ransomware

Treasury Reports $590M in Suspected Ransomware Payments
Treasury Reports $590M in Suspected Ransomware Payments
October 15, 2021  |  Security & Fraud

A new report from the Treasury Department shows that American banks and financial institutions (FIs) recorded close to $600 million in suspected ransomware payments during...

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Biden To Confer With Top Tech CEOs About Cybersecurity Turmoils
Biden To Confer With Top Tech CEOs About Cybersecurity Turmoils
August 24, 2021  |  Security & Fraud

U.S. President Joe Biden is expected to meet with the CEOs of Apple, Microsoft, Amazon and others on Wednesday (Aug. 25) to discuss cybersecurity concerns...

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Poly Network Hacker Returns $610M In Stolen Crypto
Poly Network Hacker Returns $610M In Stolen Crypto
August 23, 2021  |  Security & Fraud

Days after the cryptocurrency platform Poly Network issued a $500,000 reward for the return of $610 million in stolen funds, the purported hacker returned the...

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Data Shows Cyberattack Ransom Up 82 Pct Since 2020
Data Shows Cyberattack Ransom Up 82 Pct Since 2020
August 10, 2021  |  Security & Fraud

As ransomware has increased in proliferation, so has the amount paid on average to the criminals, a Computer Weekly report says, citing data from the...

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FBI To Congress: Banning Ransomware Payouts Could Backfire 
FBI To Congress: Banning Ransomware Payouts Could Backfire 
July 28, 2021  |  Security & Fraud

Approaches to ransomware payoffs are getting a lot of attention from government agencies, cybersecurity firms and think tanks, but the FBI has now handed down...

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Government Could Require Companies To Report Cyberattacks
Government Could Require Companies To Report Cyberattacks
July 21, 2021  |  Security & Fraud

A new piece of legislation would require some companies to inform the federal government if they’ve become the victim of a cyberattack. As CNBC reported...

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Insurers Tighten Coverage For Cyberattacks
Insurers Tighten Coverage For Cyberattacks
July 20, 2021  |  Security & Fraud

Insurers are having to take a hard look at how they deal with ransomware attacks as they keep happening and coverage is much more necessary...

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Ransomware Attack At Corporate Law Firm Potentially Exposed Clients’ Personal Data
Ransomware Attack At Corporate Law Firm Potentially Exposed Clients’ Personal Data
July 20, 2021  |  Security & Fraud

Corporate law firm Campbell Conroy & O’Neil has given users notice of a data breach from a ransomware attack, a company press release says. The...

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Ransomware Attack Hits UK Northern Railway Ticketing Terminals
Ransomware Attack Hits UK Northern Railway Ticketing Terminals
July 20, 2021  |  Security & Fraud

The self-ticketing terminals at Northern Railway were hit by a ransomware cyberattack, and the system has been offline while regulators investigate the issue, the BBC...

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