Cyber Insight

ransomware

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Disturbing victor in 2022 business risk survey

It was expected that the effects of the Covid-19 pandemic and surges in Delta and Omicron infections would have resulted in Business Interruption (BI) maintaining its top spot in the 2022 rankings of the acclaimed Allianz Risk Barometer survey. The annual Allianz survey and subsequent report identifies the top corporate risks expected for the next 12 …

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Ransomware Image

Does ransomware’s evolution point to a cybercrime apocalypse?

One of the first ransomware attacks ever documented was the AIDS Trojan – also known as the PC Cyborg Virus. Conceived in 1989, it was released on 20,000 infected floppy diskettes labelled “AIDS Information – Introductory Diskettes” and disseminated to attendees at the World Health Organization’s AIDS conference in Stockholm.   The trojan hid directories …

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