Ransomware

Insurance companies paying victims and propagating Ransomware

Ciaran Martin, the security specialist who led the National Cyber Security Center (NCSC) until August 2020, has claimed that insurance companies are paying back to victims who were targeted by a ransomware attack and paid a ransom to free up their data. As there is no legal barrier to curtail companies from paying ransoms, the […]

Data breaches in 2020 decreased by 48% but the number of records exposed have exceeded 37 billion.

RICHMOND, VA, January 21, 2020 — Risk Based Security today released their 2020 Year End Data Breach QuickView Report, revealing that there were 3,932 publicly reported data breaches, compromising over 37 billion records. Compared to 2019, the number of publicly reported breach events decreased by 48%. However, the total number of records compromised increased by 141% […]

Ransomware victims paying for stolen data

As most of the ransomware spreading gangs are indulging in data stealing tactics, before encrypting a database; a research carried out by Emsisoft reveals that most of the victims are being forced to pay the ransom as they are worried that their valuable data will be leaked on the dark web. And that could lead […]

Over 560 US healthcare companies hit by ransomware in 2020

In a research carried out by Emsisoft on ransomware, it was reported that the year 2020 witnessed over 560 US healthcare companies being hit by the said malware variant causing EHR downtime- like digital disruptions leading to deaths caused because of ambulance diversion, inaccessible lab tests and such. The report includes the fact that there […]

Intel Processors to recognize ransomware attacks at hardware level

Intel, an American company that offers silicon processors to be used in Computers has unveiled a new series of CPUs that will have a Hardware Shield and TDT features that can detect ransomware attacks at hardware level- much below the anti-virus software. Dubbed as 11th Generation Intel Core vPro CPUs, the newly developed silicon wafers […]

Ransomware Attack on Whirlpool and the Funke Media Group of Germany

Whirlpool Corporation has reportedly become a victim to Nefilim Ransomware, thus putting an end to the year 2020 rather unpleasantly. Highly placed sources say that the attack might have been launched in the first week of November and it came to light on the Boxing Day after Christmas 2020. Why the Michigan based electronics giant […]

Ransomware payments can make OFAC issue sanctions on companies

Ransomware payments can make companies face harsh penalties and sanctions from the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network says a latest update issued by FBI. Yes, to those uninitiated, the Federal Bureau of Investigation issued an advisory at the same time last year that all those companies who have […]

Ransomware news headlines trending on Google

Epicor that offers business software to companies operating worldwide has disclosed that it became a victim to a ransomware attack at the end of last month. And the infiltration is suspected to have been done by a well-known ransomware gang. A source from cloud solutions provider Epicor did not confirm the ransomware incident, but insisted […]

Meet the Zcrypt Ransomware that is a virus and not a malware

All these days we have seen ransomware variants addressed as malware. But in a first of its kind research by Sophos Labs, a new ransomware variant named Zcrypt is being addressed as virus and not a malware. A malware is a kind of Trojan Horse that looks like a computer program on a surface, but […]

Ransomware victims receiving cold calls from Hackers

From August this year, a new trend is being witnessed among those spreading ransomware like Maze, Conti, RYUK and Sekhmet. A research launched by Cyber Threat Intelligence firm Arete Incident Response says that those spreading the file encrypting malware from the said gangs are seen cold calling victims and pressurizing them to pay a ransom, […]

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