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Bank Info Security 7 months, 1 week ago

Ransomware Victim Warning: The Streisand Effect May Apply

Analysis of Seized LockBit Data Suggests Victims Who Pay Enjoy More Media CoverageBad news for any organization that's ever paid a ransom in a bid to avoid their breach coming to light, or for a promise from attackers to delete stolen data, with a study of seized LockBit data finding that victims who paid a ransom were more likely to see the attack get detailed in the media.

A recent review by Wing Security, a SaaS security company that analyzed the data of over 500 companies, revealed some worrisome information. According to this review, 84% of the companies had employees using an average of 3.5 SaaS applications that were breached in the previous 3 months. While this is concerning, it isn't much of a surprise. The exponential growth in SaaS usage has security and