Tag: ransom payment

  • Slashdot: UK Plans To Ban Public Sector Organizations From Paying Ransomware Hackers

    Source URL: https://news.slashdot.org/story/25/01/14/160241/uk-plans-to-ban-public-sector-organizations-from-paying-ransomware-hackers?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: UK Plans To Ban Public Sector Organizations From Paying Ransomware Hackers Feedly Summary: AI Summary and Description: Yes Summary: The U.K. government is considering a targeted ban on ransomware payments for public sector entities in response to rising cyberattacks. This proposal aims to disrupt the financial incentives that fuel…

  • The Register: UK floats ransomware payout ban for public sector

    Source URL: https://www.theregister.com/2025/01/14/uk_ransomware_payout_ban/ Source: The Register Title: UK floats ransomware payout ban for public sector Feedly Summary: Stronger proposals may also see private sector applying for a payment ‘license’ A total ban on ransomware payments across the public sector might actually happen after the UK government opened a consultation on how to combat the trend…

  • The Register: Ransomware crew abuses AWS native encryption, sets data-destruct timer for 7 days

    Source URL: https://www.theregister.com/2025/01/13/ransomware_crew_abuses_compromised_aws/ Source: The Register Title: Ransomware crew abuses AWS native encryption, sets data-destruct timer for 7 days Feedly Summary: ‘Codefinger’ crims on the hunt for compromised keys A new ransomware crew dubbed Codefinger targets AWS S3 buckets and uses the cloud giant’s own server-side encryption with customer provided keys (SSE-C) to lock up…

  • The Register: How cops taking down LockBit, ALPHV led to RansomHub’s meteoric rise

    Source URL: https://www.theregister.com/2024/12/28/lockbit_alphv_disruptions_ransomhub_rise/ Source: The Register Title: How cops taking down LockBit, ALPHV led to RansomHub’s meteoric rise Feedly Summary: Cut off one head, two more grow back in its place RansomHub, the ransomware collective that emerged earlier this year, quickly gained momentum, outpacing its criminal colleagues and hitting its victims especially hard. The group…

  • Wired: The Worst Hacks of 2024

    Source URL: https://www.wired.com/story/worst-hacks-2024/ Source: Wired Title: The Worst Hacks of 2024 Feedly Summary: From Chinese cyberspies breaching US telecoms to ruthless ransomware gangs disrupting health care for millions of people, 2024 saw some of the worst hacks, breaches, and data leaks ever. AI Summary and Description: Yes Summary: The text outlines significant cybersecurity incidents and…

  • Cloud Blog: Cloud CISO Perspectives: Ending ransomware starts with more reporting

    Source URL: https://cloud.google.com/blog/products/identity-security/cloud-ciso-perspectives-ransomware-cyber-insurance-reporting/ Source: Cloud Blog Title: Cloud CISO Perspectives: Ending ransomware starts with more reporting Feedly Summary: Welcome to the second Cloud CISO Perspectives for November 2024. Today, Monica Shokrai, head of business risk and insurance, Google Cloud, and Kimberly Goody, cybercrime analysis lead, Google Threat Intelligence Group, explore the role cyber-insurance can play…

  • CSA: How Does Ransomware Threatens Your Business?

    Source URL: https://cloudsecurityalliance.org/articles/tackling-ransomware-head-on-a-business-s-guide-to-understanding-and-defense Source: CSA Title: How Does Ransomware Threatens Your Business? Feedly Summary: AI Summary and Description: Yes Summary: The text elaborates on the growing threat of ransomware, detailing its mechanics and emphasizing its impact on businesses. It highlights the need for proactive cybersecurity measures, making it a pertinent read for professionals concerned with…

  • Hacker News: UnitedHealth says data of 100M stolen in Change Healthcare hack

    Source URL: https://www.bleepingcomputer.com/news/security/unitedhealth-says-data-of-100-million-stolen-in-change-healthcare-hack/ Source: Hacker News Title: UnitedHealth says data of 100M stolen in Change Healthcare hack Feedly Summary: Comments AI Summary and Description: Yes Summary: The Change Healthcare ransomware attack represents one of the largest healthcare data breaches in recent years, affecting over 100 million individuals. Sensitive personal and medical information was compromised, resulting…

  • Slashdot: The Government is Getting Fed Up With Ransomware Payments Fueling Endless Cycle of Cyberattacks

    Source URL: https://news.slashdot.org/story/24/10/18/1618246/the-government-is-getting-fed-up-with-ransomware-payments-fueling-endless-cycle-of-cyberattacks?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: The Government is Getting Fed Up With Ransomware Payments Fueling Endless Cycle of Cyberattacks Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the rising threat of ransomware attacks in 2024, highlighting U.S. officials’ calls for reform in cyber insurance practices that may inadvertently support criminal activities.…