Royal Mail’s recovery from ransomware attack will cost business at least $12M

Royal Mail’s parent International Distributions Services has revealed for the first time the infrastructure costs associated with its January ransomware attack.… LockBit’s attack has driven costs up across various areas of the Brit business, but improvements to the corporation’s Heathrow Read More …

After a Cyber Attack: Dos and Don’ts for Higher Education IT Staff

For most colleges and universities, it’s a question of when, not if, they will experience a cyber attack. Here are seven key considerations for handling the aftermath of a breach. There is a treasure trove of sensitive and valuable information Read More …

New ESXiArgs ransomware version prevents VMware ESXi recovery

New ESXiArgs ransomware attacks are now encrypting more extensive amounts of data, making it much harder, if not impossible, to recover encrypted VMware ESXi virtual machines. Last Friday, a massive and widespread automated ransomware attack encrypted over 3,000 Internet-exposed VMware Read More …

Lloyd’s says cyber-attack could cost $120bn, same as Hurricane Katrina

Lloyd’s of London has warned that a serious cyber-attack could cost the global economy more than $120bn (£92bn) – as much as catastrophic natural disasters such as Hurricanes Katrina and Sandy. Published two months after a ransomware cyber-attack that hobbled Read More …

Why is incident response automation and orchestration so hot?

I couldn’t attend the RSA Conference this year, but many cybersecurity professionals and my ESG colleagues told me that incident response (IR) automation and orchestration was one of the hottest topics in the halls of the Moscone Center—through the bar Read More …