Ransomware
Ransomware hackers netted $1.3 billion in the last two years
According to a report published by Chainalysis Inc, hackers launching and spreading ransomware malware are estimated to have netted over $1.3 billion in the past two years, i.e. 2020-2021. The firm that keeps a track of blockchain transactions said that the profits seen in 2021 were $602 million and $692 million the previous year. Well, […]
Ransomware attacks are changing tactics and might prove costlier to victims
All these days, we have discussed the ransomware gangs and their techniques to trap victims. But now, you are going to read some information that might inflict fears in those technologically managing SMBs. According to an analysis offered by Cybersecurity firm Coveware, the cost of launching a ransomware attack has increased by 60% in recent […]
Ransomware news trending on Google
1.) A Taiwan-based electronics firm named Delta Electronics was hit by a ransomware attack on January 22nd, 2022, affecting its admin operations to the core. Delta that supplies hardware parts to other businesses such as Tesla, Apple Inc, Dell, and HP disclosed that Conti Ransomware gang was behind the attack on its servers and recovery […]
Ransomware hits Grandparents and TikTok Scams target young adults
According to a research conducted by Avast, grandparents aged between in 55 to 64 are being targeted mainly by those spreading ransomware, tech support scams, spyware and botnets. Whereas, the younger generation was being hit by TikTok scams that mainly spread malware, spyware, adware and data, stealing Trojans to mobiles. The reason the older and […]
Canada man arrested for launching malware attacks on United States
In a joint operation conducted by Ontario Provisional Police (OPP) in coordination with US FBI and Royal Canadian Mounted Police (RCMP), an Ottawa based person was arrested for launching sophisticated ransomware and espionage related malware attacks on governments, businesses and individuals based in Canada and United States. As per the details available to our Cybersecurity […]
UK witnesses an increase in ransomware attacks from Russia
UK’s National Cyber Security Centre (NCSC) has released a press update stating that it has witnessed a surge in ransomware attacks from Russia over the last year. The British Cybersecurity Agency adds it has witnessed a record number of 777 cyber incidents throughout 2020, with most targeting the servers related to Corona virus vaccine research […]
US to fight Ransomware Attacks with Israel
After issuing a trade ban on NSO Group for indulging in spying across the globe through its in-house developed Pegasus Spying software, the United States has signed a new cybersecurity initiative with Israel to fight against those spreading ransomware. According to the latest press release, the two allies will join forces to block ransomware spread […]
Ransomware news trending on Google
First is the news related to a ransomware attack on a Candy maker that trade experts say could lead to chocolate scarcity when it is most needed by/for kids. And with only few days left for events such as Trick and Treat and Halloween night, Candy maker Brachs is making all arrangements that the malware […]
US businesses lost $21 billion to ransomware attacks
US businesses reportedly lost $21 billion in a series of ransomware attacks propelled downtime that took place last year. And the results were released by a survey carried out by research firm Comparitech After analyzing information from several resources such as data breach reports, IT news bits, and some reporting tools by states, researchers from […]
Joe Biden to unite 30 countries against Ransomware Cyber Threats
US President Joe Biden’s administration has plans to unite over 30 nations to launch a collective fight against ransomware threats and other cyber crime. The meeting is said to take place only by the end of this month and will be hosted by the White House’s National Security Council on a virtual note. Highly placed […]
