Over the past few years, ransomware has become the most insidious threat to companies as operators’ capabilities increase and ransom demands escalate. A newly published report shows that the average ransom demand has increased more than 10 times in just a year. There are over a dozen notorious ransomware operators
Last week, New York state senators proposed two bills that would ban local entities from using taxpayer money to meet ransomware demands sent by threat actor groups. The bills were proposed within two days of each other, with bill S7246 introduced on the 14th and bill S7289 on the 16th.
Travelex, a foreign exchange company, was hit by ransomware on New Year’s Eve and later received a hefty ransom request of $3 million. This ransom demand has since doubled to $6 million. If Travelex fails to comply with the ransom demands, sensitive data stolen from the company’s networks will be
The anonymous threat actors behind the Maze Ransomware attacks are being sued by a victim after an attack in early December left their information vulnerable. The victim, US company Southwire, claims that Maze accessed their network, stole and encrypted data, and later published the information after Southwire failed to pay
Earlier this month, the city of Pensacola, Florida, reported a ransomware attack on the city’s network. The group behind the attack, the Maze Group, threatened to release files obtained in the hack if the$1 million ransom was not paid. A few days ago, a 2GB archive containing data that was
Threat actors claim to have stolen 700,000 records containing personal information of Choice Hotels guests and want the hotel chain to pay 0.4 Bitcoin (over $4,000) for the data that had been stored in an unsecured MongoDB database. The exposed data includes guest names, email addresses, and phone numbers. Last