ransomware

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Coinbase Hacked and Turns the Tables on the Cybercriminals!

16 May 2025 1 minute read 2 comments Matthew Rosenquist

This is how you handle cybercrime digital extortion! Coinbase was compromised by trusted 3rd party partners, which exposed customer data — but customer keys to their assets were still safe. The cyber criminals then attempted to extort $20 million fr...

Hacking the Hardware Brains of Computers is the Ultimate Cyberattack

14 May 2025 2 minute read 0 comments Matthew Rosenquist

Compromising the hardware layer, especially the CPU, is the Holy Grail of cyberattacks. Recent work by Christiaan Beek, a leading cybersecurity researcher at Rapid7, into developing a ransomware proof-of-concept that infects at the hardware layer, i...

PowerSchool Data Breach – Round 2 Extortions

9 May 2025 1 minute read 2 comments Matthew Rosenquist

The PowerSchool data breach nightmare of 2024 doesn’t end. Here is a quick rundown to catch up, before I call out some key learnings: In December 2024, PowerSchool was breached by ransomware attackers who claimed to have copied 62 million records, a...

Ransomware Attack Ends a 150 Year Company

5 Mar 2025 1 minute read 2 comments Matthew Rosenquist

Knights of Old, a 150-year-old UK company, is gone – due to a cyberattack! This terribly unfortunate event is a good example of how cybersecurity matters to every company that depends on digital technology - even if it is to run your books or manage...

Ransomware is Down but Not Out

7 Feb 2025 1 minute read 0 comments Matthew Rosenquist

Ransomware payments are down according to Chainalysis, but it may be a little too early to celebrate. The good news is that victims are realizing that paying the ransom only encourages more attacks and empowers the attackers to do greater harm, so p...

Are Leaders Ready to Break the Ransomware Cycle

21 Oct 2024 1 minute read 3 comments Matthew Rosenquist

It is good to see US government leaders realize that ransomware is a growing existential threat to our country, at the hands of our adversaries. A top US national cybersecurity advisor stated in a recent op-ed, “This is a troubling practice that mus...

Ransomware Explained - How to Reduce Exposure

1 Oct 2024 1 minute read 1 comment Matthew Rosenquist

Ransomware is one of the most devastating challenges in cybersecurity today. The attacks are vicious, expensive, impactful, and becoming commonplace. Over the years I have predicted its rise, discussed why it is so challenging, debunked myths like b...

Ransomware: To Pay or Not to Pay?

2 May 2024 1 minute read 0 comments Matthew Rosenquist

  The Cybersecurity Vault — episode 32, with guest Ian Thornton Trump. In this episode, we discuss one of the most divisive and contentious topics in cybersecurity — should victims of ransomware be allowed to pay the cybercriminals? With the continui...

Preparing for Ransomware in 2024: Testing Your Backup Recovery Plan

2 May 2024 5 minute read 0 comments alextray

Ransomware has become one of the most pervasive and damaging cyber threats in recent years, targeting businesses and individuals alike with increasing sophistication. In 2024, the stakes are higher than ever, as attackers refine their tactics to bypa...

How SaaS Companies Can Recover from a Ransomware Attack

24 Apr 2024 5 minute read 1 comment alextray

Ransomware attacks are a formidable threat to businesses across all sectors, but for Software as a Service (SaaS) companies, the stakes are uniquely high. These attacks not only disrupt service delivery but also compromise sensitive customer data, po...