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Ransomware survey: More organisations now likely to pay up rather than recover data through backups

A survey on the state of ransomware in Singapore reveals that organisations are now more likely to pay the ransom, as opposed to recovering their data using backups. The study conducted by global security firm Sophos included 165 IT professionals in Singapore, out of 5,000 across 14 countries. CNA spoke to Aaron Bugal, ....

Aaron Bugal , Field Chief Technology Officer , Asia Pacific ,

Why Paying Should Be A Last Resort In Ransomware Attacks

The published version of Forbes’ CIO newsletter delivers the latest news for chief innovation officers and other technology-focused leaders to inboxes every Thursday. ....

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Cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says

Multifactor authentication adds a second layer of security to password-protected accounts by having users enter an auto-generated code. ....

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iTWire - Non-bank lender Firstmac suffers ransomware attack by EMBARGO

Australian non-bank lender Firstmac has suffered a ransomware attack from a new gang, EMBARGO, but has not made any public statement about the hack. W. ....

Porter Novelli , Mortgage Business , Sam Varghese ,

Ransomware, extortion cases up by 62% globally in 2023

Report says cases will continue to go up due to developing technologies ....

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