ransomware

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Ransomware is Funding Russian Aggression

1 May 2022 1 minute read 9 comments Matthew Rosenquist

Ransomware attacks and payments are increasing, with most revenue going to Russian attackers. It is time to revisit outlawing Ransomware payments. Some stats to hammer the situation home: Sophos ransomware report indicates: - Ransom attacks are more...

Deadbolt, new ransomware attacking QNAP's products

27 Jan 2022 1 minute read 0 comments Aldeneer

"DeadBolt has been widely targeting all NAS exposed to the Internet without any protection and encrypting users’ data for Bitcoin ransom."   This ransomware wants to pay us 0.3BTC to unlock our data. Attackers say that they used some kind of 0day and...

Illicit Crypto transactions hit an all-time high in 2021

15 Jan 2022 2 minute read 0 comments fklivestolearn

This, however, doesn't tell the full story as the roaring adoption far outstripped the volume of the crypto crime One of the biggest criticisms that digital assets face by the nay-sayers is that they are widely used in illicit and illegal activities....

Protect Your Data from Ransomware with Pure Storage

10 Jan 2022 6 minute read 0 comments Keith Thuerk

Protect Your Data from Ransomware with Pure Storage   Ransomware Ransomware has been around for more than a decade, however, it has really taken its toll on the US Critical Infrastructure this year (Oil and Gas delivery and Food Industry are just a...

Cybersecurity Insights Video - Criminalizing Ransomware Payments with Malcolm Harkins

5 Jan 2022 1 minute read 0 comments Matthew Rosenquist

Ransomware is a growing scourge. Is it possible to eradicate this entire class of attacks? I think it is but in today’s Cybersecurity Insights interview I have a lively debate with Malcolm Harkins on criminalizing ransomware payments and different a...

New Ransomware Bill Shows Promise But is Undermined by a Limited Scope

16 Nov 2021 2 minute read 4 comments Matthew Rosenquist

A new bill has been proposed to address Ransomware. Congressman Patrick McHenry recently introduced the Ransomware and Financial Stability Act of 2021. Good Direction, but Falls Short I believe it is the right direction for undermining ransomware at...

New Ransomware Bill Only Benefits Traditional Financial Institutions

13 Nov 2021 1 minute read 2 comments Matthew Rosenquist

Recently introduced Ransomware and Financial Stability Act (H.R.5936) is the right direction for undermining ransomware attacks, by disallowing payments, but it just does not go far enough. This proposal only benefits traditional financial instituti...

Video: International Coalition Fails to Address Ransomware

20 Oct 2021 4 minute read 7 comments Matthew Rosenquist

U.S. leadership organized a meeting with over 30 nations to figure out how to address the growing problem of ransomware. The results were unimpressive, lacking the bold innovation needed to stem the meteoric rise of ransomware that is targeting busi...

Been Hit with Ransomware, now what?

15 Sep 2021 3 minute read 0 comments Keith Thuerk

Been Hit with Ransomware, now what? Ransomware has really taken its toll on the US Critical Infrastructure this year (Oil & Gas delivery and Food Industry). Know its not a matter of IF but when your Enterprise is hit by a Ransomware attack. According...

Demotivating Ransomware Attackers by Ending Ransom Payments

5 Aug 2021 1 minute read 0 comments Matthew Rosenquist

Outlawing payments will result in the abandonment of ransomware attacks. By stopping the flow of money, we can demotivate cybercriminals who will shift to other activities that are more profitable than ransomware. We don’t need to stop all types of...