News

Sophos: Half Of The UAE Businesses Opt To Pay Ransom

  • July 8, 2025
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Sophos released its sixth annual State of Ransomware report, a vendor-agnostic survey of IT and cybersecurity leaders across 17 countries that studies the impact of ransomware attacks on businesses. This year’s survey found that nearly 50% of companies globally paid the ransom

Cyber Security News

Cryptocurrency Ransom Attack Payments Hit All-Time-High Of US$1 Billion

  • February 9, 2024
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After an encouraging decline in 2022, the ransomware landscape saw a major escalation in the frequency, scope, and volume of attacks, resulting in victims paying out over US$1.1 billion in cryptocurrencies to cyber criminals last year. The findings, which are part of Chainalysis’ upcoming 2024 Crypto Crime Report, also highlighted that ‘big game hunting’ — […]