GDPR used by new ransom gang to extort victims
A new ransomware group Ransomed has emerged, using the GDPR fines to pressure victims into paying up, a tactic not observed before.
ransomware
UK Information Commissioner’s Office Issues Warning on Ransomware Payments
ICO and NCSC published a joint letter to remind the Law Society of England & Wales not advise clients to pay ransomwareif they fall victim to a cyber-attack.
We need a new strategy to tackle ‘exponential’ growth of ransomware, says Interpol
The International Criminal Police Organization, Interpol, has called for collaboration between police and industry to prevent a “potential ransomware pandemic”.
Bitcoin Is Actually Traceable, Pipeline Investigation Shows
The F.B.I.’s recovery of Bitcoins paid in the Colonial Pipeline ransomware attack showed cryptocurrencies are not as hard to track as it might seem.
Cyberinsurance giant AXA hit by ransomware attack after saying it would stop covering ransom payments
One week after the French branch of cyberinsurance giant AXA said that it would no longer be writing policies to cover ransomware payments, the company’s operations in Thailand, Malaysia, Hong Kong, and the Phillippines have reportedly been hit by a ransomware attack.
Ransomware attackers are now using triple extortion tactics
Attackers are not only demanding ransom from organizations, but also threatening their customers, users and other third parties.
Computer giant Acer hit by $50 million ransomware attack
Computer giant Acer has been hit by a REvil ransomware attack where the threat actors are demanding the largest known ransom to date, $50,000,000.
Making or Facilitating Ransomware Payments May Violate U.S. Sanctions
On October 1, 2020, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the […]
Woman dies during a ransomware attack on a German hospital
It could be the first death directly linked to a cybersecurity attack. Experts have been warning for years that this […]
Garmin global outage caused by ransomware attack
The WastedLocker ransomware, used by a notorious Russian hacking group, is said to be to blame. The incident began late […]
94% of Those Who Pay the Ransom Get the Data Back
According to The State of Ransomware 2020 global study conducted earlier this year on behalf of Sophos, organisations that decide […]
Bitcoin ransomware locks 10 years’ worth of government data in Argentina
Bitcoin-hungry hackers have attacked a data center in Argentina which houses local government files. The size of the Bitcoin ransom […]