ransomware

Major Hacks Highlight Evolving Ransomware Threat in Europe
Major Hacks Highlight Evolving Ransomware Threat in Europe
January 23, 2023  |  Security & Fraud

A string of major hacks in Europe has put ransomware in the spotlight. A type of malware that infects computer networks, ransomware threatens to publish...

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Ransomware Attack Affects 300 UK Yum! Brand Restaurants
Ransomware Attack Affects 300 UK Yum! Brand Restaurants
January 19, 2023  |  Security & Fraud

The fast food company Yum! Brands has announced a major cybersecurity breach in the U.K. In a Wednesday (Jan. 18) statement, the firm, which operates...

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ShipManager Hack Puts 1,000 Vessels’ Data at Risk
ShipManager Hack Puts 1,000 Vessels’ Data at Risk
January 18, 2023  |  Security & Fraud

ShipManager servers fell victim to a ransomware attack on Jan. 7. DNV, the Oslo-based company that operates the fleet management platform, announced the cybersecurity breach...

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Ransomware Groups Target Public Companies and Healthcare 
Ransomware Groups Target Public Companies and Healthcare 
December 09, 2022  |  Security & Fraud

Fake medical documents and fabricated “evidence” are two new schemes being deployed by ransomware groups. Krebs on Security reported Thursday (Dec. 8) that these schemes...

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FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
November 01, 2022  |  Security & Fraud

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year. The...

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Elliptic: Cross-Chain Payments Bridges Are DeFi’s Next Big AML Battleground
Elliptic: Cross-Chain Payments Bridges Are DeFi’s Next Big AML Battleground
August 11, 2022  |  Cryptocurrency

In case you thought the biggest problem with cross-chain bridges used to make payments between blockchains was that they are fantastically vulnerable to hackers, with...

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HanesBrands Speeds up Supply Chain Remake After $100M Hit From Cyberattack
HanesBrands Speeds up Supply Chain Remake After $100M Hit From Cyberattack
August 11, 2022  |  Retail

After suffering a cyberattack that cost it $100 million in net sales, HanesBrands is pressing forward with its efforts to remake its supply chain and...

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Ransomware Fraudsters Pivot as Payments Shrink 
Ransomware Fraudsters Pivot as Payments Shrink 
July 29, 2022  |  Security & Fraud

Cybercriminals engaged in ransomware-as-a-service (RaaS) have been forced to pivot in how they run their fraudulent operations, as fewer victims coughed up payments this year...

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DOJ Recovers $500K in Healthcare Ransom Demanded by North Korean Hackers 
DOJ Recovers $500K in Healthcare Ransom Demanded by North Korean Hackers 
July 21, 2022  |  Security & Fraud

Roughly a half-million dollars was seized on behalf of healthcare providers that reportedly paid ransom to North Korean hackers, the U.S Department of Justice said. ...

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