Ransomware

Ransomware attack on Winnipeg Mattress and Furniture Store

A mattress and furniture store named Best Sleep Centre located in Winnipeg is said to have become a victim of a ransomware attack. Hackers reportedly locked down the database of the store and demanded a cryptocurrency of 0.6 bitcoins or $6000 in Canadian currency in exchange for the decryption key. David Keam, the owner of […]

Top 5 Security events of 2018

The first half of 2018 was hit with some notable security events just days into the new year. And, unfortunately, these vulnerabilities are just getting started and are expected to get stronger and pose an even bigger threat. Here are the top five threats that we’ve seen in the first half of 2018: 1.       Meltdown […]

Liberty Insurance of South Africa becomes Cyber Attack Victim

South Africa based insurance company ‘Liberty’ has made it official that it became a victim of the cyber attack on Sunday. But the company’s CEO David Munro has assured that none of his firm’s customers have witnessed financial losses due to the possible ransomware attack. As per the details available to Cybersecurity Insiders, hackers capsized […]

GandCrab Ransomware locks down Microsoft partner Software Objectives database

Software Objectives, a Melbourne based software consultancy firm has officially disclosed early today that its database has been locked down by ransomware spreading scammers. A media statement released by the said Microsoft partner on June 6th,2018 says that the firm is being blackmailed by the scammers who are demanding an astronomical sum in DASH Cryptocurrency. […]

UK decides to name and shame Countries which are behind cyber attacks

The United Kingdom has finally decided to name and shame all those countries which are trying to launch or have launched cyber attacks on its critical infrastructure. The names include Russia, North Korea, and other states which are alleged to be behind the cyber assaults on Britain’s infrastructure on a previous note. UK’s Attorney General […]

We are completely misinterpreting Ransomware

Ransomware is a kind of malware which locks down computer files from access until a ransom is paid in Bitcoins or in other cryptocurrency variants such as Monero. As it is proving profitable, hackers are seen deploying it left and right. “Coming to the malware influence on human minds, it’s huge and is being considered […]

Verizon Wireless acknowledges Ransomware as a most popular form of malware

Verizon Wireless in its latest Data Breach Investigations Report (DBIR) has confirmed that ransomware has become the most popular form of malware in 2017 and has doubled up in existence in the past couple of years. What’s more apprehending is that firms are still not investing in security strategies to tackle ransomware. Meaning they are […]

Pyramid Mountain Lumber database gets infected with Ransomware

On March 15th, 2018 the entire network of Pyramid Mountain Lumber got infected with ransomware resulting in the encryption of all the files in the database. The cyber crooks who inducted the malware are said to have demanded more than $10,000 worth of bitcoins cryptocurrency in exchange for the decryption key. But the IT staff […]

Robots injected with Ransomware can push businesses into deep financial trouble

All these days we thought that ransomware can only infect computer systems causing huge financial loss to a business/s. But have you ever imagined a robot getting infected with ransomware? Yes, this is what was experimented by some security experts from IOactive who later concluded that the said malware can not only make robots malfunction […]

Saturn Ransomware being distributed for free!

Ransomware authors of the new Saturn Ransomware variant are allowing prospective malware distributors to circulate the ransomware for free. All that they need to do is to sign up a web page via a dark web access and then start distributing the ransomware at free of cost. According to a source from Bleeping Computer which […]

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