Report: 60% of orgs hit by ransomware-as-a-service attacks in the past 18 months

According to a new report from U.K.-based cybersecurity company Sophos, ransomware-as-a-service attacks became more popular in the past 18 months. Of the hundreds of ransomware attacks Sophos investigated during that time, nearly 60% were perpetrated by ransomware-as-a-service groups. Such attacks, where one group builds the malicious code and sells it to another group to use in […]

Cybereason: 80% of orgs that paid the ransom were hit again

Elevate your enterprise data technology and strategy at Transform 2021. Ransomware attacks are on the rise globally as cybercriminals adopt more sophisticated tactics, and damage losses are projected to reach $20 billion worldwide this year. The Federal Bureau of Investigation reported a 225% increase in total losses from ransomware in the United States in 2020. […]