Tag: #incidentresponse
Top cybersecurity companies are instrumental in mitigating the financial toll of cybercrime, a growing concern as global cybercrime damage costs are projected to hit $9.5 trillion USD annually by 2024, according to Cybersecurity Ventures. This staggering figure breaks down to $793 billion USD per month and $182.5 billion USD every week, highlighting the urgent need […]
The Bassett Furniture ransomware attack has forced the company to shut down its manufacturing facilities, causing significant operational disruptions. Bassett Furniture Industries, one of the largest furniture companies in the U.S., had to shut down its manufacturing facilities following a ransomware attack that began last week. The ransomware attack on Bassett Furniture significantly disrupted its […]
On June 23rd, 2024, the LockBit ransomware group made a bold claim to have breached the Federal Reserve’s systems on their leak site. They stated they possessed “33 terabytes of juicy banking information containing Americans’ banking secrets, “a claim later found to be false. The ransomware group further alluded to ongoing negotiations, stating they received […]