SC Media Editor in Chief Jill Aitoro has 20 years of experience editing and reporting on technology, business and policy. She also serves as editorial director at SC Media’s parent company, CyberRisk Alliance. Prior to joining CRA, she worked at Sightline Media as editor of Defense News and executive editor of the Business-to-Government Group. She previously worked at Washington Business Journal and Nextgov, covering federal technology, contracting and policy, as well as CMP Media’s VARBusiness and CRN and Penton Media’s iSeries News.
Victims who have been unable to recover all of their data locked by the REvil ransomware group got a big assist Thursday, as Bitdefender announced the release of a free, universal decryption key to restore their files.
A new report by Sophos showed financial services organizations paid about $2.1 million on average to recover from a ransomware attack, about a quarter of a million dollars more than the global average of $1.85 million.