ransomware attacks News

German Superyacht Maker Lürssen Hit by Ransomware Cyber Attack

German shipbuilder Lürssen, which makes military vessels as well as luxury yachts, has become the target of a ransomware cyberattack. The Bremen-based company was attacked over the Easter holiday period, company spokesman Oliver Grün said Tuesday. “In coordination with internal …

Australia Is Inadvertently Inviting Cyber Crimewave, Data Theft Victim Service Warns

An Australian government-backed service for victims of identity theft blasted a plan to toughen privacy laws amid an explosion of online data theft, saying it would spur compromised companies to pay ransom and invite more hacking. IDCare, a non-profit that …

Hackers Breached UK Pension Protection Fund, Stole Employee Data

Hackers obtained data on some employees of the UK’s Pension Protection Fund after exploiting a third-party data transfer service, according to a fund spokesperson. The Pension Protection Fund manages £39 billion of assets for its 295,000 members, according to its …

Ransomware Attack to Hit Revenue at India’s Top Drugmaker

Sun Pharmaceutical Industries Ltd. expects revenue to fall as measures taken by India’s top drugmaker to contain an information technology security breach in early March impacted operations. A ransomware group has claimed responsibility for the incident, which included a breach …

Ferrari Says Ransomware Attack Exposed Clients’ Names, Email Addresses

Ferrari NV said it was hit by a ransomware attack that exposed information on the Italian sports car maker’s customers. “Certain data relating to our clients was exposed, including names, addresses, email addresses and telephone numbers,” Chief Executive Officer Benedetto …

Microsoft Warns Russian Hackers May Plan More Attacks, Inside and Outside of Ukraine

Microsoft Corp. warned an infamous hacking group that is tied to Russia’s military intelligence agency GRU could be gearing up for more ransomware attacks both inside and outside of Ukraine. Microsoft calls the group Iridium, but it is perhaps best …

Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks

The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new carriers and fresh sources of capital are emerging, and companies can better afford coverage. Cyber-insurance pricing increased 10% from a …

UK’s Royal Mail Faces Threat From Ransomware Group LockBit

UK’s Royal Mail is facing a threat from ransomware group LockBit, according to information published on a website, at a time when the British postal and parcel firm is grappling with the fallout of a “cyber incident” from last month. …

ION Trading UK Prepares to Bring Clients Back Online After Cyber Attack

ION Trading UK, the technology firm hit by a cyberattack last week, told some clients that it has rebuilt relevant systems and will relaunch them after carrying out independent security testing. ION indicated that some systems could be available on …

Ransomware Hackers Are Targeting Known Server Vulnerability, Italy Warns

Thousands of computer servers have been targeted by a global ransomware hacking attack targeting VMware ESXi servers, Italy’s National Cybersecurity Agency (ACN) said on Sunday, warning organizations to take action to protect their systems. The hacking attack sought to exploit …