Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cyber-crime that has prompted a global effort to stop it, according to a new report from Chainalysis Inc. The cryptocurrency-tracking …
In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of millions of citizen records stolen, 40,000 businesses’ IT operations put at risk, one billion airline passenger details compromised and at …
A ransomware attack in July that paralyzed as many as 1,500 organizations by compromising tech-management software from a company called Kaseya has set off a race among criminals looking for similar vulnerabilities, cyber security experts said. An affiliate of a …
The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organizations crippled in the global incident. …
President Joe Biden on Wednesday discussed the possibility of responding to a spate of ransomware attacks against U.S. entities that are believed to be perpetrated by Russian-linked hackers, a growing concern for his administration. Biden gathered members of his national …
President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still …
