Ransomware
Insurance company may pay $275 million for Merck Ransomware Cyber Attack
Drug maker Merck which experienced a ‘NotPetya’ ransomware attack in June this year could get an insurance cover of $275 million from the insurer. The estimate forecast was provided by Verisk Analytics Inc’s Property Claims Services(PCS) unit and the actual amount may vary in reality. Merck, on the other hand, is not interested in disclosing […]
Ransomware Cyber Attack puts Toshiba’s 400,000TB SSD storage on hold
Japanese NAND flash maker Toshiba has put the production of 400,000TB SSD storage on hold due to a ransomware cyber attack on its computer network of NAND Flash manufacturing. So, those hoping to grab the best SSD Deal on Black Friday may have to postpone their luck until next year. NOTE- NAND Flash memory is […]
DoubleLocker Ransomware encrypts phone data and locks down Mobile Phone Access
Android users all over the world are hereby alerted about a new form of ransomware which has the potential to encrypt phone data and lock down the device access to its user. According to the researchers from ESET, the ransomware is spreading as a fake Adobe Flash Update via compromised websites and reactivates itself every […]
Demand for ransomware soars by 2500% amid high profile Cyber Attacks!
A recent report released by Computer Security Company Carbon Black reveals that the demand for ransomware has soared by 2500% in 2017, amid high profile cyber attacks and the rise of Cryptocurrencies like Bitcoins. The Massachusetts based company found that the market for ransomware on dark web soared to $6.24 million years to date, compared […]
Cyber Attack on NHS Lanarkshire Scotland!
A malware attack has targeted NHS Lanarkshire in Scotland disrupting its work operations from 11 am yesterday. Initially, the officials of the NHS Lanarkshire thought to be a technical glitch. But later they confirmed that it was a cyber attack launched by some hackers or mischief creators. Calum Campbell, the Chief Executive of NHS Lanarkshire […]
Cyber Attack creates a shortage of Cat Food in the UK!
Britain is said to facing a crisis of cat food shortage due to a cyber attack targeting one of its biggest suppliers named Royal Canin. And per the sources reporting to Cybersecurity Insiders, the attack is said to affect the supply till the end of next month as the company hopes to full fill orders […]
Cyber Attack makes Maersk incur $300 million loss!
The NotPetya ransomware attack which took place on container shipping firm AP Moller Maersk has left the company in a loss of $300 million. The attack which took place on June 27th, 2017 made the firm miss its business volumes by a large margin impacting its Q3 financial results. Soren Skou the CEO of Maersk […]
Ransomware news on LG Service Centers and WordPress sites!
Early this week, hackers targeted LG service center at Seoul with ransomware leading to the lock down of the database with a malicious code. Experts say that the malware could be a renewed version of Wannacry attack which took place in May this year. LG admitted the news reported by media sources as a fact […]
Ransomware hits servers of Pacific Alliance Medical Center!
A Los Angeles based healthcare firm made an official announcement today that its servers were hit with ransomware in June this year. The Medical center also added in its media briefing that its IT staff succeeded in removing the virus to decrypt the data. However, the spokesperson remains tight lipped on whether a ransom was […]
Ransomware attacks rise on tax professionals says IRS
The United States Internal Revenue Service (IRS) predicts that tax professionals working across America will now on be targeted by hackers launching ransomware cyber attacks. IRS has specified in its media briefing that some handful of tax practitioners working for renowned firms have already been victimized by ransomware and more names are soon to follow. […]
