FBI warns new ransomware strain

FBI sounds the alarm over virulent new ransomware strain By Sead Fadilpašić   At least 60 organizations attacked in less than two months A virulent new ransomware strain has infected at least 60 different organizations in the last two months, the FBI has warned. In a Flash report, published late last week, the intelligence agency said that BlackCat, a…

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The Russian-speaking ransomware group Stormous is claiming to have stolen 161GB of data from Coca-Cola

2 MIN READ   ARTICLE Coca-Cola Investigates Data-Theft Claims After Ransomware Attack The Stormous ransomware group is offering purportedly stolen Coca-Cola data for sale on its leak site, but the soda giant hasn’t confirmed that the heist happened. By Becky Bracken, Editor April 27, 2022 Source: Ekaterina Mineva via Alamy The Russian-speaking ransomware group Stormous…

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Cyber Attacks / Prevention Tactics

Cyber Attacks and Prevention Tactics: Worldwide cyber security spending will reach $133.7 billion by 2022 according to a Gartner Inc. prediction. Cyber attacks are growing increasingly sophisticated forcing organizations to invest heavily in developing strategies for preventing data breaches.  Cyber Crime Statistics: Spending, Costs and Causes. Half of large enterprises (over 10,000 employees ) spend…

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Cyber Security Insurance

Do you need cyber security insurance? Cyber security is not mandatory, but it can protect your business especially if your business collects, stores or handles confidential data, such as customer payment, credit, medical, identification or bank account information.  It is important that you take proactive measures to ensure proper security policies are in place and…

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7 Types of Cyber Security Threats

7 types of Cyber Security Threats   Malware • Block access (ransomware) • Install harmful software • covertly obtain information (spyware) • making the system inoperable    Emotet  • continues to be the most costly and destructive malware    Denial of Service (DoS) is a type of cyber attack that makes a computer or network…

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Cyber Extortion

What is cyber extortion? Cyber extortion is an online crime which hackers hold your data, website, computer systems, or other sensitive information hostage until you meet their demands for payment. It often takes the form of ransom ware and distributed denial-of-service (DDoS) attacks, both of which could paralyze your business. Cyber liability insurance provides coverage…

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