destructive threat is emerging: “wiper” malware. Unlike ransomware, which typically seeks payment, wipers are designed to permanently destroy data and systems, leaving no path to recovery and no leverage for negotiation. In...Read More
[ad_1] Louhi, Mistress of the North, attacking Väinämöinen in the form of a giant eagle with her troops on her back when she was trying to steal Sampo; in the Finnish epic poetry Kalevala by Elias Lönnrot. (The Defense of the Sampo, Akseli Gallen-Kallela, 1896) Veeam’s Coveware business unit has released its Q2 ransomware report...Read More
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Cyber attacks are no longer confined to the realm of IT – they are a systemic risk to economies, governments, and public trust. Nowhere is this more evident than in the UK’s newly formalised approach to cyber security. With the government now advancing a ban on ransom payments by public sector entities and...Read More
[ad_1] Above: Charles Percy. In a statement to its members issued today, Venture Credit Union announced that it had successfully recovered from a ransomware attack.The breach was noted today on the X platform by cybersecurity monitoring firm FalconFeeds. This is the full statement… “On July 18, 2025, Venture Credit Union Society Ltd successfully recovered from...Read More
[ad_1] Trend Micro researchers have uncovered a novel ransomware family dubbed Charon, deployed in a sophisticated campaign targeting the public sector and aviation industry in the Middle East. This operation employs advanced persistent threat (APT)-style techniques, including DLL sideloading via a legitimate Edge.exe binary (originally cookie_exporter.exe) to load a malicious msedge.dll loader known as SWORDLDR....Read More
