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The company's nearly $5 million ransom payment to hackers defies the conventional wisdom that companies shouldn't give in to cybercriminals' demands.
Victims of ransomware paid their attackers more than $1 billion last year, a new report has found, a record high.
The No More Ransom Project is an initiative by the Netherlands' police's National High Tech Crime Unit, Europol’s European Cybercrime Centre, Kaspersky Lab and McAfee to help ransomware victims recover their data without paying a ransom. [158] They offer a free CryptoSheriff tool to analyze encrypted files and search for decryption tools. [159]
LockBit is a cybercriminal group proposing ransomware as a service (RaaS). Software developed by the group (also called ransomware) enables malicious actors who are willing to pay for using it to carry out attacks in two tactics where they not only encrypt the victim's data and demand payment of a ransom, but also threaten to leak it publicly if their demands are not met.
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Rhysida is a ransomware group that encrypts data on victims' computer systems and threatens to make it publicly available unless a ransom is paid. [1] The group uses eponymous ransomware-as-a-service techniques, targets large organisations rather than making random attacks on individuals, and demands large sums of money to restore data. [2]
San Bernardino County officials confirmed that hackers had been paid a $1.1-million ransom after a cyberattack on the Sheriff's Department, an unusual move for hacks involving law enforcement ...
Minecraft mods have been an attack vector of malware by downloading and running malicious mods. [55] [56] In March 2017, Slovak cyber company ESET revealed that 87 examples of trojan horse malware were distributed through the Google Play Store under the guise of Minecraft mods. Their purpose was to either display adverts or con players into ...