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April 29, 2021
A group of 60 experts including the RCMP’s National Cyber Crime Coordination Unit has issued a detailed plan for fighting ransomware, calling on the governments around the world to take action. “Ransomware attacks will only continue to grow in size and severity unless there is a coordinated, comprehensive, public-private response,” the 80-page report says. “It will take nothing less than our total collective effort to mitigate the ransomware scourge.” It was created by a ransomware ta...
April 29, 2021
Hillicon Valley: Experts unveil plan to combat ransomware attacks | Labor secretary weighs in on gig workers | Joe Rogan clarifies vaccine comments Rebecca Klar,Maggie Miller and Chris Mills Rodrigo © The Hill Hillicon Valley: Experts unveil plan to combat ransomware attacks | Labor secretary weighs in on gig workers | Joe Rogan clarifies vaccine comments Welcome to Hillicon Valley, The Hills newsletter detailing all you need to know about the tech and cyber news from Capitol...
April 29, 2021
BBC News Ransomware gangs target firms, schools and hospitals Close A global coalition of more than 60 leaders from technology companies and law enforcement is calling for “aggressive and urgent” action against ransomware. Microsoft, Amazon, the FBI and the NCA have all joined the Ransomware Task Force in making nearly 50 recommendations to governments. Ransomware gangs are routinely targeting schools, local government and hospitals. The BBC’s cyber reporter Joe Tidy spoke with two vi...
April 29, 2021
People wait in line at the Apple Fifth Avenue store in New York City. The new Apple iPhone 12 was released today. Apple is among the more recent companies to be targeted by a ransomware gang, which demanded payment to âbuy backâ 15 stolen schematics of unreleased MacBooks and gigabytes of personal data on several major Apple brands. (Photo by Michael M. Santiago/Getty Images) The Ransomware Task Force, a collaboration of more than 60 stakeholders, released its long-awaited ransomwar...
April 27, 2021
While the world understandably has remained focused on the spread of COVID-19 in the past year, another threat has become increasingly dangerous and pervasive. Ransomware, once considered a petty form of cybercrime known for plaguing vulnerable schools and local governments, has grown into a global scourge that puts scores of lives at risk while threatening wide-spread disruption. After all, the impact of ransomware attacks can be catastrophic to everything from power grids to waste treatmen...
April 9, 2021
GovInfoSecurity In this eBook, Weeks discusses: Datto’s role in the Ransomware Task Force; Why he believes we “are losing ground”; How enterprises can better protect themselves against the latest attack trends. As Chief Information Security Officer, Weeks is responsible for directing and managing Dattos Information Security program. He spent 11 years securing enterprise applications, systems and sensitive customer financial data at FactSet Research Systems, where he orchestrated all facet...
March 17, 2021
Average ransomware cost triples, says report The average amount paid out by ransomware victims has grown almost threefold to more than $300,000 per incident, according to a report Share this item with your network: By Published: 17 Mar 2021 15:30 The average ransom paid by victim organisations in Europe, the US and Canada has almost trebled from $115,123 (€96,666/£82,788) in 2019 to $312,493 in 2020, and with the spread of double extortion tactics this number is continuing to grow, acco...
January 26, 2021
January 26, 2021 Representing MSPs, Datto joins Microsoft, Rapid7, Citrix, and other global leaders to combat growing cyber threats SINGAPORE, Jan. 26, 2021 /PRNewswire/ -- Datto Holding Corp. ("Datto"), (NYSE:MSP), the leading global provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers (MSPs), today announced it was invited by the Institute for Security and Technology to join its Multi-Sector Ransomware Task Force. As a founding m...
January 21, 2021
Datto headquarters (image courtesy of Datto). Ransomware attacks against billion-dollar corporations tend to garner the most provocative news headlines, but meanwhile plenty of small- and medium-sized businesses have silently suffered from this cyber scourge. Ransomware gangs are infiltrating small businesses in two ways: one, by individually assaulting them via phishing and exploit attacks; and two, by first compromising a managed services provider (MSP) and then leveraging that breach to infe...
January 18, 2021
New coalition aims to combat growing wave of ransomware attacks Maggie Miller © iStock New coalition aims to combat growing wave of ransomware attacks A new coalition of cybersecurity and tech groups is looking to create a roadmap for countering the surge of ransomware attacks that plagued city governments, schools and hospitals in 2020. "You see ransomware as not just an increasing security threat, it is to the level of now where its putting hospitals, children, the elderly,...