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Majority of Chief Information Security Officers (CISOs) Consider Paying Cybercriminals to End Ransomware Attacks, According to New Absolute Security Research

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A new Absolute Security report reveals that 58% of Chief Information Security Officers (CISOs) would consider paying cybercriminals to end ransomware attacks, with operational downtime ranked as the most significant impact. The study also found that ransomware attacks often originate on endpoint devices, recovery times can be extensive—some taking up to two weeks—and many organizations still lack remote recovery capabilities despite widespread availability.

https://www.businesswire.com/news/home/20260512727565/en/Majority-of-Chief-Information-Security-Officers-CISOs-Consider-Paying-Cybercriminals-to-End-Ransomware-Attacks-According-to-New-Absolute-Security-Research

Will the Next Data Breach Cost You Your Freedom, Not Just Your Bonus?

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TLDR: Data breach consequences now include personal liability for executives, shifting focus from corporate fines to potential jail time. Recent SEC actions against company CISOs highlight the importance of proper risk documentation and transparency. Effective governance requires active risk management and clear communication between legal, IT, and compliance teams to prevent negligence claims.

https://programminginsider.com/will-the-next-data-breach-cost-you-your-freedom-not-just-your-bonus/

Cloud File-sharing Sites Targeted for Corporate Data Theft Attacks

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A threat actor, Zestix, is selling stolen corporate data from breaches of ShareFile, Nextcloud, and OwnCloud instances. The data, obtained through info-stealing malware, includes sensitive information from various sectors, posing security and national security risks. Hudson Rock, a cybersecurity company, has identified the breaches and notified the affected platforms.

https://www.bleepingcomputer.com/news/security/cloud-file-sharing-sites-targeted-for-corporate-data-theft-attacks/

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