Portuguese energy company EDP suffered a ransomware attack by hacking group Ragnarok who threatened to dump 10TB of stolen data if the company does not pay a ransom of $10.9 million.
Lapsus$ cybercrime gang claimed responsibility for the Impresa group ransomware attack by defacing the media company’s website and tweeting from its verified Twitter account.
Lawsuit alleges that Springhill Medical Center was responsible for the death of a baby after ransomware attack prevented doctors from monitoring the baby's heartbeat during delivery.
One of Britain's most popular newspapers, The Guardian, is reporting that a suspected ransomware attack is causing some internal network trouble. The paper's report characterized it as "serious" despite it seemingly not stopping online or offline production of the paper.
A ransomware attack hit the online ticketing platform Vivaticket, disrupting booking services across European museums and monuments.
A ransomware attack has caused some chaos in the US Treasury market, as some transactions have had to be suspended or rerouted due to service outages and ICBC has been forced to process Wall Street trades via USB sticks.
AXA made news earlier in the month for opting to drop ransomware payment coverage from new cyber insurance policies in France. Operations in Asia were subsequently hit by a ransomware attack.
FBI's annual internet crime report says cyber crime losses increased by almost two-thirds while ransomware attacks remain the greatest risk to critical infrastructure organizations.
Ransomware attacks are causing a spike in cyber insurance rates as insurers need to cover ransom amount and recovery costs if hackers fail to make good on unlocking the compromised systems.
Are ransomware attacks making a comeback as a dominant cyber security threat? Norsk Hydro, Verint, Weather Channel and Arizona Beverages are among the big names who have fallen victim in recent weeks.
