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Tag: ransom payments

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

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    Kurt Seifried
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    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

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

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    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…

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

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    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?

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    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…

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

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    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?

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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:…

  • The Register: Valencia Ransomware crew explodes on the scene, claims California city, fashion giant, more as victims

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    Source URL: https://www.theregister.com/2024/09/19/valencia_ransomware_california_city/ Source: The Register Title: Valencia Ransomware crew explodes on the scene, claims California city, fashion giant, more as victims Feedly Summary: Boasts ‘appear to be credible’ experts tell El Reg A California city, a Spanish fashion giant, an Indian paper manufacturer, and two pharmaceutical companies are the alleged victims of what looks…