Showing results for 'ransomware' in all areas
93 Articles | 24 Magazines | 0 Research | 0 Whitepapers

Ransomware surge in 2025: Payments firms cannot afford complacency

03 Oct 25 @ 09:11

Ransomware is staging a comeback. After several years of decline, attacks surged again in 2025, affecting nearly a quarter of businesses worldwide, according to new research from cybersecurity provider Hornetsecurity.... read more

The cyber crime ecosystem – Ransomware and extortion

12 Sep 23 @ 16:20

In 2017, the National Cyber Security Centre (NCSC) published a detailed report examining the cyber crime business model – this report has been updated in 2023. Since 2017, the growth... read more

“Slick” – How LockBit became the world No.1 ransomware group

19 Jan 23 @ 16:42

LockBit has been busy: in just the past month, it has claimed to have compromised 40 organisations, from a private school in Malaysia to a dental group in Sydney, helping... read more

US banks pay $1 billion in ransomware in 2021

10 Nov 22 @ 17:00

US banks have reported they have collectively made more than $1 billion in ransomware-related payments in 2021 — more than double the amount from the previous year and the most... read more

Q1 2022 RANSOMWARE VOLUME ALREADY DOUBLE 2021 TOTAL

25 Aug 22 @ 10:57

Ransomware detections in Q1 of this year doubled the total reported volume for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found... read more

The top 5 ransomware statistics from the last year

19 Aug 22 @ 14:08

Cybercriminal gangs launch ransomware attacks to encrypt businesses’ sensitive data and get paid a significant ransom. Sometimes hackers even use a method called double extortion. They threaten the organization to... read more

Ransomware volume already doubled 2021 total by end of Q1 2022

04 Jul 22 @ 12:28

Ransomware detections in Q1 of this year doubled the total volume reported for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found... read more

RANSOMWARE AND HACKING BIGGER THREAT TO UK BUSINESSES THAN HOSTILE STATES

24 Aug 21 @ 08:59

Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy Cameron, chief... read more

Ransomware attacks surge by over 150% in 2021

23 Aug 21 @ 14:13

Businesses and people around the world suffer ransomware attacks every day. Exceptionally since the pandemic started, we hear more and more about hackers abusing vulnerabilities. According to the data presented... read more

Ransomware and hacking now bigger threat to UK businesses than hostile states

17 Jun 21 @ 09:39

Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security  and businesses than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy... read more

Important: As ransomware demands explode cyber insurance companies rethink premiums

03 Jun 21 @ 11:08

Cyber attacks began to climb last year, but big ransomware strikes over the past two months have convulsed the insurance market. Ireland’s healthcare system, a key US fuel pipeline and,... read more

Fileless malware attacks surge by 900% – Ransomware attacks decline

19 Apr 21 @ 17:10

The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared... read more

Diebold Nixdorf suffers ProLock ransomware attack

14 May 20 @ 12:04

Diebold Nixdorf has succumbed to a ProLock ransomware attack that is reported to have disrupted some operations. First reported by Krebsonsecurity, the ransomware attack struck the company April 25 and... read more

How Finastra survived a ransomware attack without paying ransom

16 Apr 20 @ 10:29

When hackers silently forced their way into the computer network Finastra in mid-March, the company was focused on developing emergency plans for operating amid the emerging COVID-19 coronavirus pandemic. Moving... read more

FIRMS WARNED OVER RISE OF ‘RANSOMWARE GANGS’

13 Feb 20 @ 07:06

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning to financial services firms to step up their security. Tim Thurlings of... read more

Firms warned over rise of ‘ransomware gangs’ after Travelex attack

09 Jan 20 @ 20:43

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning that financial services firms need to step up their security, according to... read more

Cybersecurity: The scourge of ransomware continues

17 Aug 18 @ 12:05

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

THE SCOURGE OF RANSOMWARE CONTINUES

01 Jun 18 @ 10:15

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

Mobile banking Trojan mutates with ransomware features

17 Jun 14 @ 13:02

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to... read more

UK crime agency warns of bitcoin ransomware threat – Cryptolocker

18 Nov 13 @ 14:34

The UK’s National Cyber Crime Unit is warning that tens of millions of PC users across the country are being spammed by e-mails loaded with notorious bitcoin ransomware Cryptolocker. The... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more