Ransomware
FBI and Interpol issue cyber alerts on ransomware and pig butchering scams
The FBI, renowned for its investigative prowess, has disclosed a troubling statistic: nearly 20% of all ransomware attacks targeting critical infrastructure in the United States were aimed at the healthcare sector. This revelation underscores growing concerns about the safety and integrity of modern healthcare systems entrusted with sensitive patient data. The agency’s announcement comes amidst […]
Ransomware news headlines trending on Google
Hamilton city announces emergency after ransomware attack It seems like there’s a surge in ransomware attacks lately, affecting various sectors from municipal services to healthcare and even international politics. The situation in Hamilton City sounds quite serious, especially with essential services like phone lines and public transportation being disrupted since February 26,2024. Mayor Andrea Horwath’s […]
Ransomware infection reach extends to Data Backups
For years, IT experts have emphasized the importance of maintaining backups for data and applications, highlighting their crucial role in swiftly recovering from cyber-attacks. Indeed, having such backup systems in place can preserve data continuity during unexpected incidents, thereby minimizing downtime. However, recent discussions on platforms like Reddit have challenged the notion that all backup […]
Ransomware payments reached $1 billion in 2023
In the year 2023 alone, hackers behind the rampant spread of ransomware amassed a staggering $1 billion in ransom payments, as disclosed by a comprehensive study conducted by blockchain research firm Chainalysis. This alarming figure, equivalent to the annual budget of several small Asian nations, marks a significant spike compared to previous years, doubling from […]
Australian companies breach no ransomware payment policy
In response to the surge in ransomware attacks over the last couple of years, the Australian government introduced legislation in 2022 prohibiting companies from making ransom payments. Despite this prohibition, a recent survey conducted by Cohesity, a firm specializing in AI-backed data security and management services, revealed that almost 60% of respondents acknowledged opting to […]
Ransomware attack news trending on Google
Schneider Electric, a French-based company specializing in automation and energy management, recently fell victim to a Cactus Ransomware attack, resulting in the unauthorized access and theft of corporate data. The breach targeted Schneider Electric’s Electric Resource Advisor Cloud Platform, leading to the compromise of terabytes of sensitive information. This particular strain of ransomware, known as […]
Ransomware and Cyber Attack related news headlines trending on Google
Microsoft revealed on Friday that its corporate email servers were breached by the hacking group Midnight Blizzard, which is believed to be funded by the Russian-sponsored online crime group Nobelium. The cyberattack, which occurred on January 12th, targeted customer data and information belonging to Seattle-based staff. Evidence suggests that the data theft was likely planned […]
Ransomware attacks witnessed 55% surge in 2023
The conclusion of the year 2023 witnessed an alarming 55% surge in ransomware attacks, as reported by Cyberint, a company specializing in threat intelligence services. In comparison to the preceding year’s 2034 victims, ransomware gangs targeted approximately 4356 victims in 2023. Prominent among these cyber threats were LockBit 3.0, ALPHV (BlackCat), and CLOP, claiming an […]
Top 3 ransomware headlines trending on Google
1.) Xerox Business Solutions (XBS), a division of Xerox Corporation, has fallen victim to a new ransomware variant known as INC Ransom. The tech giant has acknowledged the incident and promises to provide more details once a thorough investigation is complete. XBS, specializing in digital document technology, is currently verifying the authenticity of the documents […]
Ransomware attack leads to identity theft of an Oakland Man
In recent times, we’ve been inundated with countless stories about ransomware attacks and the extortion demands posed by cyber-criminals. However, a new facet of cyber-crime has emerged, taking the form of a twist in the aftermath of a ransomware assault on a government network. A resident of Oakland, Dedrick Warmack, has come forward, alleging that […]
