The answer is not simple, and several governments have rolled back from banning ransomware payments due to the complexities of enforcement and the impact on their industries. The answer is yes and no, but it depends on the maturity of…
Intriguingly, the debate about banning ransomware payment continues. The ban was originally in response to a coordinated approach across several nation-states, which have remained stubbornly quiet about banning ransomware payments. There is no evidence that banning ransomware payments either supports…
Lets not put ‘rose tinted goggles’ on here. We may have moved to a point of no return with cybersecurity, and the threat it poses to national, economic and social security. Scattered Spider is working with nation state threat actors.…
Nice piece of research on ransomware attacks and the effect on ransom payments if you have cyber insurance.@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan Veritas GRC #cybersecurity #cyberriskmanagement #cyberinsurance #ransomware View Original Post
Thanks for posting @Thaddeus Dziekanowski, ransomware is a nice little earner. The enclosed report pulls together some of the industry stats on ransomware attacks. History has shown that the dark side of cyber has evolved into a very profitable business,…
A cyber attack has disrupted 200 government agencies in Indonesia for the past week. With hackers asking $8 million to release the encryption keys, and the government refusing to pay the weeks ahead maybe challenging. Unless, like UnitedHealth the data…
To quote ‘There maybe trouble ahead’, the company that owns the third party supplier at the center of the incident Synnovis, German based Synlab AG seems not to be immune to cyber attacks. As the attack on Synnovis is the…
Regroup, refresh and restart. Ransomware attacks rampup following recent takedowns. ‘A relatively new operation called RansomHub gained media attention this week after a BlackCat affiliate used the newer operation’s data leak site to extort Change HealthCare once again.’ How do…
A great read for a Sunday afternoon, The Ransomware and Financial Stability Act 2024, that was put before congress this month. This is an important Bill if passed. It will have a significant effect on ransomware payments of covered financial…
A survey report by the UK government on the status of cybersecurity of UK industry, as part of its continual oversight of the status of cybersecurity risk management. Statistics of cybersecurity compliance always make for an interesting read as they…
