HomeTeamNS Servers Targeted in Ransomware Attack, No Data Breach Detected
Some HomeTeamNS servers were compromised by a ransomware attack, as reported on March 3. The incident was discovered on February 25, impacting servers that stored data of current and former employees, alongside vehicle details of members and affiliate members. A ransomware attack can often lead to a data breach, exposing sensitive information to malicious actors. HomeTeamNS took immediate action by disabling and isolating the affected servers from its IT network. In a statement, they mentioned, “At this time, there is no evidence of data extraction, but we are monitoring closely.” The organization emphasized the importance of protecting stakeholders' personal data and has engaged third-party cybersecurity experts to investigate the breach. They are collaborating with the police and the Cyber Security Agency of Singapore for further remediation efforts. In ransomware incidents, malicious actors typically encrypt files on servers and demand a ransom for their release. HomeTeamNS reassured its members that they have contacted those affected to assist in minimizing the impact from phishing or unauthorized transactions. For more information on ransomware trends and protection, visit BlackFog's Ransomware Report or read about the state of cybersecurity in Singapore.
Cybersecurity Insights and Trends
Ransomware in 2025: Key Stats & Trends
- 90% of organizations faced ransomware in 2024, similar to 2023. More reported severe damage and data loss.
- 75% paid the ransom but didn’t get their data back—7% higher than in 2023. Finance, healthcare, and life sciences were hit hardest.
- 57% of healthcare organizations suffered ransomware in the last three years, with 25% halting operations and 60% facing major disruptions.
- 92% of companies plan to increase cybersecurity budgets in 2024.
- 59% faced ransomware attacks in 2024, a slight drop from 66% in previous years.
- 94% of victims said hackers tried to compromise their backups.
- Only 25% avoided ransomware in 2023, while 49% were hit 1-3 times and 26% faced four or more attacks.
- Gartner predicts IT budgets will grow by 3.5% to combat cyber threats.
- 97% of companies relied on third-party vendors for recovery, including security software providers and forensic experts.
Ransomware remains a top cybersecurity threat—businesses must stay proactive
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