ransomware
Downtime has become a $600 billion business problem
The average cost of downtime has reached $600 billion for the Global 2000, a 50% increase in two years. According to Splunk’s The Hidden Costs of Downtime report, unplanned …
The new economics of fraud: Cheaper, faster, more convincing
Scams have become one of the fastest-growing consumer risks, driven by AI-enabled impersonation, social engineering, and sophisticated attack methods, according to Visa’s …
Authorities dismantle First VPN, used by ransomware actors
First VPN, a virtual private network service marketed to cybercriminals, promising anonymity for its users, was taken offline on May 19 and 20 as part of Operation Saffron. …
Verizon DBIR: Vulnerability exploitation is the dominant initial access vector
Vulnerability exploitation has overtaken stolen credentials as the most common way attackers gain initial access to target networks, according to the 2026 Verizon Data Breach …
When ransomware hits, confidence doesn’t restore endpoints
Ransomware, supply chain vulnerabilities, insider threats, compliance failures, and software disruptions remain major concerns for security leaders, according to The …
Over 70% of organizations hit by identity breaches
Attackers rely on stolen credentials, compromised service accounts, and social engineering attacks targeting employees, according to Sophos’ The State of Identity Security …
Conti ransomware gang member sentenced to 102 months in prison
A Latvian national who was part of a major Russian ransomware organization that stole from and extorted more than 54 companies has been sentenced to 102 months in prison. …
Multiple threat actors actively exploit cPanel vulnerability (CVE-2026-41940)
The situation around the critical cPanel authentication bypass vulnerability (CVE-2026-41940) has deteriorated significantly since our initial coverage. Exploratory probing …
Two cybersecurity pros get prison time for helping ransomware gang
Two American cybersecurity professionals were sentenced to four years in prison for facilitating BlackCat ransomware attacks in 2023. They pleaded guilty in December 2025 to …
Buggy Vect ransomware is effectively a data wiper, researchers find
Due to a bug in the ransomware, affiliates of the Vect Ransomware-as-a-Service operation are irretrievably encrypting victims’ data. “Victims who pay the ransom …
Ransomware, fraud, and lawsuits drive cyber insurance claims to new peaks
The 2026 InsurSec Report from At-Bay, covering more than 100,000 policy years of claims data, documents a 7% year-over-year rise in overall claim frequency and an all-time …
Ransomware negotiator admits role in attacks he was hired to resolve
A Florida man, formerly employed as a ransomware negotiator, pleaded guilty to conspiring to carry out ransomware attacks against US companies. Prosecutors say Angelo Martino, …
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