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Ransomware

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todayFebruary 21, 2020

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Ransomware the new online ‘nightmare’ for business

ALBANY — The kind of ransomware attack that froze Albany accounting firm BST’s records is growing increasingly common as hackers look for new targets to extort. One expert calls it “the nightmare scenario. “Unfortunately, this is the new style of attack,” said Tim Weber, security services director at ADNET Technologies ...

todayFebruary 15, 2020

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Attacked by Ransomware, Many Companies Opt to Pay Up – CFO

It’s like the plot of a James Bond movie: Hackers take control of a global organization’s computer systems and threaten to destroy its records, steal its intellectual property, and drain its bank accounts unless a hefty ransom is deposited into an untraceable offshore bank account by the end of the ...

todayFebruary 4, 2020

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Crypto Ransomware Paralyzes California School District

A crypto ransomware attack shut down the Mountain View-Los Altos school district servers and phone system on Wednesday. The malicious software demanded Bitcoin as ransom to restore service. District Operations Have Been Frozen By shutting down file access on the district’s servers, the crypto ransomware has created tremendous problems for ...

todayFebruary 1, 2020

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Maryland Introduces Bill to Make Ransomware Possession Illegal

Maryland Democrat, State Senator State Sen. Susan C. Lee introduced bill SB30, which would make possession of ransomware illegal. The bill was carefully written to make ransomware illegal in the case of malintent, but not to harm security researchers who study the malware. SB30 makes possession of ransomware a crime ...

todayFebruary 1, 2020

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eSkimming Malware Attacks On The Rise

With the popularity of eCommerce, a cyberattack called eSkimming has become more of a frequent occurrence. Skimmers had long been a risk for consumers at the ATM or the gas pump, but the practice has become more advanced. Hackers can now steal data in a more lucrative way through an ...

todayJanuary 30, 2020

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Ransomware devastated cities this year. Officials hope to prevent a repeat in 2020 – CNET

Ransomware attacks against local governments spiked in 2019, researchers found.  When Hurricane Sandy hit the East Coast in 2012, it caused a power outage affecting nearly 8 million homes and workplaces, including the office of Manhattan District Attorney Cyrus R. Vance Jr. The building’s computers couldn’t turn on, but police were ...

todayJanuary 28, 2020

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Iranian hackers deploy new ZeroCleare data-wiping malware | ZDNet

This ebook, based on the latest ZDNet/TechRepublic special feature, offers a detailed look at how to build risk management policies to protect your critical digital assets. Security researchers from IBM said today they identified a new strain of destructive data-wiping malware that was developed by Iranian state-sponsored hackers and deployed ...