Tag Archives: Ransomware

Is the Dazzling Future of the Smart City at Risk? How Can Smart Cities Protect Themselves Against the Effects of Ransomware?

The dazzling future of the Smart City; where governments are always connected -managing traffic lights, pollution control, and the power grid – all the way down to full home automation, from smart garage door openers, to your intelligent Google Nest … Continue reading

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Targeted Ransomware Attacks Are On the Rise and are Crippling Local Governments: How Can They Protect Themselves?

Targeted ransomware attacks being perpetrated on local government entities is on the rise. Although the ransoms demanded are often relatively small, typically under $100K, the overall costs to remediate the attack and the damages inflicted by downtime and decreased efficiencies … Continue reading

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Ransomware Attacks May Be Decreasing BUT Related Costs Are INCREASING!

Some good and bad news is coming out of the first quarter of 2019 regarding Ransomware Attacks. Dark Reading had some interesting statistics to share about the number of ransomware attacks decreasing. (Mind you, the verdict from the industry is … Continue reading

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“Spending $1 on Prevention Now Can Prevent $100 (Or More) in Remediation Costs Later” – Forbes Magazine

Forbes recently had another article on a ransomware outbreak that resonated with us here at Wedge Networks. Ransomware has been wreaking havoc on a growing number of municipalities as of late, taking down both essential and non-essential services and causing … Continue reading

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Norsk Hydro Ransomware A Week Later: What Is The REAL Target?

Going back to our previous blog on the ransomware attack that hit Norsk Hydro, in Norway, we’re hearing a bit more about the underlying piece of malware that was used in that attack, LockerGoga.  A brief article appeared yesterday on Fossbytes.com that … Continue reading

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Even With Adequate Backups in Place, Ransomware Hitting a Network Can Still Cause Disruptions and Have a Financial Impact

Ransomware is again in the news as of late; this time hitting one of the world’s largest aluminum producers, Norsk Hydro, in Norway.  As reported by Yahoo! Finance, Norsk Hydro was battling to contain a ransomware cyberattack yesterday that caused a … Continue reading

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Ryuk Ransomware – Still Netting CyberCriminals Payouts Through Attacks on Local Governments and Smaller Enterprises – So, What Should They Do?

Despite better security solutions now available to combat ransomware, old and new strains are still being utilized to great effect. The latest report from Bleeping Computer, is focused on the “Ryuk” ransomware, being used by a group in Eastern Europe … Continue reading

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How Wedge Can Prevent Your Organization From Becoming a Statistic

Statistics Canada (StatsCan) published a very telling statistic yesterday, as shown in a Globe and Mail news item stating that more than 1 in 5 Canadian businesses were hit by cyberattacks last year. The survey went on to inform that … Continue reading

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Wedge Partners With Spirent To Showcase Advanced Threat Prevention With Uncompromising Performance At Black Hat USA 2017

Live Testing With Brand New Malware Demonstrates WedgeAMB’s Superior Threat Prevention Abilities While Maintaining Greater Than 100 Percent Of Rated Throughput Performance Las Vegas, Nevada, July 26, 2017 –Wedge Networks, the leader in real-time network threat prevention, is showcasing Release … Continue reading

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Wedge Technical Services Bulletin: WedgeAMB Protection Against Erebus Ransomware

NAYANA, a major web hosting company in South Korea, has reportedly paid over 1.3 billion South Korean won (~ $1.15M USD) in ransom to secure a decryption key to unlock 153 Linux servers which affected the websites of approximately 3,400 … Continue reading

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