Ransomware attack on Demant fetches $95 million loss and FBI on Meridian Cyber Attack

Denmark based hearing aid manufacturer Demant has released an official statement yesterday stating that the ransomware attack which took place on its database early last month could fetch a $95 million loss to the company in the current financial year. The loss includes disruption of services, recovery, IT staffs extra pay to probe and contain […]


This post was originally published here by  (ISC)² Management. A new report from Palo Alto Networks’ Unit 42 threat intelligence team titled “Cloudy With a Chance of Entropy” reports that there are at least 34 million vulnerabilities across some of the largest cloud platforms, including Amazon Web Services, Google Compute Engine and Microsoft Azure.    […]

FBI seizes firms offering Cyber Attacks-on-Demand

US Department of Federal Bureau of Investigation (FBI) has announced that it has seized over 15 internet domains and has charged around 14 men associated with firms that offer cyber attacks-on-demand. The law enforcement agency has added in its statement that the firms were found indulging in malicious practices such as spreading malware and launching […]

Symantec says that Ransomware spreaders are demanding a minimum of $1000

A recently compiled Symantec report suggests that on average hackers are demanding a minimum of $1000 to decrypt a database targeted with ransomware. And just to remind you the latest demand is almost 3 times more than what the hackers demanded last year  I.e $295 in 2015. According to other estimates prepared by the researchers […]

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