Photo: Deccan Herald
56% Firms Face Ransomware Attacks; $1.1 Mn Average Ransom Paid: Survey
Global Security Attitude Survey led by Cybersecurity company CrowdStrike has discovered that out of 2,200 respondents from around the world, 56% have faced ransomware attacks. Notably, in 2019, the figure was 42%. Besides, 27% of the victims have paid an average ransom of $1.1 million to retrieve data. In addition to it, 73% of respondents fear nation-backed attacks, especially from China. Moreover, 83% of the 300 Indian respondents fear… read-more
Tags: Technology, Ransom Attack, Cyber Attack, China
Courtesy: The Indian Express
Photo: BLUETIE
PTI Services Down For Hours As Servers Face Ransomware Attack
India's premier news agency Press Trust of India's services were down for hours as it recently suffered a ransomware attack. The ransomware, identified as 'LockBit', breached the agency's server at 10 PM on October 24. Reportedly, 'LockBit', whose origin is unknown, stopped delivery of PTI news to subscribers and demanded ransom to resume services. However, PTI stated the services were resumed by 9 AM on October 25 without paying any ransom… read-more
Tags: cybercrime, Ransom Attack, PTI, LockBit
Courtesy: The Hindu BusinessLine
