Tag Archives: WedgeAMB

Over 1/4 of UK Firms Have Been Victims of Ransomware Over the Past Year: Could These Attacks Have Been Prevented?

A recent InfoSecurity Magazine article was published recently that highlighted how dire the Ransomware situation is getting; particularly in the UK.  According to figures released by data backup firm Databarracks, over 28% of UK organizations have been hit by ransomware over the past … Continue reading

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The Ransomware Tsunami Is Coming! Is Your Municipality Prepared When It Hits?

We’ve seen it.  We’ve been blogging about it.  Ransomware is on the rise…and it is hitting municipalities hard.  Multiple cities in Florida have been hit and have paid out hundreds of thousands of dollars in bitcoin, against law enforcement recommendations. … Continue reading

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Smart Grids – the Next Big Attack Vector to Pull Down a Country’s Smart Grid Could be Your WiFi-enabled Thermostat! Here is How to Protect the Grid…

While Argentina and Uruguay are still reeling from a massive blackout that left nearly 50 million citizens without power over the weekend, we still cannot rule out cyberattack as being the reason. The integrated nature of the regional grid meant … Continue reading

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The Best Defence Against Ransomware? Don’t Get Infected…

It looks like the the idea of “Detect and Block” vs “Detect and Remediate” is gaining traction out there.  This is a welcome sight for us here at Wedge as we continue to espouse the idea that it is better … Continue reading

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…And Another Municipality Falls to Ransomware…

Ransomware attacks against municipalities have been hitting various cities around the U.S. as of late. We saw the Ryuk malware hitting Jackson County and provided an overview of how various ransomware strains are hitting governments across the globe, however, Spiceworks … Continue reading

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Equifax Downgraded: Financial Costs of Cyber Attacks Far Outweigh Actual Ransom or Remediation

Who watches the watchers? It was very telling to read the news recently on (ZDNet, Forbes) highlighting the downgrade of credit monitoring agency Equifax by credit ratings agency Moody’s (Moody’s lowered Equifax’s outlook from stable to negative last week (May … Continue reading

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Warning Investors of Cyber Security Risks to a Business’ Operations, Profitability and Share Performance – The New Norm?

This article from ZDNet was of particular interest to us as a Network Security Company and really hit home how much potential financial impact Cyber-Attacks can have on any and all private and publicly listed companies. The cloud-based team collaboration … Continue reading

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Weaponized Word Documents: Block Them BEFORE They Enter Your Network

A recent article, this time from GBHackers, brings to light yet another way that hackers are getting quick and easy gains – Banking Malware.  Banking malware, in this case the Emotet variety, is a banking trojan that can steal key personal information used for online banking such … 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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