Chainanalysis, a data firm that specializes in blockchain information, has released a mid-year report on crypto crime. Ransomware comes out swinging So far in 2023, ransomware is the only type of cryptocurrency-based crime that has seen an increase...
SpireTech Company News and Tips
Ransomware
6 Ways Small Businesses Can Avoid Ransomware Attacks
During the course of the COVID-19 pandemic, cybercrime has seen an incredible 600% increase — and it’s not slowing down. This alarming trend means that proper cybersecurity implementation is more important than ever. A large number of these attacks are ransomware...
McMenamins Ransomware Attack
As you may or may not be aware, the well-known brewery and hospitality chain McMenamins suffered a data breach following a ransomware attack during the month of December. During the attack, threat actors stole business records, payroll and human resources data files...
Ransomware education and mentoring
Some of our employees just returned from a training session in Denver, CO – the first time we’ve attended such an event in person since Early 2020. Most of the discussion revolved around security and the persistent threat of ransomware. We...
Does your company have Cyber insurance?
Ransomware is a plague on businesses and insurers. Cyber insurance can provide protection in the event your business falls victim. However – we’ve heard insurance rates are going up across the board due to ransomware, and hefty payouts that insurers have...
Cybersecurity for small business: Ransomware
used with permission from FTC.gov., by Andrew Smith, Director, FTC Bureau of Consumer Protection Mention the word “ransomware” at a meeting of small business owners and you’ll feel the temperature in the room drop by 20 degrees. A ransomware attack is a chilling...
Defending against ransomware using system design
used with permission from Microsoft Secure, by Michael Melone, Principal Cybersecurity Consultant, Enterprise Cybersecurity Group Earlier this year, the world experienced a new and highly-destructive type of ransomware. The novel aspects of WannaCry and Petya were not...
7 tips to prevent ransomware
used with permission from Norton by Symantec Malicious software that uses encryption to hold data for ransom has become wildly successful over the last few years. The purpose of this software is to extort money from the victims with promises of restoring encrypted...
What does your business stand to lose in a cyber attack?
used with permission from Microsoft US Small and Midsize Business Blog Not long ago, I blogged here about a new type of cybercrime called ransomware. But when it comes to cyber crooks, apparently they’re also using some old-fashioned methods to breach businesses’...
Warning: New Petya ransomware outbreak similar to WannaCry is spreading worldwide
A new ransomware attack called Petya, PetyaWrap, or GoldenEye began spreading worldwide on June 27th, and it looks similar to the WannaCry outbreak in May. It targets Microsoft Windows operating systems and so far reports show that all systems from XP to Windows 10...