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Ransomware Attacks

51 posts

Ransomware attack starts with cybercriminals entering a system and encrypting all data, then offering a decryption key if the victim agrees to pay a ransom through cryptocurrency. Cryptolocker is one of the first examples of sophisticated ransomware. It locked users out of their devices and then used a 2,048-bit RSA key pair to encrypt systems and any connected drives and synced cloud services.

Ransomware’s definition says that it is malware designed to make it so that paying a ransom is the only way to restore access to the encrypted data. Automated, protected data backups enable an organization to recover from an attack with a minimum of data loss and without paying a ransom.

Ransomware sometimes deletes itself after it has infected a system; other times, it stays on a device to infect other devices or files. Use antimalware/anti-ransomware. Most antimalware and anti-ransomware software can quarantine and remove the malicious software.

In this section, we have collected the most current articles and reviews on the topic of the Ransomware Attacks.

Challenges for Cyber Insurance Market's Growth Potential

Challenges for Cyber Insurance Market’s Growth Potential

The realisation of the cyber market’s growth potential is tied to geopolitics and macroeconomics, but also sme penetration, tail-risk management
Cyber Insurance Market Dynamics Changed Significantly

Cyber Insurance Market Dynamics Changed Significantly

Cyber insurance dynamics have shifted significantly over the last 12 months. After a period of upheaval – characterised by a rapidly deteriorating loss environment
War Exclusions in Cyber Insurance are Centre Stage as Re/Insurers

War Exclusions in Cyber Insurance are Centre Stage as Re/Insurers

Whilst there have been no cyber attacks of comparable scale since the invasion of Ukraine, the scope of cyber insurance, and the war exclusions issue specifically
Cyber Supply Chain Risk: Background & Innovation

Cyber Supply Chain Risk: Background & Innovation

The digital supply chain is invisible. It operates in the background but is essential to the day-to-day functioning of most businesse
Global Cyber Warfare Risks Increases Insurance Market Losses

Global Cyber Warfare Risks Increases Insurance Market Losses

Cyber warfare and the attendant risk of systemic losses have long cast a shadow over the cyber insurance market
Cyber War in Ukraine: Implications for the Global Cyber Threat Landscape

Cyber Warfare in Ukraine: Implications for Global Cyber Threat Landscape

The cyber warfare in Ukraine, a clash of titans in terms of cyber security, has considerable implications for the cyber threat landscape
How Does Cyber Security Hygiene Reduce the Risk of Cyberattacks?

How Does Cyber Security Hygiene Reduce the Risk of Cyberattacks?

Companies that have strong cyber security hygiene are reducing the risk of being targeted by cybercriminals. Investment in cyber security is crucial in this environment
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Solvency II for EU & UK Insurance: Review Are Approaching Completion

Solvency II for EU & UK Insurers: Review Are Approaching Completion

The multi-year reviews of Solvency II in the EU and the UK are approaching completion, despite the very different macroeconomic environment
New Trends in the Use Crypto by Criminals

New Trends in the Use Crypto by Criminals

Being at the forefront of helping businesses and agencies detect crypto crime, Elliptic routinely researches new trends in how criminals are using crypto for illicit activitie
US P&C Insurance Industry Generates Underwriting Losses

US P&C Insurance Generates Underwriting Losses in 1H2023

US P&C insurance industry continued to generate significant underwriting losses in 1H2023 despite strong premium growth
Tech-led Value Creation to Spur Company Growth. 3 Pillars by EY

Tech-led Value Creation to Spur Company Growth. 3 Pillars by EY

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