WatchPoint Solutions Blog

It’s good to go about your business with an abundance of caution, but sometimes this abundance of caution can lead people to see threats where they simply do not exist. In cybersecurity, this is actually quite easy to see happening, as cybersecurity is such a multi-faceted topic. But how much do these false-positive security reports wind up costing organizations?

The ransomware attack against Kaseya’s VSA servers for approximately 1,500 organizations was yet another major challenge for businesses to overcome, and while most of the affected companies did not give in to the hackers’ demands, others felt forced to pay the ransom. The problem, however, is that some of those who did pay the ransom are now having trouble decrypting their data, and with REvil MIA, they do not have the support needed to decrypt their data.

The recent hack of Colonial Pipeline has led to no shortage of problems, chief among them gasoline shortages all across the east coast of the United States. The pipeline’s operations may have been restored, but the question still remains: what could have been done to stop it, what can we learn from this incident, and what changes can we expect to see as a result?

Ransomware attacks are notorious for their expense to the victim—largely because of the various costs that come along with successful ransomware infections, including many that might not be expected at first. Let’s review some of these costs, if only to reinforce the importance of avoiding ransomware as a rule.

When most of us think of cybercrime, we’re thinking about a lone hacker in a dimly lit room—or, at most, a few hackers hunched over their computers in a dimly lit room. However, to remain restricted to this impression would be inaccurate—particularly when you consider the very real threat that state-sponsored cyberattacks can just as easily pose.

2020 has brought us a lot of news that we’d rather not hear. Just days before the end of what may be regarded as one of the worst years on record, there is more. One of the largest hacks in the history of the Internet happened earlier this year and more is being learned about it each day. Today, we will tell you what we know, who it affected, and what your business needs to do to secure itself.