Tag: ransom payment
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The Register: If Ransomware Inc was a company, its 2024 results would be a horror show
Source URL: https://www.theregister.com/2025/02/07/ransomware_costs_analysis/ Source: The Register Title: If Ransomware Inc was a company, its 2024 results would be a horror show Feedly Summary: 35% drop in payments across the year as your backups got better and law enforcement made a difference Ransomware extortion payments fell in 2024, according to blockchain analyst biz Chainalysis this week.……
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Wired: Meet the Hired Guns Who Make Sure School Cyberattacks Stay Hidden
Source URL: https://www.wired.com/story/meet-the-hired-guns-who-make-sure-school-cyberattacks-stay-hidden/ Source: Wired Title: Meet the Hired Guns Who Make Sure School Cyberattacks Stay Hidden Feedly Summary: An investigation into more than 300 cyberattacks against US K–12 schools over the past five years shows how schools can withhold crucial details from students and parents whose data was stolen. AI Summary and Description: Yes…
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The Register: Ransomware attack forces Brit high school to shut doors
Source URL: https://www.theregister.com/2025/01/20/blacon_high_school_ransomware/ Source: The Register Title: Ransomware attack forces Brit high school to shut doors Feedly Summary: Students have work to complete at home in the meantime A UK high school will have to close for at least two days, today and tomorrow, after becoming the latest public-sector victim of ransomware criminals.… AI Summary…
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The Register: Medusa ransomware group claims attack on UK’s Gateshead Council
Source URL: https://www.theregister.com/2025/01/17/gateshead_council_cybersecurity_incident/ Source: The Register Title: Medusa ransomware group claims attack on UK’s Gateshead Council Feedly Summary: Pastes allegedly stolen documents on leak site with £600K demand Another year and yet another UK local authority has been pwned by a ransomware crew. This time it’s Gateshead Council in North East England at the hands…
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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…