A new ransomware group Ransomed has emerged, using the GDPR fines to pressure victims into paying up, a tactic not observed before.
ransomware
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.
The International Criminal Police Organization, Interpol, has called for collaboration between police and industry to prevent a "potential ransomware pandemic".
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.
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.
Attackers are not only demanding ransom from organizations, but also threatening their customers, users and other third parties.
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.
On October 1, 2020, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the risk of potential U.S. sanctions law violations if U.S. individuals and businesses comply with ransomware payment demands. OFAC’s advisory neither describes new penalties for ransomware payments nor expands existing law or provides new authority for […]
It could be the first death directly linked to a cybersecurity attack. Experts have been warning for years that this would happen. A woman in Germany died during a ransomware attack on the Duesseldorf University Hospital, in what may be the first death directly linked to a cyberattack on a hospital. The hospital couldn’t accept […]
The WastedLocker ransomware, used by a notorious Russian hacking group, is said to be to blame. The incident began late Wednesday and continued through the weekend, causing disruption to the company’s online services for millions of users, including Garmin Connect, which syncs user activity and data to the cloud and other devices. Source: Garmin global […]