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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.

Bank Info Security 1 year, 3 months ago

Ransomware Incidents on the Rise in the UK

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.

CISOs at Organizations That Fell Victim Have a Different Story, 451 Research FindsAre your defenses against ransomware good enough to survive contact with the enemy? Don't be so sure. A new study from market researcher 451 Research finds that "overconfidence in security tooling remains an issue in the face of ransomware" for organizations that haven't yet fallen victim.