Tag Archives: Ransomware

Paying Ransomware Can Now Get You Sanctioned By the US Department of the Treasury: Here’s How Wedge Can Help!

A big ransomware game changer came down the pipe on October 1st, from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)  as they issued a Ransomware Advisory alerting companies of potential sanctions risks for facilitating ransomware payments.  This has … Continue reading

Posted in Industry News, Latest Security News, Wedge News | Tagged , , , , , , , | Leave a comment

Wine and Spirits is Not Immune To Ransomware: Real-time Threat Prevention is Key to Securing Confidential Information

It’s turning out that Wine and Spirits will be potentially drowning their sorrows in drink as U.S. alcoholic beverages giant Brown-Forman was hit by a cyber attack recently.  In this attack, attributed to the Sodinokibi (REvil) ransomware operators, the attackers were found … Continue reading

Posted in Industry News, Latest Security News | Tagged , , , , , , , , | Leave a comment

Ransomware Partly to Blame for Company Being Forced Into Financial Restructuring: Could Your Firm be Next?

Just a brief blog today about the dire results of a ransomware attack that hit foreign exchange company Travelex.  Stemming a ransomware attack that hit the company in December 2019, in conjunction with the current COVID-19 pandemic, the company has been … Continue reading

Posted in Industry News, Latest Security News | Tagged , , , , , , | Leave a comment

Garmin Ransomware Attack: How Malware Had a Massive Effect on Global Positioning Services

An interesting ransomware case affected one of our co-workers recently as he went hiking in the Rocky Mountains.  This being that his Garmin GPS was out of commission as he was trying to navigate himself through the wilderness.  The good … Continue reading

Posted in Industry News, Latest Security News | Tagged , , , , , , | Leave a comment

Strange Measure of Success: Repelling a Ransomware Attack But STILL Having to Pay a Ransom

A very interesting article came across the wire recently that had us wondering how the measure of success has seemingly changed recently; especially as it pertains to preventing malware and, in particular, ransomware.  ZDNet posted an article outlining how Blackbaud, one … Continue reading

Posted in Industry News, Latest Security News | Tagged , , , , , , , | Leave a comment

Even AFTER a Ransomware Attack, Hackers Continue to Lurk on the Networks: Another Big Reason to Detect and Block This Activity BEFORE It Happens!

Ransomware continues to be a thorn in everybody’s side, with hackers continuing their unrelenting attacks despite the world being in the midst of a pandemic.  An interesting article from bleeping computer brought to light some interesting information that many organizations are not … Continue reading

Posted in Industry News, Latest Security News | Tagged , , , , | Leave a comment

Critical Infrastructure: Another Key Target for Ransomware Attacks

We’ve written about this in the past, especially after malware such as Stuxnet spread like wildfire a few years back in Critical Infrastructure organizations.  We also elaborated on the amount of damage that could be caused if control systems were compromised at … Continue reading

Posted in Industry News, Latest Security News, Wedge News | Tagged , , , , , , , | Leave a comment

Continuing with the Healthcare Industry, Here are Some of the Numbers…

As we covered Healthcare a fair bit last week, I just wanted to pass along some of the recent numbers that reflect the dire situation that the industry continues to find itself in.  Forbes published and article a couple of days … Continue reading

Posted in Unclassified | Tagged , , , , , , | Leave a comment

Healthcare Industry Still Under Siege: Why They’re So Bad at Cybersecurity and Why Backups are No Longer a Solution Against Ransomware

Over the weekend there were a couple of articles that popped out at me, mainly because it’s in an industry that we’ve been making strides to protect with our WedgeARP platform and our WedgeAMB product.  This industry is of course, … Continue reading

Posted in Industry News, Latest Security News, Wedge News | Tagged , , , , , , , | Leave a comment

Cyber Insurance Company Warning of 6X Increase in Ransomware Attacks: Not Just Healthcare is a Target

Wedge’s CFO recently forwarded me an article from the finance side of things that is painting an alarming picture. We’ve been talking a lot about how the Healthcare industry has been the main target of ransomware attacks but an article … Continue reading

Posted in Industry News, Latest Security News, Wedge News | Tagged , , , , | Leave a comment