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Home - Archives for ISB Staff Reporter - Page 13

ISB Staff Reporter

ISB Staff Reporter

Dark Angels gang scores a record-breaking $75 million ransom

ISB Staff ReporterJuly 31, 20243 Mins Read

Over the past year, ransomware attacks have reached unprecedented levels of ambition and boldness, highlighted by a significant increase in extortion attacks. In fact, research from Zscaler ThreatLabz revealed an unparalleled ransom payout of $75 million – the highest ever paid by a single company, nearly double the previously known record. Moreover, last year, ransomware payments surpassed $1 billion, emphasizing the growing financial impact of these cybercrimes. According to the security giant, ransomware actors have become increasingly sophisticated and daring. They’ve pushed beyond the typical corporate targets, even threatening the children of executives to secure faster and higher ransoms. No…

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