After the attack comes the bill: Ransomware and data-exfiltration attacks continue to stick victims with serious cleanup, legal and other costs. Cloud computing giant Rackspace has so far spent $10.8 million responding to an attack against its hosted Exchange environment by the Play ransomware group that began late last November, the company said in an […]
Ransomware is on track to victimize more organizations in 2023, while attackers rapidly escalate their attacks to wreak widespread damage before defenders can even detect an infection. In July, data from 502 compromises was posted to leak sites, an increase of more than 150% compared with the same month a year ago, according to a […]
Ransomware shows no signs of slowing, with ransomware activity ending 13 times higher than at the start of 2023 as a proportion of all malware detections, according to Fortinet. Ransomware detections 1H 2023 FortiGuard Labs has documented substantial spikes in ransomware variant growth in recent years, largely fueled by the adoption of Ransomware-as-a-Service (RaaS). Read […]
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