Tag: ransom

Here you will find all the articles with the tag: ransom.

Ransomware payments reach record high: more than 1 billion euros

Ransomware payments reach record high: more than 1 billion euros

Last year, more than $1.1 billion (€1 billion) in ransom payments were made following a cyber attack. This beats the record from 2021. This is according to figures from Chainalysis. In 2021, ransomware payments amounted to $983 million, but the following year saw a significant drop. The amount... Read more

date3 months ago
‘Paying ransomware gangs should be prohibited’

‘Paying ransomware gangs should be prohibited’

A total ban on paying hackers in ransomware attacks is the only solution to this troublesome problem. This is stated by security specialist Emisoft in response to a recent report on the impact of ransomware attacks. According to Emisoft, a legal total ban on paying after a ransomware attack is t... Read more

date5 months ago
LinkedIn hack permanently deletes accounts

LinkedIn hack permanently deletes accounts

Hackers are currently attacking LinkedIn accounts en masse worldwide. According to security specialists at Cyberint, the attacks follow a set pattern, while users are experiencing a great deal of inconvenience. According to Cyberint researchers, LinkedIn accounts are currently being encountered ... Read more

date9 months ago
Ferrari has disclosed a data breach

Ferrari has disclosed a data breach

The breach compromised some of Ferrari's IT systems, after which the company received a ransom demand from hackers. The hackers claimed they accessed several systems in Ferrari's IT environment. In breach notification letters sent to customers, Ferrari regretted the incident and informed them th... Read more

date1 year ago
Enterprises have to deal with more one-two-punch extortionists

Enterprises have to deal with more one-two-punch extortionists

During this year’s Black Hat USA event, experts have warned that the adoption of double-extortion attacks against organizations is on a rising trend. The warning comes after this year saw Kaseya, JBS, and Colonial Pipeline, among the most affected companies targeted by cybercriminals. Ransomwa... Read more

date3 years ago
Meat processor JBS paid REvil $11 million after a ransomware attack

Meat processor JBS paid REvil $11 million after a ransomware attack

Another day, another company pays a ransom to get their network back. That only encourages the cybercriminals to continue targeting even more companies. The most recent news involves the global meat processing company JBS. The company was in the news on June 1 when it was hit by a ransomware att... Read more

date3 years ago
Worldwide ransom DDoS extortionists return in a new wave of attacks

Worldwide ransom DDoS extortionists return in a new wave of attacks

Security researchers have revealed that a ransom DDoS campaign is underway, targeting organizations all over the world. A cybersecurity alert by Radware indicates that the first wave of these attacks started in August. However, the DDoS campaigns were aimed at companies again, in the last week of D... Read more

date3 years ago
Cybercriminals target top executives to force ransom payment

Cybercriminals target top executives to force ransom payment

Ransomware gangs are now going after top executives, they aim to get access to their laptops and workstations to steal data from them, in the hope that what they find will be more valuable and hopefully pressure the companies involved to pay a ransom. This trend is relatively new and operates on... Read more

date3 years ago
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