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Ransomware cyber attacks spike to over 1.2 mn per month in H12022

by AIP Online Bureau | Aug 28, 2022 | Indian News, Non-Life, Technology

The dominant targets are still five key industries: education, municipalities, healthcare, infrastructure and finance. Researchers also saw a spike in the number of service providers that have been hit with a ransomware attack Ransomware attackers remain defiant and...

Increased ransomware attacks and global threats tempering executive confidence in cyber preparedness: survey

by AIP Online Bureau | May 28, 2022 | Eco/Invest/Demography, International News, Technology

According to the survey by Marsh and Microsoft, leadership confidence in their organization’s core cyber risk management capabilities – including the ability to understand/assess cyber threats, mitigate/prevent cyber attacks, and manage/respond to cyber attacks – is...

Ransomware attacks rise 13% in past year, India Inc at great risk

by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

“Roughly 4 in 5 breaches can be attributed to organised crime, with external actors approximately 4 times more likely to cause breaches in an organization than internal actors,” the findings showed New Delhi: There has been an alarming rise in ransomware breaches...
Ransomware a growing cyber risk for US corporates, financials & Govt: Fitch

Ransomware a growing cyber risk for US corporates, financials & Govt: Fitch

by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

In 2021, there were 421.5 mil. attempted ransomware attacks in the U.S. and 623.3 mil. globally, up 98% and 105% YoY, respectively, according to a March 2022 report from the Senate Committee on Homeland Security and Governmental Affairs. Ransom payments are also...

UK snack company hit by ransomware attack causing delays

by AIP Online Bureau | Feb 3, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“As soon as we became aware of the incident, we enacted our cybersecurity response plan and engaged a leading forensic information technology firm and legal counsel to assist us in our investigation,” added the British firm, well known for its crisps, or potato chips,...
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