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 ...
Victims of ransomware paid their attackers more than $1 billion last year, a new report has found, a record high.
The hackers demanded a $30 million USD ransom from Caesars, which paid $15 million to the hackers. MGM, however, did not pay the ransom and instead shut down all systems for a period of weeks. This further affected MGM's online offerings, such as its sports betting platform BetMGM.
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 ]
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 ... For premium support please call: 800-290-4726 more ways to reach ...
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]