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New cybersecurity advisory warns organizations in the US about attacks involving the AvosLocker ransomware, which has been used to target critical infrastructure sectors.
Ransomware attacks are growing in sophistication, with bigger targets and higher costs. Read more on RaaS, TTPs and protections.
Pay-or-Get-Breached Ransomware Schemes Take Off In 2020, ransomware attackers moved quickly to adopt so-called "double extortion" schemes, with more than 550 incidents in the fourth quarter alone. The "pay or get breached" ransomware trend — also known as the "double extortion" scheme — took off in 2020, despite the prolific Maze Team's Nov. 1 announcement that it would be discontinuing operations. Using data collected by automated feeds, cyber-risk firm Digital Shadows documented 550 double-extortion postings on data leak sites maintained by more than a score of ransomware groups. By fa...