Ransomware attacks have matured over the years, adopting more stealthy and sophisticated techniques, while at the same time fixing many of the implementation errors that earlier iterations had. Many attacks are now gaining a new data leak component, which exposes companies to more than the traditional data loss associated with ransomware. The trends observed by researchers over the past year indicate that these attacks are not going away and are likely to increase in frequency. With the adven
As of January 1, 2020, California became the first state to permit residents whose personal information is exposed in a data breach to seek statutory damages in amounts ranging from $100-$750 per incident, even in the absence of any actual harm, with the passage of the California Consumer Privacy Act (“CCPA”). The class actions that follow are not likely to be limited to California residents, but will also include non-California residents pursuing claims under common law theories. At Red Sk
It is getting more expensive for organizations that are victims of ransomware attacks to recover. The average cost more than doubled in the final quarter of 2019. According to a recent report, an average total cost of negotiation, remediation and ransom payment is $84,116. This amount is almost double the previous figure of $41,198.
This increase is not only the result of cybercriminals demanding higher ransom amounts, but the increase in the number of victims who are willing to pay the ranso
RedXray is cyber threat notification service that simplifies monitoring for organizations and supply chains.
In 2016, the World Anti-Doping Agency (WADA) commissioned an investigation into reports that the Russian government was sponsoring blood doping of Russian Athletes. Cybersecurity analysts worldwide witnessed cyber-attacks originating from the GRU-linked APT28, better known as “Fancy Bear,” aimed at anti-doping agencies such as the WADA. These attacks were carried out against age
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