Results for: ransomware
MSPs Beware: The Future of Ransomware
The idea of a shady cabal or a nefarious cyber army of one holding an entire city’s data hostage while they negotiate for ransom sounds like a plot lifted straight from a 1990s B movie. But yesterday’s fantasy is today’s...
Atlanta ransomware attack highlights IT vulnerabilities of cities
Atlanta, car-clogged highways aside, is the elegant, magnolia-draped metropolis of the South: cosmopolitan, visionary, and Olympic caliber. But, for a few days in March 2018, the daily rhythms of governmental life came to a screeching halt. Water bill payments couldn’t...
The never-ending battle against ransomware
Ransomware has largely faded from the headlines since WannaCry and NotPetya wreaked havoc across the globe in 2017. In some ways, ransomware creators were victims of their own success. The attacks garnered so much attention that, as Malwarebytes’ Chris Boyd told...
Tech Time Warp: CryptoLocker takes ransomware mainstream
These days, every MSP is well aware of the risks of ransomware (and hopefully using cloud backup to protect against it). But back in September 2013, the concept of malware that encrypted your files and demanded payment within a 72-hour...
MSPs need to be on the frontline of any ransomware defense
While there is still much unknown about the latest wave of Petya/GoldenEye ransomware attacks, it’s all too clear that organizations that don’t keep pace with the latest patches are being targeted faster than ever. It used to take cybercriminals a...
Threat Watch: NotPetya ransomware
Update: As researchers learn more about the malware that quickly spread around the world earlier this week, it has become clear the malware wasn’t what it first appeared to be. According to Forbes, multiple security researchers have uncovered flaws in...
Tech Time Warp: The First Case of Ransomware
The WannaCry ransomware attack once again brings the need for backup and security solutions into focus, but ransomware is nothing new. The first case of ransomware, chock-full of “truth is stranger than fiction” details, occurred in 1989. The PC Cyborg...
WannaCry ransomware should eventually blow some good for MSPs
While the fallout from the WannaCry ransomware attack will reach into the billions of dollars, the one positive outcome should be a wave of upgrades for millions of older Windows PCs that unfortunately are still widely deployed. The malware employed...
Ransomware is now a $1 billion industry
A new ransomware report from IBM Security finds that nearly one in two business executives have experienced ransomware attacks in the workplace, and 70 percent of those executives said their company has paid to regain access to encrypted data. In...
Calculating the cost of a ransomware attack
On average, it takes an organization 33 man hours to recover from a ransomware attack. That’s the benchmark identified by a survey of 500 IT security professionals conducted by the market research firm Vanson Bourne on behalf of SentinelOne, a...
