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Experts Say MDR Services and Proactive Defense Can Break the Payment CycleAPJ organizations face a ransomware paradox: demands dropped 50% to $500,000, yet 54% paid the threat actors. The new Sophos report shows why firms continue paining, how successful negotiations work and what proactive defenses can stop attacks before encryption begins

Bank Info Security 1 year, 9 months ago

Sophos: Attacks Drop in Nearly All Sectors But Healthcare

Survey Finds 37% of Providers Take Over a Month to Recover From RansomwareRansomware attacks are declining across many sectors - but not in healthcare, where an ongoing surge is reaching a four-year high in incidents, according to new research from security firm Sophos, which surveyed 5,000 IT leaders across 15 sectors and 14 countries between January and February.

Bank Info Security 2 years, 2 months ago

The State of Ransomware 2024

How Attacks Have Changed; New Insights Into How an Attack Affects the BusinessThe fifth annual Sophos State of Ransomware Report combines year-on-year insights with brand-new areas of study. It includes a deep dive into ransom demands and ransom payments and shines new light on the role of law enforcement in ransomware remediation.

Bank Info Security 2 years, 7 months ago

Breach Roundup: Filipinos Under Fire From 'Mustang Panda'

Also, Kansas Courts Say Ongoing Outage Traces to Attack; Confidential Data StolenThis week's data breach roundup: Chinese-affiliated hackers target the Philippine government; Kansas Courts confirm data theft, officials warn of exploited flaws in Sophos, Oracle and Microsoft software; AutoZone discloses a Clop ransomware attack; Optus' CEO resigns after network outage.