Tag: ransom payment
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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…
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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…
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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…
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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…
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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…
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Krebs on Security: Canadian Man Arrested in Snowflake Data Extortions
Source URL: https://krebsonsecurity.com/2024/11/canadian-man-arrested-in-snowflake-data-extortions/ Source: Krebs on Security Title: Canadian Man Arrested in Snowflake Data Extortions Feedly Summary: A 26-year-old man in Ontario, Canada has been arrested for allegedly stealing data from and extorting more than 160 companies that used the cloud data service Snowflake. On October 30, Canadian authorities arrested Alexander Moucka, a.k.a. Connor Riley…
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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…
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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.…