US financial institutions spent nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating...
ransomware payments News
Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to...
LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove...
In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies...
WASHINGTON — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the...
More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following...
CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control...
Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or...
The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering...