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ransomware

42% of PH firms hit by ransomware in 2020, spent P40M in recovery cost

But, the propensity of Philippines organizations to pay the ransom (4%) is way lower than the worldwide average (32%), the report from Sophos said.

Study: Firms must pay $1,167 per customer hit by ransomware attacks

A new research study from software firm Veritas Technologies has found that consumers overwhelmingly believe businesses should stand up to hackers and refuse to pay ransoms.

Paying ransom doubles cost of recovering from ransomware attack: survey

Global survey shows the average cost of recovery is $1.4 million if organizations pay the ransom, $730,000 if they don’t.

174 cities hit by ransomware in 2019, says Kaspersky

2019 has been the “year of ransomware attacks on municipalities” according to Kaspersky security experts.

Report sees rise of hand-delivered, targeted cyberattacks in 2019

An ?interactive attack style,? where adversaries manually maneuver through a network step-by-step, is now increasing in popularity.

PH told to go beyond anti-virus solutions to combat ransomware

Defenses must evolve and match the attacks by cybercriminals as the world of technology is rapidly changing.
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