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Government organizations are targeted by attackers who know agencies cannot afford disruption to public services
A U.S. government agency paid $1M to Kairos, a group focused on data theft and extortion rather than ransomware, Ransom-ISAC reports. A new case study from Ransom-ISAC reconstructs a complete data-extortion incident involving a U.S. government body and a threat actor called Kairos, using a leaked negotiation transcript and blockchain tracing of the ransom payment. […]
A U.S. government entity paid about $1 million to keep stolen files from being leaked, according to a new case study by Rakesh Krishnan for Ransom-ISAC, built on a leaked negotiation chat and the blockchain trail the payment left
It involves a number close to three or six depending on the fiend Ransomware operators jack up their ransom demands by a factor of 2.8x if they detect a victim has cyber-insurance, a study highlighted by the Netherlands government has confirmed.…
Incident Reporting Low, Government Study FindsRansomware attacks targeting U.K. organizations continued to rise last year concluded the British government despite a low reporting rate by victims. The findings come as the government is considering banning public sector organization from paying ransom and mandating incident reporting.