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 […]
Posts Tagged ‘ransomware costs’
Banks in the United States processed almost $1.2 billion in ransomware(opens in new tab) payments last year, a new report has claimed. The Financial Crimes Enforcement Network (FinCEN) drew on data from the ransomware-related Bank Secrecy Act (BSA) filings throughout 2021, and found such incidents have increased “substantially” year-on-year, with roughly 75% of the reported […]
Category Cyber-crimeMalware
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