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Data Shows 41 Pct Hike In Ransomware Attacks In 2019

PYMNTS

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.

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City Held Hostage — Via Bitcoin Ransomware

PYMNTS

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.

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Ransomware Attack Cripples Some Billtrust Systems

PYMNTS

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 law enforcement as well as an outside security firm to look into the breach’s extent.

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Even Golfers Aren’t Safe From Ransomware

PYMNTS

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.

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Bitcoin Ransomware Strikes Another Hospital

PYMNTS

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?

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

Federal law enforcement is helping in the investigation. The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. An investigation involving local, state and federal law enforcement is ongoing at this time.”. As a result, Gov.

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WannaCry Hero Says He Didn’t Hack People’s Bank Data

PYMNTS

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 law enforcement are already tense, they say, and this cybercrime news can only make it worse.