Tag: Ransomware

Upfort attracts $8m in Series A to boost cyber resilience

Upfort, a pioneering cyber security and insurance platform, has raised a substantial $8m in a recent Series A funding round. The round was spearheaded by...

Data theft passes ransomware as top concern for IT professionals

Integrity360 has released findings from a comprehensive research study that maps out the major cybersecurity threats troubling IT professionals.

Ransomware on the rise: Cohesity’s research exposes UK firms’ security vulnerabilities

Cohesity has found a trend among firms relying on ransomware payouts and cyber insurance as a solution to their cyber weaknesses.

White House unveils cybersecurity budget focus for FY 2025

The OMB and the Office of the ONCD has presented its five cybersecurity budget priorities for for fiscal year 2025.

Unpacking the MOVEit data breach: why cyber risk management is non-negotiable

The shocking MOVEit data breach has left global businesses reeling and exposed the hard truth of our digital era - cyber threats are an inescapable reality. The enormity of the breach's impact, and the sensitive nature of the data now in the hands of hackers, has served as a sobering reminder of the catastrophic implications of cyber attacks and the spiralling chaos they can induce in the corporate world.

Ransomware attacks costs US financial institutions over $1bn in 2021

A report by the US Treasury has found US financial institutions experienced nearly $1.2bn in costs associated with ransomware attacks in 2021.

Legacy tech is undermining responses to ransomware in UK

A reliance on outdated technology is undermining how UK organisations respond to ransomware, according to research from data management company Cohesity.

Most critical infrastructure sectors hit by ransomware attacks in 2021

The FBI’s Internet Crime Complaint Center (IC3) revealed it received 649 complaints of ransomware attacks that had targeted critical infrastructure organisations last year.

Malware attacks fell in 2021 but became more sophisticated, study finds

A recent report by cybersecurity firm Kaspersky found that while the number of mobile malware hacks declined last year, the attacks became more sophisticated.

Cuba ransomware breached 49 US critical infrastructure organisations, FBI finds

The FBI has revealed that the Cuba ransomware gang has breached the networks of ‘at least’ 49 organisations from US critical infrastructure markets.

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