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Ransomware cyber-attacks are up 41 percent over last year, with 205,280 enterprises having lost access to hacked files, according to data from the ransomware security firm Emsisoft. In its most recent warning, the FBI said cyberattacks were becoming “more targeted, sophisticated, and costly.”. and Europe. and Europe.
When it comes to bitcoin, the stories about ransomware seem to be nothing out of the ordinary for the mainstream news cycle. But this time, the case is a bit more serious as it has to do with hackers using bitcoin ransomware to lock out local government employees from their own computers. The result? million in losses for victims.
Federal lawenforcement is helping in the investigation. The district staff reported this electronic viral attack to local lawenforcement, state officials and the FBI. An investigation involving local, state and federal lawenforcement is ongoing at this time.”. As a result, Gov.
There does seem to be a clear difference in the motives of the attacks — the DNC hacks seem aimed, according to the FBI, at steering the outcome of the election, while the recent RNC hack seems to be more financially motivated. Governments Say ‘No More’ To Ransomware. Hacktivists Take On Colin Powell.
Another case of bitcoin ransomware has left one Kentucky hospital in an “internal state of emergency,” according to a report from Krebs On Security. Just yesterday (March 21) PYMNTS reported about a town that was being held hostage via a bitcoin ransomware attack. And last month?
The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. The ransomware caused Atlanta’s courthouse documents, and services like payment processing, to become inaccessible. However, not everyone agrees.
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 company told customers in an e-mail that it was working with lawenforcement as well as an outside security firm to look into the breach’s extent.
According to the research, 70 percent of companies say they pay up when targeted by a ransomware attack — an attack in which hackers take corporate data hostage unless the victim pays a ransom — despite the FBI advising organizations not to do so, reports by CyberScoop said last week. companies’ cybersecurity measures.
This is a dramatic turn of events for the young hacker, who was briefly a hero after discovering the kill switch for the global ransomware attack “WannaCry” in May. Relationships between cyber researchers (“ethical hackers”) and lawenforcement are already tense, they say, and this cybercrime news can only make it worse.
Although the details have yet to be released, it’s believed that an employee’s computer was exposed to the ransomware through a phishing scam or by accidentally downloading it. The servers have now been locked up, and the FBI and Bureau of Criminal Investigation have been notified. We’re dealing with a criminal element.
and elsewhere, the FBI found, leading to requests for $3.1 The data led industry experts to warn companies that they should report cybercrime as soon as possible to lawenforcement, though some officials agree that the mechanisms to report such crimes are far from straightforward and streamlined. billion in losses hit U.K.
The massive wave of crypto-ransomware cyberattacks now reported to have hit more than 200,000 computers in 150 countries shouldn’t be just another “look at how smart and cunning and horrible those cybercriminals are” headline. That was also about the same time that we began to see the spike in cyberattacks linked to ransomware.
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