Posts Tagged ‘ransomware’

Blockchain data platform Chainanalysis has reported that cybercriminals have seen a 40 per cent fall in their earnings as more people have refused to pay the ransom following ransomware attacks. More Strains With Shorter Lifespans However, the number of unique ransomware strains being used in attacks increased dramatically in 2022 (Fortinet). Also, Chainanalysis reports that…

A study by security firm ‘Proofpoint’ has revealed that 82 per cent of UK organisations whose systems were infected by ransomware in 2021 opted to pay the ransom. Much Higher Than The Global Average  Despite cybersecurity and government agencies warning against paying, Proofpoint’s ‘2022 State of the Phish’ report states that this UK figure for…

Threat intelligence firm Analyst1 has warned that, as cyber criminals try to avoid the attention of law enforcement agencies, they are likely to target small businesses with ransomware attacks in 2022. Researcher Chris Fiormonti comments on the Analyst1 blog that “Instead of going after the high-profile attacks since the activity brings unwanted attention from the federal…

The international Counter-Ransomware members from 30 countries have issued a joint statement outlining their intent to take action to counter the growing threat posed by ransomware. What Is Ransomware? Ransomware is a form of malware that encrypts the important files on a computer and the user (often a business/organisation) is given a ransom demand, the…