Halcyon

Halcyon Announces the Addition of Data Exfiltration Prevention (DXP) to Anti-Ransomware Platform... Combined with the Halcyon Anti-Ransomware Platform, the Data #Exfiltration Prevention capabilities offer first-of-its-kind detection and prevention from costly #ransomware attacks: - Identification of suspicious data movements associated with #ransomware - Early warning that an attacker has made it past existing security controls - Zero customer configuration or tuning needed out of the box - Easy integration with modern #EDRs for triage and investigation https://lnkd.in/gHWP2fqC #cybersecurity #infosec #security #cyberattack

Successful extortions? Find out in the latest Power Rankings: Ransomware Malicious Quartile Q1-2024 report: https://lnkd.in/gp2YxPeY #infosec #security #cybersecurity #cyberattack #ransomware

Want some Wednesday Webinar Wisdom? Join Dell, Mayo Clinic, and Halcyon, this Wednesday, August 28th to chat Cyber Resiliency Best Practices. Gain some strategic insights for your #cybersecurity #incidentresponse plan.

What Role Does a Tabletop Strategy Play in Preparing for a Ransomware Attack? It should play a big role, but often it does not in companies. Tabletop exercises – essentially security incident preparedness activity, where participants will go through the process of dealing with a simulated incident scenario – help to inform the overall cybersecurity strategy. Conducting simulated attacks should be a norm for companies. But as Ben Carr, Ryan Golden, and Anthony M. Freed discuss in our Last Month in Security podcast, too often exercises are not happening or if they are, they don’t include the right stakeholders or even the right considerations, some of which could include: -Do you have a Bitcoin wallet set up in case you are attacked, and you have to pay ransom? -Do you have a PR agency that’s experienced in cybersecurity and could put out a statement if needed? -Do you have the right legal representation in place that understands cyber and not just business contract negotiation? When a ransomware attack actually happens – what you think you were going to do may be very different than what you will do because, as Ben says, “the concept of having something bad happen, and then something bad actually happening – you’re dealing with an emotional component that wasn't present in the forethought.” Check out our full podcast, linked below in the comments. #ransomware #cybersecurity #CISO #infosec

Last week in ransomware news Halcyon saw a new report indicating we are “on track for the worst year on record for #ransomware,” UK IT services provider fined over NHS attack, and Enzo Biochem fined $4.5M for poor #security ... #cybersecurity #cyberattacks #infosec #halcyon #ransomwareattacks

A prolific #RaaS? Find out in the latest Power Rankings: Ransomware Malicious Quartile Q1-2024 report: https://lnkd.in/gp2YxPeY #infosec #security #cybersecurity #cyberattack #ransomware

According to the World Economic Forum, 80% of ransomware attacks in 2022 involved double extortion – doubling from just 40% in 2019. This jump is not surprising. Exfiltrating sensitive and personal data greatly increases the chance that an organization will pay ransom. Because if they don’t, RaaS groups will leak the stolen information publicly or threaten to sell it on the Dark Web – bringing a host of legal, financial, and regulatory repercussions. Which means most, if not all, ransomware attacks will morph to double-extortion attempts. This is why Halcyon has added Data Exfiltration Prevention (DXP) to our Anti-Ransomware Platform. As our CEO, Jon Miller, discusses, the complexity, cost, and scale of DLP and Insider Threat tooling and programs have simply been out of reach for all but the most sophisticated and well-funded defenders. DXP, combined with Halcyon’s Anti-Ransomware Platform, offers first-of-its-kind detection and prevention from ransomware attacks with: -Identification of suspicious data movements associated with ransomware -Early warning that an attacker has made it past existing security controls -Zero customer configuration or tuning needed out of the box -Easy integration with modern EDRs for triage and investigation Check out our webinar on demand to learn more about DXP: https://lnkd.in/eCEZQN8m #ransomware #cybersecurity #cyberattack #infosec

Join us and let’s talk #resiliency! #Ransomware attacks pose a threat to organizations of all sizes, emphasizing the need for a robust strategy in both prevention and recovery. Join our upcoming webinar on Wednesday, August 28th at 10am CST, to discuss Cyber Resiliency Best Practices in today’s dynamic threat landscape. ⭐ Webinar Topics: • Ransomware-as-a-Service • Incident Response Plan • Key Metrics for Cyber Resiliency • Cyber Insurance Risk Profile ▶ Secure your spot now and gain valuable insights! ◀ #cybersecurity #ransomwareattacks #cyberattacks #infosec #threatlandscape #cyberthreats

Ransomware Payouts: “Firmly on Track for the Worst Year on Record” - More than $459 million was extorted from victims of ransomware attacks in the first half of 2024 - This is a $10 million increase in the amount of money earned from those criminals compared to last year’s figure of $449.1 million - A new record ransom payment of $75 million was confirmed by other blockchain analysts Organizations that fail to invest in #resilience will nonetheless continue to contribute to the multi-billion-dollar machine that is the #Ransomware #Economy... https://lnkd.in/gKBjJbuZ #cybersecurity #infosec #security #cyberattack

What are the Considerations when Paying Ransom in the Event of an Attack? Paying ransom is not an easy decision for any organization. The amount can reach tens of millions of dollars. And there is no guarantee that even if the ransome is paid, companies can restore their files, get exfiltrated data back, or feel assured that sensitive data – even if “returned” – won’t be leaked on the Dark Web. When it comes down to restoring operations in mission-critical industries, such as healthcare or finance, organizations may be left with little choice other than to pony up the payment. But are there repercussions to paying ransom from a legal and regulatory standpoint? The short answer is yes. As our Chief Security & Trust Officer, Ben Carr, discusses, paying a ransom, resuming operations, and moving on from the ordeal is not as clear-cut as organizations might hope. Even if the ransom is paid, it doesn't negate regulatory responsibilities around the data that was accessed or exfiltrated, even if it is returned or deleted. While paying a ransom is not typically an illegal act, there are some cases where it could be seen as funding criminal activities or even violating OFAC regulations, depending upon the jurisdiction and the nature of the specific attack. While short and long-term monetary consequences may be top of mind when paying a ransom – the legal, regulatory, and reputational risks must also be considered. #ransomware #BOD #CISOconcerns #cybersecurity #cyberattack #ransompayment #infosec