Responding to Ransomware: A Q&A with David Shear of Vigilante It’s not enough to acknowledge the threat of ransomware—companies need to be positioned to communicate with threat actors (whether directly or indirectly), contain damage and minimize business interruption associated with this increasingly common form of cyberattack. I talked to David Shear, threat data governance and…

Over the past 18 years at NetDiligence, we’ve often been asked about the future of ransomware. And the truth is that even after 18 years in this space, no one can fully predict what will happen. Even when ransomware became more widespread during the 2000s, no one could have imagined the current magnitude of the…

Ransomware is a type of malware designed to block access to a computer system until a sum of money is paid. Typically, a ransomware attack starts with an innocent-looking email with an infected link or fake document attached. In fact, the average company received a whopping 90% of their detected malware through email, according to…

As IT systems and data play increasingly important roles in business, opportunities for cybercriminals continue to grow. For the first time, the annual Allianz Risk Barometer Report found cybercrime to be the number one concern for companies around the globe. The increase in concern over cybercrime coincides with a rise in the number of ransomware…

A Q&A with Prem Ananthakrishnan of DruvaRansomware is a growing cyber risk threat impacting organizations in all sectors. Having a cloud-based backup solution in place can help organizations mitigate this exposure, promote business continuity in case of a security event and avoid paying a ransom. In this Q&A, Prem Ananthakrishnan of Druva explains how.

A Q&A with Winston Krone, Kivu Unfortunately, for now, it appears that ransomware attacks, wherein hackers encrypt data and hold the decryption key for a sum of money, are here to stay. That leaves the attacked organization with a tough quandary: whether or not to actually give in to the criminal’s demands. We talked to…

A Q&A with Sherri Davidoff, CEO of LMG Security and BrightWise, Inc. One of the most disturbing developments in financial cybercrime is the advent and increasing popularity of banking Trojans, which pose a grave risk to both consumers and financial organizations. To find out more about banking Trojans and how to avoid them, we spoke…

A Q&A with Bill Siegel of Coveware Given the prevalence and sophistication of ransomware—not to mention the financial stakes involved in these exploits—it’s no longer wise to leave delicate negotiations to internal staff. We spoke to Coveware’s CEO and cofounder Bill Siegel about the nuances involved in handling threat actors and why having data at…

A Q&A with Chris Nyhuis of Vigilant Technology SolutionsCyber security threats are always evolving, but in the last six months, a vicious new breed of ransomware attack has emerged, powerful enough to take down an enterprise organization. To learn more about it, we talked to Chris Nyhuis, President and CEO of Vigilant Technology Solutions, an…

A Q&A with Asaf Cidon of Barracuda The recent reports about Popcorn Time—a ransomware attack that involves a Ponzi scheme encouraging targets to in turn spread the malware to contacts—show that criminals are becoming ever more creative in their approaches to cybersecurity exploits. I spoke with Asaf Cidon, VP of Content Security at Barracuda about…