Adam Levin

MAY 14, 2021

Colonial Pipeline paid roughly $5 million to the ransomware group responsible for hacking its systems, contradicting earlier claims. . Bloomberg News reported that the company paid the ransom in cryptocurrency hours after the May 7 cyberattack that shut down the country’s largest fuel pipeline.

Backups 260

Backups Cryptocurrency Ransomware Cybersecurity 260

The Last Watchdog

SEPTEMBER 7, 2022

The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. This gives the perpetrator the access needed to launch the ransomware and lock the company out of its own infrastructure or encrypt files until the ransom is paid in cryptocurrency.

Ransomware 124

Ransomware Education Financial Services Phishing 124

Approachable Cyber Threats

JUNE 7, 2022

Category Awareness, News. Conti ransomware was the biggest ransomware strain in 2021, bringing in more than $180 million in ransom payments. Many researchers believe they were also responsible for the prolific Ryuk ransomware, due to similarities in Conti and Ryuk base code and ransom note templates. Risk Level.

Ransomware 97

Ransomware Risk Phishing Healthcare 97

Krebs on Security

JUNE 15, 2021

But what about new hires that aren’t hip to exactly how the programs they’re being asked to create get used? Another source in the threat intelligence industry who has had access to the inner workings of Trickbot provided some additional context on how developers are onboarded into the group.

Cybercrime 312

Cybercrime Ransomware Passwords Banking 312

BH Consulting

JUNE 8, 2021

If Irish people outside the cybersecurity industry hadn’t heard of ransomware before last month, chances are they have now. Then came news that the Department of Health was hit by a similar incident. His subsequent Irish Times editorial urged the Government not to pay the ransom, and the State has insisted it hasn’t.

Ransomware 52

Ransomware Data breaches Phishing Cybersecurity 52

eSecurity Planet

SEPTEMBER 10, 2021

From the rooftops, industry analysts shout, “Move your backups offline and away from production environments!” Relative to the average ransom paid for a mid-sized organization ($170,404), the costs add up. Despite making the payment, there is no guarantee attackers act in good faith and respect data in their possession.

Backups 108

Backups Ransomware Encryption Malware 108

Security Boulevard

JUNE 1, 2021

roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, May 2021. Colonial Pipeline DarkSide Ransomware Attack. The cyberattack took down Colonial Pipeline's IT systems which manage a 5,500-mile pipeline network that moves some 2.5

Ransomware 105

Ransomware Passwords Scams Cyber Attacks 105