Since its emergence in December 2020, Everest has claimed responsibility for breaching more than 200 organizations across five years of operations. Seventy-three percent of those victims are located in the United States. But the group's evolution from traditional ransomware operator to a hybrid…
The ransomware economy has operated on a simple premise for the better part of two decades: attackers encrypt corporate data, victims pay for the decryption key, and business eventually resumes. That implicit contract, as distasteful as it may be, has at least offered organizations a path to…
When a Fortune 500 financial services company deployed a state-of-the-art Security Orchestration, Automation, and Response (SOAR) platform last year, executives expected to see immediate relief for their overwhelmed security operations center. Instead, six months and $1.8 million later, analyst…
The Sinobi attack represents a troubling evolution in ransomware operations. Rather than targeting companies directly, criminal groups are increasingly compromising the trusted third parties that maintain corporate networks. These managed service providers often hold privileged access to dozens or…
The group responsible, Qilin ransomware, represented something new in the criminal ecosystem: a ransomware operation so sophisticated and profitable that it now offers its affiliates access to legal counsel for ransom negotiations. By 2025, the group has logged more than 700 victims and…
As cyberattacks increasingly target municipalities and mid-sized businesses, security experts warn that preparation, not just prevention, is the difference between recovery and ruin.
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