Articles Tagged with ''ransomware''

Some opportunistic cybercriminals have taken advantage of the pandemic environment to breach both consumer and organizations’ data. These cybercriminals are using COVID-19-themed emails as an opportunity to unleash ransomware attacks on organizations and consumers. Here, we focus on Remote Workforce and Remote Learning as areas that cybercriminals will continue targeting in 2021 and beyond, and explore mitigation strategies that may help reduce cybersecurity risks related to these areas.

To keep up with the ransomware of today, organizations must adopt a holistic approach to mitigating reputational risk.

In the aftermath of the Colonial Pipeline attack, global IT association and learning community ISACA polled more than 1,200 members in the United States and found that 84% of respondents believe ransomware attacks will become more prevalent in the second half of 2021. The Colonial Pipeline attack caused massive disruptions to gasoline distribution in parts of the US this month, resurfacing preparedness for ransomware attacks as a front-burner topic for enterprises around the world. Colonial reportedly authorized a ransom payment of US $4.4 million. In the ISACA survey, four out of five survey respondents say they do not think their organization would pay the ransom if a ransomware attack hit their organization. Only 22% say a critical infrastructure organization should pay the ransom if attacked.