Remove Cryptocurrency Remove Cyber Attacks Remove Encryption Remove Ransomware
article thumbnail

Australia to issue ban on ransomware payments after Latitude Financial Cyber Attack

CyberSecurity Insiders

The Australian government is set to issue a complete ban on ransomware payments after one of its major financial lenders became the target of a massive file-encrypting malware attack on March 16th this year. However, law enforcement is increasingly able to track such payments by using sophisticated blockchain-driven software.

article thumbnail

Cyber Attack on Bureau Veritas

CyberSecurity Insiders

The digital operations of the multinational company Bureau Veritas(BV) was brought to a halt when hackers launched a cyber attack on the IT infrastructure of the company that offers lab testing, inspection and certification services. Note 3- Ransomware is a kind of malware that encrypts a database until a ransom is paid.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gloucester City Council hit by a possible Ransomware Cyber Attack

CyberSecurity Insiders

Though there is no confirmed news that the attack was of a ransomware virus, sources report that the restoration of services might take a few weeks as the incident seems to be more complicated after preliminary investigations were concluded.

article thumbnail

Ransomware Cyber Attack on Molson Coors

CyberSecurity Insiders

Brewery company Molson Coors has made it official that its IT infrastructure was reigning under a major cyber attack that has brought its Beverage production to a complete standstill. Note 2- From the past few months, especially after lock-down, ransomware spreaders are consistently attacking private entities for financial benefits.

article thumbnail

Ransomware and Cyber Attacks were hot topics at G7 Summit

CyberSecurity Insiders

All the world leaders who took part at the G7 Summit held in Cornwall, UK have agreed on a unanimous note that ransomware and cyber attacks have emerged as the biggest threats to their nation in recent times. The post Ransomware and Cyber Attacks were hot topics at G7 Summit appeared first on Cybersecurity Insiders.

article thumbnail

Cyber Attack news headlines trending on Google

CyberSecurity Insiders

News is out that social security numbers of nearly 35,000 users were leaked in a cyber attack that could have emerged from a credential stuffing campaign launched by a state funded actor. According to the update provided by a source from PayPal, the attack took place on December 6 and was identified at the end of last month.

article thumbnail

Local mafia was behind cyber attacks on French Hospitals

CyberSecurity Insiders

France Minister Cedric O has cleared the air that local mafia type organizations were behind cyber attacks on two of the healthcare organizations of France and no state funded organizations were involved in the incident. The post Local mafia was behind cyber attacks on French Hospitals appeared first on Cybersecurity Insiders.