Ransomware operators are demanding more if they see their victim has cyber-insurance Companies with cyber-insurance usually pay higher ransom demands Those with a backup solution are less likely to ...

Still, 2021 saw a ransomware group issue the largest publicly known ransom demand to date following a monumental ransomware attack that impacted as many as 1,500 businesses. The groups behind two ...

An $80 million extortion demand to CDW by the cybercriminal gang LockBit is the third largest known ransom demand to date, an expert said. IT solution provider giant CDW, No. 4 on CRN’s 2023 ...

Los Angeles Unified School District has received a ransom demand from the hackers who targeted its data system and disrupted its website on Sep. 3. Superintendent Alberto Carvalho would not disclose ...

LockBit said its original ransom demand of £65.7 million was equivalent to 0.5% of Royal Mail International's revenue, and suggested that it was a reasonable sum, given that it was less than the ...