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Negotiating with Ransomware Gangs

Schneier on Security

Thus, the decision whether to pay or ignore a ransomware demand, seems less of a legal, and more of a practical, determination ­ almost like a cost-benefit analysis. The arguments for rendering a ransomware payment include: Payment is the least costly option; Payment is in the best interest of stakeholders (e.g.

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Arrest, Seizures Tied to Netwalker Ransomware

Krebs on Security

and Bulgarian authorities this week seized the darkweb site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims. The victim shaming site maintained by the NetWalker ransomware group, after being seized by authorities this week. ” Image: Chainalysis.

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Columbus Ransomware Attack Exposes 500,000+ Residents’ Data: How to Stay Safe

eSecurity Planet

Following a July 18 attack by the Rhysida ransomware group — believed to have Russian affiliations — Columbus is still reeling from the exposure of vast amounts of sensitive resident data. This data reportedly includes everything from names and addresses to Social Security numbers and bank account details. With over 6.5

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Customer Care Giant TTEC Hit By Ransomware

Krebs on Security

TTEC , [ NASDAQ: TTEC ], a company used by some of the world’s largest brands to help manage customer support and sales online and over the phone, is dealing with disruptions from a network security incident resulting from a ransomware attack, KrebsOnSecurity has learned. ET: TTEC confirmed a ransomware attack. Englewood, Co.-based

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July 2024 ransomware attack on the City of Columbus impacted 500,000 people

Security Affairs

The July 2024 ransomware attack that hit the City of Columbus, Ohio, exposed the personal and financial data of 500,000 individuals. On July 29, 2024, the City published an update on the City’s website and confirmed that the City of Columbus suffered a ransomware attack. The gang claimed they had stolen databases containing 6.5

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Chilean bank BancoEstado hit by REVil ransomware

Security Affairs

Chilean bank BancoEstado, one of the country’s biggest banks, was forced to shut down all branches following a ransomware attack. Chilean bank BancoEstado, one of the country’s biggest banks, was hit with a ransomware attack that forced its branches to remain closed since September 7.

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Bank of Seychelles hit by a ransomware attack

Security Affairs

The Development Bank of Seychelles (DBS) was hit by a ransomware attack disclose the Central Bank of Seychelles (CBS). The Central Bank of Seychelles (CBS) disclosed via a press statement that the Development Bank of Seychelles (DBS) was hit by a ransomware attack. ” reads the statement.”The

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