Tag: ransom payment
-
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.…
-
The Register: Would banning ransomware insurance stop the scourge?
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
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…