Cisco report says growing ransomware attacks are costing people and businesses millions

“Cybercriminals are raking in $34 million annually by targeting individuals and businesses with ransomware. An uptick in ransomware attacks is costing the average target $300, according to a new security report out from Cisco Systems Inc. More than 9,500 people pay ransoms to hackers each month.” CHECK OUT THE FULL ARTICLE >> Author: Gina Hall

Big Business Ransomware: A Lucrative Market in the Underground Economy

“Ransomware has hit full stride in 2016. We’re only halfway into the year and we have already experienced a surge of attacks affecting industries from healthcare to critical infrastructure. But ransomware is a threat that’s been around for a while, so why the sudden uptick of attacks?” CHECK OUT THE FULL ARTICLE >> Author: Dark Reading, […]

Big Paydays Force Hospitals to Prepare for Ransomware Attacks

“Infected by ransomware, hospitals around the country have been forced to pay hefty sums to criminal hackers. One of the most extreme cases took place in February, when Hollywood Presbyterian Medical Center handed over $17,000 to hackers who took over its systems. Since then, two other hospitals in California, as well as in Kentucky and […]

Your Money or Your PHI: New Guidance on Ransomware

“One of the biggest current threats to health information privacy is the serious compromise of the integrity and availability of data caused by malicious cyber-attacks on electronic health information systems, such as through ransomware. The FBI has reported an increase in ransomware attacks and media have reported a number of ransomware attacks on hospitals.” CHECK […]

Incidents of Ransomware on the Rise: Protect Yourself and Your Organization

“Hospitals, school districts, state and local governments, law enforcement agencies, small businesses, large businesses—these are just some of the entities impacted recently by ransomware, an insidious type of malware that encrypts, or locks, valuable digital files and demands a ransom to release them. The inability to access the important data these kinds of organizations keep […]