Ransomware has always been more than a technical risk—it’s a business, a weapon, and a psychological warfare tool. In my previous Forbes article titled “Ransomware on a Rampage; a New Wake-Up Call,” I ...
Forbes contributors publish independent expert analyses and insights. Wishart-Smith is a board director covering leadership and innovation. Ransomware continues to dominate headlines as one of the ...
Ransomware looked like it was on the decline in 2022, but a recent report by Chainalysis showed a significant rebound in 2023 — so much so that it was the most profitable year for ransomware seen so ...
As cybercrime surges around the world, new research increasingly shows that ransomware is evolving as a result of widely available generative AI tools. In some cases, attackers are using AI to draft ...
The new Akira ransomware operation has slowly been building a list of victims as they breach corporate networks worldwide, encrypt files, and then demand million-dollar ransoms. Launched in March 2023 ...
Ransomware is a type of malicious software that makes a victim’s data, system or device inaccessible. It locks the target or encrypts it (converting text into an unreadable form) until the victim pays ...
Ransomware is a big threat to organisations of all sizes. According to one piece of research, around two-thirds of disaster recovery incidents are a result of ransomware. Meanwhile, firms take an ...
On 29 August 2025, Huntress analysts encountered a previously unseen ransomware variant called “Obscura.” This name was taken from the ransom note (README_Obscura.txt), which also made several ...
The recent spate of ransomware payments cannot be the best use of cybersecurity budgets or shareholder capital, nor is it the best use of insurance industry funds. So, why are companies paying and ...