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FBI Wants Businesses To Help With Ransomware Probe

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As the FBI works to combat a specific type of ransomware virus, it is calling on businesses and software security experts for emergency assistance in its investigation. Over the weekend, Reuters obtained a confidential “Flash” advisory from the FBI: “We need your help!”

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Pitney Bowes Is Latest Company Hit In Ransomware Attacks

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TechCrunch reported that the company was hit with a ransomware attack. Pitney Bowes was affected by a malware attack that encrypted information on some systems and disrupted customer access to our services,” the company said on Monday (Oct. The FBI recently warned that “high impact” attacks would be hitting large companies.

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FBI To Companies: Don’t Pay Cyberattack Ransoms

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FBI Cyber Division Assistant Director James Trainor is telling businesses that, though ransomware attacks are on the rise, it’s best not to pay hackers when the situation arises. Last year, the FBI received roughly 2,453 complaints related to ransomware malware attacks, which amounted to $24.1

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Even Golfers Aren’t Safe From Ransomware

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The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. All files on each host in the network have been encrypted with a strong algorithm.” According to Cryptovest , the message read, “Your network has been penetrated.

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SamSam Ransomware Attacks Are On The Rise

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SamSam ransomware attacks are up — and the attackers are getting more demanding. Currently the malware has caught the FBI’s attention. victims, including 2016 attacks on healthcare facilities that were running outdated versions of the JBoss content management application,” the FBI says. MSIL or Samas.A

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Ransomware Attack Cripples Some Billtrust Systems

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As it recovers from a ransomware attack that started last week, business-to-business payments provider Billtrust is in its last stages of putting all of its systems online from backups. The FBI recently warned that “high impact” attacks would be hitting large companies per past reports. 17, Krebs on Security reported.

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Why Bitcoin And Ransomware Seem To Go Hand In Hand

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As the instances and threat of ransomware continues to wreak havoc on both businesses, governments and individuals around the world, it seems as though bitcoin has found itself closely intertwined with the malicious software. Cybersecurity experts say data backups can be an effective deterrent against ransomware attacks.