ransomware reports

Ransomware continues to accelerate, but who is at fault?

Ransomware as a Service

Ransomware as a Service (RaaS) is easier to purchase than you may think Let me start by saying that when I was asked to write this post, I didn’t think it would take me down a dark and twisted rabbit hole. And yet, here I am, having spent the better part of four hours reading

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Small Business and Ransomware

Up to 55% of small businesses will pay ransomware demands According to a study done by Small Business Trends in 2019, about 55% of small businesses (SMBs) say they’ll pay ransomware demands if hit. Of those surveyed, 39% even say they’ll pay any cost. Beazley Breach Response Services published a study in March of 2019.

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Ransomware 101

What actually is ransomware? We’ve all heard about ransomware and the attacks on governments, schools, and businesses. It seems like ransomware is everywhere. But what is it exactly? What does it do? What does it looks like? Let’s explore this ever growing threat so we can better understand it. A definition I hear a lot

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Top 5 Most Expensive Ransomware Attacks of 2019

Ransomware a growing Global epidemic 2019 saw a dramatic increase in global ransomware attacks. Attackers have found their way into governments, schools, and businesses across the world. As their methods continue to become more sophisticated and ironclad, their ransom demands continue to increase. Let’s take a look at the 5 most expensive ransomware attacks of

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Ransomware Costs 300 Jobs

The Heritage Company forced to close days before Christmas In October, The Heritage Company telemarketing company in Sherwood, Arkansas was hit with a ransomware attack that devastated their network. In a letter to employees, CEO Sandra Franecke explains how systems were down across the company. Even after paying the ransom, Franecke explains that the IT

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Over Half of Company Execs Are Paying Hacker’s Ransom Demands

A Majority of Executives are Paying Hackers According to Bitcoinist, a new study has been conducted regarding ransomware attacks and the tendency of those hackers of getting paid.  Merrill Research surveyed 232 executives worldwide, and 69% said their company faced a ransom attack in the past year.  This is a significant jump, considering only 14% of

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