"ransomeware"

Law enforcement agencies have arrested five people allegedly associated with the prolific ransomware group REvil, which was behind this years devastating cyberattacks on Kaseya and JBS.

BANGKOK, 28 October 2021 – PwC Thailand reveals that ransomware attacks are on the rise, and this will become the most serious cyber threat for Thai organisations. 

The Biden administration concluded a two-day meeting Thursday on ransomware with more than 30 countries recognizing it for the first time as a global security threat and agreeing to work together to combat it.

Eddie Darwich and his wife Abeer had been running the EZ Mart fuel station on Castle Hayne Road in Wilmington, N.C., for 11 years the day the gas dried up.

The company hit by a massive ransomware attack just before July Fourth weekend said it has obtained a computer key to unlock the files of hundreds of companies.

WASHINGTON - With a massive ransomware attack last week intensifying pressure on the Biden administration to demonstrate it can curb the threat, top national security officials briefed the president Wednesday on the governments efforts to counter and blunt the impact of the costly, increasingly brazen assaults by Russia-based hackers.

The software company at the center of a major ransomware attack said Tuesday the hack affected between 800 and 1,500 small businesses, potentially making it the largest ransomware attack ever.

A hacking group that experts said was behind the sprawling ransomware attack that hit hours before the beginning of the July Fourth holiday weekend is demanding $70 million to unlock the thousands of businesses affected by the hack.

A sprawling ransomware attack that hit hours before the beginning of of the July Fourth holiday weekend has already affected hundreds of business and likely hit many more, researchers said.

115 milliseconds. As quick as a blink, thats the amount of time a new technology - developed by researchers from Australias national science agency and a university in South Korea - takes to detect that ransomware has detonated on a computer and block it from causing further damage.

Just a few months ago, crypto enthusiasts were hopeful that Washington was warming to digital assets. But cyberattacks demanding bitcoin ransoms, wild trading and rebukes from regulators have eroded their optimism.

JBS, the worlds largest meat supplier, confirmed Wednesday that it paid the equivalent of $11 million in ransom to hackers that targeted and temporarily crippled its business.