A Russia-linked cybercrime gang was allegedly responsible for ransomware attacks that took down a swath of Germany’s fuel-distribution system this week and hindered payments at some filling stations. Hackers using a strain of ransomware known as “Black Cat” infected computers …
Hackers are hitting Britain where it hurts by targeting some of its favorite savory snacks, with the likes of Hula Hoops, KP Nuts, Butterkist popcorn and Nik Naks in their cyber sights. The company behind those brands, KP Snacks, has …
It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to prevent the problems from …
Microsoft Corp. said in a blog post on Saturday it observed destructive malware in systems belonging to several Ukrainian government agencies and organizations that work closely with the Ukrainian government. The victims of the malware include Ukrainian government agencies that …
“Cybersecurity failure” was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum’s Global Risks Perception Survey (GRPS). GRPS respondents rank cybersecurity failure among the top-10 risks that have worsened most since the start …
Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion, the company told Reuters, adding it was eyeing an initial public offering in the United States. The funding round led …
Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s signals intelligence agency said on Monday. The Communications Security Establishment (CSE), citing attacks on North American …
A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report issued Monday. The Office of the Comptroller …
CFC Underwriting, the specialist managing general agent, has released a new tool designed to help customers understand the potential cost of a ransomware attack to their business. “Ransomware threats are one of the most serious cyber threats facing modern businesses. …
LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. Faced with increased demand, major European and U.S. …
