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Incident Response Firm Reports 25% of Victims Paid - Typically for a DecryptorThe slice of organizations opting to pay extortion after being hit by ransomware dropped to an all-time low of 25%. Underpinning the drop is a combination of better defenses, improved business resilience as well as organizations simply deciding to not pay criminals.
No good deed goes unpunished, or something like that The BianLian gang is ditching the encrypting-files-and-demanding-ransom route and instead is going for full-on extortion.…
This week saw a lot of ransomware news, ranging from new extortion tactics, to a ransomware gang giving away a free decryptor after attacking a children's hospital. [...]
Blame it on the affiliate Notorious ransomware gang LockBit "formally apologized" for an extortion attack against Canada's largest children's hospital that the criminals blamed on a now-blocked affiliate group, and said it published a free decryptor for the victim to recover the files.…
Cruddy cryptography means victims whose files have been encrypted by the Ukraine-tormenting ransomware can break the chains without paying extortionists.