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Ransomware Brings Backup out of the Basement into the Boardroom

By design, data backup functions have traditionally been siloed and hidden away. But in the ever-evolving landscape of cybersecurity, the surge in ransomware attacks has brought backup and recovery functions into the light of top leadership and forced organizations to rethink their data protection strategies. No longer is data recovery just a technical necessity, but its also now a critical business continuity concern at the board level. Read more
Brad Linch
Brad Linch

Director of Enterprise Strategy

The Organizational Structure of Ransomware Threat Actor Groups is Evolving Before Our Eyes

As we approach the one year anniversary of two prominent ransomware group collapses (Lockbit and BlackCat/ALPHV), we find the ransomware ecosystem to be as fractured and uncertain as it did in the months following these events. The Ransomware-as-a-Service (RaaS) model remains irreversibly tarnished after the groups that pioneered this framework were exposed as being fraught with infighting, deception, lost profits, and compromised anonymity for their affiliates. Joint law enforcement actions over the last year have systematically impaired the resources ransomware actors depend on to operate. In the case of domestic threats, law enforcement efforts have even put a number of bad actors behind bars. While certain groups persist and new names continue to trickle in and out of the ransom-sphere, ... Read more
Bill Siegel
Bill Siegel

CEO & Co-founder of Coveware