The rise of digital technologies has brought with it an increased risk of cyber attacks, with ransomware being one of the most destructive forms of cybercrime. Ransomware is a type of malware that encrypts a victim's data and demands payment in exchange for the decryption key. T he impact of a ransomware attack can be devastating, with organizations losing access to important data and facing … [Read more...] about What are the Benefits of Ransomware Readiness Assessment
Ransomware as a Service or RaaS is a business model offering pay-for-use ransomware. Affiliates pay malware developers/operators to create and launch malicious code and target a business- think of it like an evil cousin of the Software as a Service (SaaS) business model. RaaS is especially dangerous because affiliates with the resources to pay for ransomware attacks but lacking the time or … [Read more...] about What’s Ransomware as a Service (RaaS)?
An online retailer company, Esquimal, leaked their customers' data in an open server. Malicious actors immediately found the leak and asked for ransomware from the company while blocking their access. During an investigation, the Cybernews research team found an unprotected server with 9.2 GB of vulnerable data from thousands of customers, containing personal information like names, contact … [Read more...] about Retailer Company Hit With Ransomware After Reveling Customer Data
Ransomware attacks are becoming an increasingly widespread problem for educational institutions. Just in 2021 alone, ransomware cost schools and colleges upwards of $3.56 billion. But what exactly is this ransomware, and why is it so dangerous? Well, ransomware is a type of malware that encrypts data-containing files on PCs. Hackers can then charge schools huge sums of money for the key to … [Read more...] about Five Ransomware Prevention Tips for Educational Institutes
One of the biggest threats your business’s data and revenue can face in 2022 is ransomware. Several high-profile companies and large organizations have already fallen victim to this cybercrime worldwide, and the expected damages are predicted to total around $20 billion in the coming year. Moreover, according to recent figures, Cybersecurity Ventures has predicted that ransomware attacks will … [Read more...] about Cybersecurity Tips to Secure Your Business in 2022