list of ransomware attacks 2020

The same report from Emsisoft indicates that the onslaught oil and natural gas company,” Trend Micro reports in “Drilling Deep: A Look at Cyberattacks on the Oil and Gas Industry.” The computers that were targeted in the attack contained a variety of sensitive and essential data. While threat actors focused on COVID-19 related ransomware attacks, business email compromise (BEC)  eased in Q1 2020. The February 8th, 2020 ransomware attack that took place on UK’s Redcar and Cleveland Council is said to have disrupted the company’s network, tablets, computers, and mobile devices for 3 full weeks. Ransomware Detections Skyrocket 543% and 820% in Katherine Keefe, Head of BBR Services, said: “Cybercriminals are preying on people’s heightened anxiety during this pandemic, tricking them into clicking and sharing links that steal information. Last Year. (764) were healthcare providers. Cognizant ransomware attack that occurred in April 2020 is said to have cost the company anything between $50 million to $73 million and this includes the legal and consultation costs, data recovery costs along with the financial loss expected to be reflected in the earnings of the second quarter in 2020. 13. (Source: Channel Pro) Security researchers have uncovered that year-on-year ransomware attacks are doubling in the number. More than 105 school districts, which include Unfortunately, ransomware attacks are nothing new or unique to 2020. Your work is refreshingly helpful! Some sources say that ransomware spiked 25% in Q1 2020 over the previous quarter. $157 Million Since 2016. In fact, KnowBe4 reports that the first known ransomware virus was created in 1989! In March 2020, the council released a press statement that it could take months for the recovery and might cost it anywhere between $14 million to $21 million. 2019. 16. Results from a survey in the same Datto report also indicates that 85% of managed service providers report ransomware attacks as the most common malware threat to small to mid-size businesses (SMBs). considered. However, the FBI and other industry experts estimate that the number of reported ransomware attacks is far lower than the number that actually occur due to a lack of reporting. Million. Ransomware articles are unfortunately often written by people that don’t understand anything about it. In a ransomware attack that took place on January 22nd of 2020, Tillamook County witnessed the disruption of its email network, websites, and phone systems along with 280 county’s workstations. was targeted by a ransomware group on February 6th of 2020, the authorities were forced to pay $250,000 in BTC for the recovery of data. Grubman Shire Meiselas & Sacks which offers legal consultation services to some of the reputed celebrities around the world were infected by file-encrypting malware developed by the REvil also known as Sodinokibi ransomware group which stole around 765GB of data and threatened the company to sell it online. Pfizers Inadvertently Exposes PII of U.S. While the hackers demanded $3 million in BTC, the authorities negotiated it and paid the cyber crooks $1.14 million approx in exchange for the decryption key. 2020 has been a roller coaster ride so far, and with all the news coverage of all the events that have impacted us (so far) ransomware has been sneaking into our world at a remarkable rate. 12. Business Disruption Is the Main Objective in 36% of The research findings are based on the number of security incidents reported to Beazley’s in-house breach response team Beazley Breach Response (BBR) Services. Definition, Types & Business Uses, Java Ransomware (Literally): Not Even Your Coffee Maker Is Safe, What Is Smishing? Ransomware Attacks Increased 41% in 2019. Pfizers Inadvertently Exposes PII of U.S. CTRL + SPACE for auto-complete. Ryuk, and Sodinokibi in the wild. This is an increase from 4% in 2018 to 15% in 2019. Here Are The Top Ransomware Threats in 2020: In a ransomware attack that took place on January 22nd of 2020. witnessed the disruption of its email network, websites, and phone systems along with 280 county’s workstations. Cost of Ransomware Attacks Surpasses $7.5 Billion in And authorities of the said company reportedly paid $500,000 to obtain a decryption key that was used to unlock the data stored on the servers- mostly related to US Military and Aegis, a company related to Lockheed Martin. 15% of Ransomware Victims Decided to Pay Up. Unfortunately, ransomware attacks are nothing new or unique to 2020. And in April this year, The Wall Street Journal stated that it paid $2.3 million in the form of 285 BTC to hackers to free up its locked data. that 6,649,713 patients were affected by ransomware attacks since 2016. However, the good news is that the county was covered by a cyber insurance policy and so most of the costs- say 85%- are expected to be paid by the insurance company. As you know, we like reporting on all types of cybercrime Q4 2019. example, some people look at the direct costs in terms of the ransom demands Here are some other interesting ransomware statistics were small and midsize businesses in 2019.

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