Ransomware attack was part of an ongoing campaign against targets in the France's medical sector and France indicated that an active response is something under consideration.
The biennial cyber exercise for the first time brings the U.S., Asia and Europe financial industry together for a sort of "war game" that simulates a major financial institution being taken out by a ransomware attack.
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.
Agencies of nearly two dozen small cities and towns in Texas were hit with a ransomware attack that crippled key city services like payment processing operations and printing of identity documents.
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.
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