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‘Bashe’ attack theorizes a $200 billion ransomware raid using NSA-class...
A report co-sponsored by Lloyd’s of London paints a chilling scenario for how a worldwide cyberattack could trigger economic losses of some $200 billion for companies and government agencies...
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Ransomware in 2019 and beyond: Don’t get complacent
Although much of the buzz about ransomware has quieted down in the days since the NotPetya and WannaCry attacks, the threat persists and hospital IT and security teams should remain vigilant.
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What Is Ransomware-as-a-Service? Understanding RaaS
Before delving into RaaS, let’s quickly review ransomware. Ransomware is malware that encrypts all or part of a system, rendering it inoperable until a ransom fee, usually demanded in bitcoin, is paid...
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How could Bashe-style ransomware threats impact cyber insurance?
Ransomware threats are piling up for businesses and the true cost they could face has been laid out in a hypothetical cyber-attack – with huge repercussions for insurers.
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Ransomware warning: That romantic message may hide a nasty surprise
GandCrab first emerged in January last year and has gone on to become one of the most successful families of file-encrypting malware, with its creators regularly updating it with new tricks and...
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Crypto Ransomware Attacks Soppy Users Demanding Money
According to a report released by the Mimecast Threat Labs Team, criminals used GandCrab to encode user’s files. Victims of a cyber attack were sent emails containing romantic lines, namely ‘This is my...
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Why organisations need to be on the alert for targeted ransomware attacks in...
It’s an intimidating prospect – being up against an opponent who knows how to hit you right where it’s going to hurt the most. Add in the element of surprise and you’re looking at a real sucker punch,...
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Ransomware has been abandoned in favor of cryptojacking attacks against the...
Ransomware is falling in popularity as cyberattackers look for other ways to earn a criminal living out of compromising enterprise companies, with cryptojacking now capturing the interest of these...
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Cryptojacking Beats Ransomware, Russian Meddling Halted, ‘Data as Oil’
In the world of digital thievery, a business model pivot is apparently underway.
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Beware of ransomware
They are all different forms of ransomware, a type of computer virus that for the last few years has wreaked havoc on businesses and organizations — big and small — around the world and is not going...
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Ransomware attack drives city to seek greater network visibility
Local governments have been under siege from ransomware attacks in recent years. Colorado announced a state of emergency and called in the National Guard’s cyber team to help after its Department of...
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Ransomware attack seen prompting more cyber cover buys
Last week’s ransomware attack on Norway’s Norsk Hydro ASA, one of the world’s largest aluminum producers, is likely to generate increased interest by manufacturers in obtaining cyber insurance, which...
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New York Albany Capital Hit by Ransomware Attack
The City of Albany, the capital of the U.S. state of New York, was hit by a ransomware attack on March 30, with city officials working over the weekend to respond to the incident.
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Hexion, Momentive and Norsk Hydro all hit by ransomware cyber attacks
Three large chemical manufacturing companies based in Norway and the US have fallen victim to ransomware attacks, after a program called LockerGoga gained access to systems, encrypted files and...
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Baltimore government held hostage by hackers’ ransomware
The US city of Baltimore's government, long plagued by dysfunction, is now battling a ransomware attack that has crippled its systems for more than two weeks and counting.
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Lessons From Baltimore’s Crippling Ransomware Attack
The city that reads, Baltimore, is only the latest U.S. city to fall prey to a crippling ransomware attack. This time, the attackers appear to have leveraged a new ransomware variant called RobbinHood,...
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Baltimore ransomware attack
The New York Times reported on Saturday that a hacking vulnerability known as EternalBlue has been exploited to blackmail Baltimore's local government.
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Baltimore’s Ransomware Mess Is Its Own Fault
Since early May, Baltimore has been grappling with a city-crippling ransomware attack. A fiery debate has erupted within the information security community over who is to blame for the mess.
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Baltimore’s Ransomware Mess Is Its Own Fault
Since early May, Baltimore has been grappling with a city-crippling ransomware attack. A fiery debate has erupted within the information security community over who is to blame for the mess.
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Ransomware halts production for days at major airplane parts manufacturer
ASCO, one of the world's largest suppliers of airplane parts, has ceased production in factories across four countries due to a ransomware infection reported at its plant in Zaventem, Belgium.
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