Hackers' ransom demands have increased to eye-watering levels. Fears over leaked data force organizations to pay up.
The Heritage Company suffered a vicious ransomware attack, resulting in job losses for its 300 employees just before Christmas. In a letter to employees, company CEO Sandra Franecke shared the news that the 61-year old firm would cease operations. [CEO Franecke] opted to pay the ransom. A decryption key was
Last week, multi-national physical security firm, Prosegur, lost control of its network to Ryuk Ransomware. Prosegur's worldwide IT network was reportedly shut down and its employees were sent homeRyuk is a virulent strand of ransomware wreaking havoc on businesses large and small. The attack typically starts with a broad-based Phishing
In a new move for ransomware actors, a ransomware attack has turned into a giant data breach. In a typical ransomware attack, the victim's data is locked up until the ransom is paid, but it is often not exfiltrated. Unfortunately for Allied Universal, its ransomware attackers took the next step