Search results
Results from the WOW.Com Content Network
The company's nearly $5 million ransom payment to hackers defies the conventional wisdom that companies shouldn't give in to cybercriminals' demands.
It was patriotism that made Colonial Pipeline pay millions in ransom to hackers who gained control of a crucial conduit, the company’s CEO said Wednesday. CEO Joseph Blount admitted to paying $4 ...
It holds, for example, weekly summits for businesses to strengthen their digital defenses and prevent the use of anonymized cryptocurrency platforms as a means to pay ransom demands. [10] In the first half of 2022, the RTF reported a significant decline in ransomware attacks in the U.S. [ 11 ]
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.
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]
Hive employed a wide variety of tactics, techniques, and procedures (TTPs), creating significant challenges for defense and mitigation. According to the Federal Bureau of Investigation (FBI), it functioned as affiliate-based ransomware, using multiple mechanisms to compromise business networks, including phishing emails with malicious attachments to gain access, and Remote Desktop Protocol ...
For premium support please call: 800-290-4726 more ways to reach us