Threat actors are increasingly using advanced tactics to obfuscate and launder their illicit gains, a report by the US Government finds

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The victims lost an average of nine days to downtime and two-and-a-half months to investigations, an analysis of disclosed attacks shows

The post Ransomware cost US companies almost $21 billion in downtime in 2020 appeared first on WeLiveSecurity

The victims lost an average of nine days to downtime and two-and-a-half months to investigations, an analysis of disclosed attacks shows

The post Ransomware cost US companies almost $21 billion in downtime in 2020 appeared first on WeLiveSecurity

Ransomware payments may have greater implications than you thought – and not just for the company that gave in to the attackers’ demands

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A new paper explains how ransomware has become one of the top cyberthreats of the day and how your organization can avoid becoming the next victim

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Lessons to learn from the Kaseya cyberincident to protect your business’ data when doing business with a MSP.

The post Choosing your MSP: What the Kaseya incident tells us about third‑party cyber risk appeared first on WeLiveSecurity

Caught between a rock and a hard place, many ransomware victims cave in to extortion demands. Here’s what might change the calculus.

The post Ransomware: To pay or not to pay? Legal or illegal? These are the questions … appeared first on WeLiveSecurity

Companies facilitating ransomware payments run the risk of facing stern penalties for violating US regulations

The post US gov’t warns against paying off ransomware attackers appeared first on WeLiveSecurity

There is no evidence that cybercriminals were also able to steal customer data

The post Ray‑Ban parent company reportedly suffers major ransomware attack appeared first on WeLiveSecurity

Why are SMBs a target for ransomware-wielding gangs and what can they do to protect themselves against cyber-extortion?

The post Small and medium‑sized businesses: Big targets for ransomware attacks appeared first on WeLiveSecurity