article thumbnail

Evolve Ransomware Hack Affects Affirm and Fintech Companies

Data Breach Today

Startups and Evolve Client Are Monitoring the Situation for Potential Fallout A ransomware attack against Evolve Bank & Trust triggered a small cascade of secondary breach notifications by current and past clients of the banking-as-a-service company.

article thumbnail

The State of Ransomware 2024

Data Breach Today

How Attacks Have Changed; New Insights Into How an Attack Affects the Business The fifth annual Sophos State of Ransomware Report combines year-on-year insights with brand-new areas of study. It includes a deep dive into ransom demands and ransom payments and shines new light on the role of law enforcement in ransomware remediation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Millions Affected by Prudential Ransomware Hack in February

Data Breach Today

Million Individuals A February ransomware attack against Prudential Financial affected 2.5 Insurance Giant Says Hackers Stole Data of 2.5 million customers, the financial giant disclosed after initially calculating the totally as 36,000. In an emailed statement, Prudential said the tally shouldn't increase a second time.

article thumbnail

ShrinkLocker Ransomware Exploits Microsoft's BitLocker

Data Breach Today

Many ransomware hackers agree with that statement - and they're learning to make such attacks even harder to recover from. Malicious Script Targets Users in Mexico, Indonesia, Jordan Why bother building a crypto-locker when Microsoft has perfectly acceptable encryption software preloaded on desktops?

article thumbnail

Lessons Learned in PostgreSQL®

In today's digital landscape, the threat of ransomware demands proactive defense. Instaclustr expert Perry Clark outlines immediate actions to minimize risks, ensuring a swift response to ransomware threats and protecting critical data assets.

article thumbnail

Law Enforcement's Role in Remediating Ransomware Attacks

Data Breach Today

Different Countries Have Different Levels of Law Enforcement Involvement This year's Sophos State of Ransomware report reveals how reporting levels and official responses vary across 14 countries. The survey finds that reporting ransomware attacks is common, and victims almost always receive support as a result.

article thumbnail

Ransomware Remains a Major Threat to Energy

Data Breach Today

Median Ransomware Attack Recovery Cost for Critical Infrastructure Is 4X Higher Ransomware remains a major threat to energy, oil/gas and utilities organizations of all sizes around the globe.

article thumbnail

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Did you know that 2021 was a record-breaking year for ransomware? Considering the possible impact and the increased threat vector, deploying efficient ransomware protection must remain a priority for organizations of all sizes. Ransomware growth trends and stats. The costs and impact of a ransomware attack.

article thumbnail

Ransomware Prevention and Recovery

Learn how to protect your business data from the most disruptive malware currently in existence. This whitepaper will help you avoid becoming the victim of a data breach and ensure business continuity. It discusses defense best practices and protection solutions to help you keep your data safe.