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Paying a ransom is no joke. Being victimized by ransomware can leave you breathless and concerned for the future of your business, and anyone who would inflict this type of harm cannot be trusted. You are dealing with criminals, although [...]
In the wake of the recent and widespread SolarWinds attack that compromised U.S. government agencies, as well as the increase in cyber activity across all industries and organizations, CompTIA has established an Cybersecurity Advisory Council that aims to provide cybersecurity [...]
And if your firm buys cyber breach insurance, will the insurance pay? There are many stipulations in regards to qualifying for cyber breach insurance. Most insurance companies require you to affirm a Statement of Fact and Fraud Warning. When [...]
Since each ransom attack varies so much, it is tough to answer what exactly the typical ransomware payment is. It is also difficult to pinpoint the exact number of ransomware gangs that are active, but it is certainly a large amount.
In August of 2018, I shared an opinion about the value of cyber breach insurance. I was not very fond of it, at least not at the time given the typical insurance company terms vs. the typical cost of the risk at the time. Here is that opinion – Should I buy cyber insurance?
Last month, Alvaka COO and CISO, Kevin McDonald, sat down with the Miles Jobgen of the CompTIA Biz Tech Podcast to share his experiences with rescuing and restoring clients from ransomware—the most dangerous threat to IT solution providers today. He [...]
The following is a guest blog written by Ciaran Foley of XeneX. Ciaran discusses the current and future state of cybersecurity, including the big business of enterprise-scale ransomware operations. As a Corporate Executive or Board Member, you may never [...]
Alvaka Networks President and CEO, Oli Thordarson, recently answered some questions posed by John Edwards for a story he is writing for TechTarget. Oli’s personal thoughts and experiences are based on over 35 years working in the IT profession—and alongside [...]
In the cat-and-mouse world of ransomware and cybersecurity, with businesses and governments needing to place two steps between them and cybercriminals, comes a new obstacle – Ransomware-as-a-Service. Dharma, a cybercriminal firm, provides, “one of the most popular offerings around, saying [...]
An evolving threat Ransomware now has a frightening new threat: preventing your ability to recover from backups. At Alvaka Networks, we are currently involved in some of the largest ransomware recovery projects, both insured and uninsured. The most sinister [...]
