ransomware

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Former Cybersecurity Expert Turns Criminal

8 Jan 2026 1 minute read 2 comments Matthew Rosenquist

Former cybersecurity ransomware negotiator turns to the dark side and into a ransomware cybercriminal. Here is another ugly lesson in “be careful who you trust, even in cybersecurity”. We have seen malicious individuals, deceitful vendors, and produ...

Building Ransomware Resilience - Webinar

23 Oct 2025 1 minute read 0 comments Matthew Rosenquist

I am looking forward to a stellar discussion about ransomware! The Official Cybersecurity Summit is coordinating a number of virtual expert panels to discuss various aspects of Ransomware. Join V. Carr, Sandra Morneman-Wenzel, LeeAnne Pelzer, and my...

Artificial Intelligence Used in 80% of Ransomware Attacks

9 Sep 2025 1 minute read 7 comments Matthew Rosenquist

A new report from MIT Sloan cybersecurity research reveals that AI is leveraged in 80% of ransomware attacks.  Of the 2811 ransomware cases investigated, adversaries used AI 80.8% of the time in their attacks.  Organized threat agents like LockBit, R...

UK Proposes Ransomware Payment Ban for Public Sector

25 Jul 2025 1 minute read 0 comments Matthew Rosenquist

UK shows leadership in a proposal to ban ransomware payments for public entities like healthcare, education, government services and other national critical infrastructure! This is a great step forward to undermine all ransomware attacks. Such a str...

UK Proposes Ransomware Payment Ban for Public Sector — A Step in the Right Direction

22 Jul 2025 1 minute read 0 comments Matthew Rosenquist

The UK government has proposed banning public sector entities — including national healthcare, education institutions, libraries, and other government bodies — from making ransomware payments. This move addresses a core motivator for cybercriminals:...

Iran Focuses Cybercriminals on Foreign Enemies

9 Jul 2025 1 minute read 18 comments Matthew Rosenquist

Aggressive nation-states are increasingly leveraging cyberattacks as tools to advance their foreign policy objectives. In this case, Iran sponsored Pay2Key Ransomware-as-a-Service (RaaS) is offering an increase in profit sharing (80%) to affiliates...

Coinbase Hacked and Turns the Tables on the Cybercriminals!

16 May 2025 1 minute read 4 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...