CySecurity News - Latest Information Security and Hacking Incidents: Ransom

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Auto Industry Faces Sharp Rise in Cyberattacks, Raising Costs and Risks

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Ransom

Automobile Industry Cyber Attacks Hackers Ransom

Auto Industry Faces Sharp Rise in Cyberattacks, Raising Costs and Risks

The growing use of digital systems in cars, trucks, and mobility services has made the automotive industry a new favorite target for hackers. Companies involved in making...

FBI Warns Business Executives About Fake Extortion Scam

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Ransom

Cyber Attacks Data Breach Data Extortion FBI Ransom

FBI Warns Business Executives About Fake Extortion Scam

The Federal Bureau of Investigation (FBI) has warned corporate executives about a new scam designed to trick them into paying large sums of money. Criminals are sending...

FBI Warns of Fake Ransom Demands Sent by Mail to US Executives

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Scam

Cybersecurity FBI malware Ransom Scam

FBI Warns of Fake Ransom Demands Sent by Mail to US Executives

A new scam is targeting top business leaders in the United States, where criminals are sending letters demanding large ransom payments. Unlike typical ransomware attacks...

Crypto Dealers Targeted in Alarming Kidnapping and Extortion Cases

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Ransom

Crypto Extortion Crypto Scam Cyber Crime Kidnapping Ransom

Crypto Dealers Targeted in Alarming Kidnapping and Extortion Cases

Recent incidents have revealed a troubling trend of cryptocurrency dealers being targeted for kidnappings and extortion. These cases underline the risks associated with...

AT&T Paid Attackers $370K to Delete Stolen Customer Data

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User Data

Data Breach Data Leak Ransom Stolen Data User Data

AT&T Paid Attackers $370K to Delete Stolen Customer Data

AT&T reportedly paid a hacker more than $370,000 to remove stolen customer data. In an extraordinary turn of events, the ransom may not have gone to those responsible...

French Hospital CHC-SV Refuses to Pay LockBit Ransomware Demand

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Ransomware

Cyber Attacks French HealthCare Ransom Ransomware

French Hospital CHC-SV Refuses to Pay LockBit Ransomware Demand

The Hôpital de Cannes - Simone Veil (CHC-SV) in France revealed that it has received a ransom demand from the Lockbit 3.0 ransomware gang and refused to pay the ransom. On...

UnitedHealth Paid Ransom After Massive Change Healthcare Cyber Assault

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Ransom

Cyber Attacks Data Leak Healthcare Breach Patient Data Ransom

UnitedHealth Paid Ransom After Massive Change Healthcare Cyber Assault

The Russian cybercriminals who targeted a UnitedHealth Group-owned company in February did not leave empty-handed."A ransom was paid as part of the company's commitment...

Cybersecurity Crisis on US Healthcare Sector Children Hospital in Alarms

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USA

cyber attack Cyber Attacks Cyber Concerns Hospital Information System Ransom Threats to Hospitals USA

Cybersecurity Crisis on US Healthcare Sector Children Hospital in Alarms

In a recent and alarming development, Lurie Children's Hospital, a distinguished pediatric care facility in Chicago, has been forced to disconnect its network due to a pressing...

Cybersecurity Nightmare: A Bank's Dilemma – To Pay or Risk It All

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Ransom

Bank fraud Cyber Insurance Cyber Security Cyberattacks FBI Information Technology Insurance Policy Ransom

Cybersecurity Nightmare: A Bank's Dilemma – To Pay or Risk It All

Schools, hospitals, and other institutions need to take more precautions to prevent cybercrimes from disrupting operations and putting people's data and safety at risk....

Security in the Software Sector: Lessons Learned from the MOVEit Mass Hack

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Vulnerabilities and Exploits

BBA Clop Ransomware Cyberattacks CyberCrime Cybersecurity malware MOVEit Ransom Ransomware Software Security Technical Security Vulnerabilities and Exploits

Security in the Software Sector: Lessons Learned from the MOVEit Mass Hack

MOVEit's mass hack into its system will likely be remembered as one of the most damaging cyberattacks in history, and it is expected to make history. An exploit in...

Clop Ransomware Adopts Torrents for Data Leaks in Effort to Evade Detection

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zero Day vulnerability

CLOP Clop Ransomware Data Evade Detection Extortion MOVEit Ransom Ransomware Safety Security zero Day vulnerability

Clop Ransomware Adopts Torrents for Data Leaks in Effort to Evade Detection

The Clop ransomware group has once again adjusted its tactics for extortion, now employing torrents to disseminate stolen information obtained from MOVEit attacks. Beginning...

Schools: Prime Targets for Hackers Amid Poor Cybersecurity and Ransom Payments

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User Security

Cyber Attacks Cyber Safety Data Leak Data Privacy Ransom Research School Targets Schools Student Data User Data User Safety User Security

Schools: Prime Targets for Hackers Amid Poor Cybersecurity and Ransom Payments

New data indicates that school districts have become highly susceptible to online exploitation, emerging as the primary target for hackers. According to a recent global...

Inside the World of Ransomware Negotiations: From Colonial Pipeline to JBS

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Security

Cyber Attacks Data Data Safety data security Ransom Ransomware Safety Security

Inside the World of Ransomware Negotiations: From Colonial Pipeline to JBS

In January 2021, JBS, the world's largest meat-processing company, revealed that it paid a ransom of $11 million in Bitcoin to cyber attackers. Similarly, in May of...

Backups can be Quicker and Less Expensive than Paying the Ransom

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Ransomware Gang

Cyber Crime Data Backup Data Recovery Online Security Ransom Ransomware Gang

Backups can be Quicker and Less Expensive than Paying the Ransom

Ransomware operators want to spend as little time as possible within your systems, which means the encryption they use is shoddy and frequently corrupts your data. As...

The LockBit Ransomware Takes Responsibility for the Royal Mail Cyberattack

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Security

cyber attack Cyber Data LockBit Ransom Ransomware Security

The LockBit Ransomware Takes Responsibility for the Royal Mail Cyberattack

The LockBit ransomware operation has asserted responsibility for the cyberattack on Royal Mail, the UK's leading mail delivery service, which forced the company to stop...

Ransomware Profits Shrink, as Victims Refuse to Pay

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Victims

data security malware Ransom Ransom Payment Ransomware Safety Victims

Ransomware Profits Shrink, as Victims Refuse to Pay

As per data from blockchain analysis firm Chainalysis, ransomware revenue for 2022 has dropped from $765.6 million to at least $456.8 million, representing a -40.3% year-over-year...

This Linux Malware Bombards Computers with DDoS Bots and Cryptominers

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Ransomware

Bots Cryptominers Digital Infrastructure Firewalls Linux Linux Servers malware Ransom Ransomware

This Linux Malware Bombards Computers with DDoS Bots and Cryptominers

Security experts have discovered a new Linux malware downloader that uses cryptocurrency miners and DDoS IRC bots to attack Linux servers with weak security. After the...

How Can Schools Minimize Cybersecurity Risks?

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Security

Cyber Security Data data security Hackers Ransom Safety School Security

How Can Schools Minimize Cybersecurity Risks?

Cyberattacks are now a daily threat to K-12 schools, and the problem may worsen as educators rely more on technology for teaching and learning, and as hackers become more...

Executives and Telemedicine: Targets of New Ransom Payment Schemes.

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Security

Cyber Attacks Data Ransom Ransomware Safety Security

Executives and Telemedicine: Targets of New Ransom Payment Schemes.

Ransomware developers are constantly coming up with new ways to infect victims and persuade them to pay up, but a couple of recent strategies appear especially cunning....

Medibank: Hacker Gained Access to 9.7M Customers' Data and Refuses to Pay a Ransom

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Security

Data Data Breach Data Hackers data security Hackers Ransom Safety Security

Medibank: Hacker Gained Access to 9.7M Customers' Data and Refuses to Pay a Ransom

On Monday, Medibank Private Ltd (MPL.AX), Australia's largest health insurer, stated that no ransom payment will be made to the criminal responsible for a recent data theft...

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