Ransomware
Cyber Attack makes Maersk incur $300 million loss!
The NotPetya ransomware attack which took place on container shipping firm AP Moller Maersk has left the company in a loss of $300 million. The attack which took place on June 27th, 2017 made the firm miss its business volumes by a large margin impacting its Q3 financial results. Soren Skou the CEO of Maersk […]
Ransomware news on LG Service Centers and WordPress sites!
Early this week, hackers targeted LG service center at Seoul with ransomware leading to the lock down of the database with a malicious code. Experts say that the malware could be a renewed version of Wannacry attack which took place in May this year. LG admitted the news reported by media sources as a fact […]
Ransomware hits servers of Pacific Alliance Medical Center!
A Los Angeles based healthcare firm made an official announcement today that its servers were hit with ransomware in June this year. The Medical center also added in its media briefing that its IT staff succeeded in removing the virus to decrypt the data. However, the spokesperson remains tight lipped on whether a ransom was […]
Google to protect iPhone users from Ransomware attacks through its new Gmail App
As most of the ransomware cyber attacks take place through phishing emails, Google has decided to offer a new secure version of Gmail app to all Apple iOS users which include those using iPhone and iPad. According to the details available to Cybersecurity Insiders, Google is soon going to offer a more secure version of […]
Mamba Ransomware is designed to cause destruction says Kaspersky
Researchers working at Kaspersky Lab have discovered that an old variant of ransomware called Mamba Ransomware has resurfaced in Brazil and Saudi Arabia and is said to soon reach the shores of US and Canada. Unlike other ransomware variants, Mamba Ransomware encrypts whole hard drives of organizations and destructs data without asking for ransom. Means, […]
Ransomware attacks rise on tax professionals says IRS
The United States Internal Revenue Service (IRS) predicts that tax professionals working across America will now on be targeted by hackers launching ransomware cyber attacks. IRS has specified in its media briefing that some handful of tax practitioners working for renowned firms have already been victimized by ransomware and more names are soon to follow. […]
North Korean Hackers move Bitcoins cashed from Wannacry Ransomware to 9 new accounts
Almost 12 weeks ago i.e on May 12th, 2017, the digital world witnessed a ransomware outbreak known as WannaCry Cyber attack which targeted more than 250,000 computers across 150 countries. The hackers involved in this attack demanded a payment of $300 to $600 in Bitcoins in order to free up the data on the targeted […]
Over 2.3 million Windows systems were infected with ransomware in Q2 2017
Quick Heal Technologies which offers security solutions to computing products conducted a survey in which it was discovered that over 2.3 million Windows systems were infected with ransomware in Q2 of 2017. The study found that cyber criminals are now interested in working on attacks which require fewer resources to launch but give higher returns. […]
These are the biggest ransomware attacks in last 5 years
Ransomware has become a nightmare to companies to whom data means lifeblood. And over the years, the said malware variant has grown from a mere curiosity filled with annoyance to a major crisis deeply entwined with top secret spy agencies and international intrigue. So, to enlighten our readers on the story of ransomware as it’s […]
BTC-e owner arrested for stealing bitcoins and laundering Ransomware payments
BTC-e owner was arrested by Greek Police early this week on the charges of money laundering and stealing bitcoins from other Bitcoin’s trading platforms. Alexander Vinnik, a Russian National, and owner of the BTC-e Bitcoin Trading Platform admitted that he along with few of his colleagues laundered funds stolen from the Mt.Gox Cryptocurrency exchange platform […]
