Companies pay multiple ransoms as attackers step up threat levels

A new report from Semperis, based on a study of almost 1,500 organizations globally, shows that hackers are stepping up threat levels and ransomware is still a global epidemic. In 40 percent of attacks threat actors threatened to physically harm executives at organizations that declined to pay a ransom demand. US-based companies experienced physical threats 46 percent of the time, while 44 percent of German firms experienced similar forms of intimidation. Another interesting tactic is that 47 percent of attacked companies in the US, UK, France, Germany, Spain, Italy, Singapore, Canada, Australia and New Zealand reported that hackers threatened to… [Continue Reading]