Learn more about ransomware trends through Coveware's quarterly ransomware reports. The data is collected firsthand from Coveware's Incident Response team.
Lincoln College President David Gerlach said a ransomware attack made it harder to combat declining enrollment, fueling a decision to close the school.
More than half (56%) of ransomware victims paid the ransom to restore access to their data last year, according to a global study of 15,000 consumers conducted by global security company Kaspersky.
OFAC administers a number of different sanctions programs. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals.
Hollywood Presbyterian Medical Center paid a $17,000 ransom in bitcoin to a hacker who seized control of the hospital's computer systems and would give back access only when the money was paid, the hospital's chief executive said Wednesday.
FBI Boston's Joseph Bonavolonta address the Cyber Security Summit on October 21st. Bonavolonta said that paying the ransom is often the easiest path out of ransomware infections.
The Justice Department announced today a disruption campaign against the Blackcat ransomware group — also known as ALPHV or Noberus — that has targeted the computer networks of more than 1,000 victims and caused harm around the world since its inception, including networks that support U.S. critical infrastructure.
The attack on Colonial Pipeline has focused new attention on a potentially radical proposal to stem the growing threat posed by ransomware: making it illegal for victims to pay their attackers.
Some 80% of businesses that choose to pay to regain access to their encrypted systems experience a subsequent ransomware attack, amongst which 46% believe it to be caused by the same attackers.
As cyber-attacks intensify around the world, two experts argue for or against a ban on payments