Ransomware attackers have ambitiously expanded their operations in the past year. Innovation continues as the Ragnar Locker Team is using Facebook Ads to pressure victims into paying up.
Accenture said the LockBit ransomware attack that reportedly encrypted at least 2,500 computers and leaked 6 terabytes of data had no impact on its operations.
Acer reportedly suffered a REvil ransomware attack. The threat actors posted some files as proof and demanded the highest recorded ransom payment of $50 million in Monero.
A ransomware attack once again caused a serious blow to a critical segment of the US economy last week. This time it was the food supply … these attacks demonstrate that critical infrastructure is not only a vulnerable but also viable target.
When the first reports of the Colonial fuel pipeline attack appeared, it was natural to assume the worst but an investigation by the FBI has fingered a ransomware-as-a-service operator rather than a known state-backed group.
Cyber insurance companies are choosing to settle things quickly with a ransom payment during ransomware attacks for fear of covering all the business interruption costs and delays of re-booting a company from scratch.
DoppelPaymer ransomware gang demanded Bitcoins worth about $34 million to unlock Foxconn's data encrypted in a ransomware attack that stole 100 GB of data and encrypted 1,200 servers.
Preparing for a ransomware attack is by far the most effective way of minimizing the risk of becoming a victim. Herer are steps that can help tip the balance of power against potential attackers:
FBI arrested a Russian hacker who offered a $1 million bribe to a Russian speaking Tesla employee to install malware for a ransomware attack.
Hackers demanded $17 million in Compal's security breach despite its denial of the ransomware attack. Compal also claimed that its production lines were not affected.