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Tag: ransom payment

  • The Register: Would banning ransomware insurance stop the scourge?

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    Source URL: https://www.theregister.com/2024/10/14/ransomware_insurance_ban/ Source: The Register Title: Would banning ransomware insurance stop the scourge? Feedly Summary: White House official makes case for ending extortion reimbursements Ransomware attacks are costing businesses and governments billions of dollars and putting people’s lives at risk – in some cases, reportedly causing their deaths.… AI Summary and Description: Yes Summary:…

  • Hacker News: American Radio Relay League paid $1M ransom payment

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    Source URL: https://databreaches.net/2024/08/27/american-radio-relay-league-paid-1-million-ransom-payment/ Source: Hacker News Title: American Radio Relay League paid $1M ransom payment Feedly Summary: Comments AI Summary and Description: Yes Summary: The recent ransomware attack on the American Radio Relay League (ARRL) highlights significant security challenges, especially for small organizations without extensive resources. The group paid a $1 million ransom after their…