Showing only posts tagged Coveware. Show all posts.

Ransomware victims are refusing to pay, tanking attackers’ profits

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Enlarge / Holding up corporations, utilities, and hospitals for malware-encrypted data used to be quite profitable. But it's a tough gig lately, you know? (credit: ifanfoto/Getty Images) Two new studies suggest that ransomware isn't the lucrative, enterprise-scale gotcha it used to be. Profits to attackers' wallets, and the percentage …

Don’t Wanna Pay Ransom Gangs? Test Your Backups.

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Browse the comments on virtually any story about a ransomware attack and you will almost surely encounter the view that the victim organization could have avoided paying their extortionists if only they’d had proper data backups. But the ugly truth is there are many non-obvious reasons why victims …

A Closer Look at the DarkSide Ransomware Gang

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The FBI confirmed this week that a relatively new ransomware group known as DarkSide is responsible for an attack that caused Colonial Pipeline to shut down 5,550 miles of pipe, stranding countless barrels of gasoline, diesel and jet fuel on the Gulf Coast. Here’s a closer look …