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The importance of accessibility and protection of personal information can never be overstated especially when it comes to online dealings. This is because of the sensitive nature of such information which could prove extremely detrimental in cases where it falls into the wrong hands. One of the major instruments that facilitate such fraudulent access and […]
Oops! Your files are encrypted! Pay the ransom. Well, did you ever saw these words flash on your screen? If no, you must be thankful for this. When this happens to you, you may be perplexed about what has happened to your computer. A simple explanation to your baffling is that your files are encrypted […]
The Belgian manufacturer of aeronautical equipment ASCO was forced to close its operations in Belgium, Germany, Canada and the United States after a ransomware attack at its Zaventem plant in Belgium. ASCO is one of the world’s largest manufacturers of aeronautical equipment and provides high-end aeronautical equipment, such as lifting devices, mechanical assemblies and functional […]
Mayor Bernard C. “Jack” Young had assured the residents of Baltimore that the city’s emergency system will start functioning normally, even as they fight ransomware attacks on their computer networks. FBI agents are investigating the cyber breach, which was first discovered Tuesday morning, and the city’s IT department is working to fix the problem with […]
One of the biggest malware threats of 2018 was Ransomware, and it continues to disrupt businesses and daily lives of individuals across the world. In 2019 ransomware has taken a new form – security experts believe that researchers have noted thousands of different ransomware variants looming large on the internet. ransomware is becoming more sophisticated […]
The most efficient malware used by cyber crooks is Ransomware. Affecting everyone and everything it continues to wreak havoc on a global scale, from regular Internet users to enterprises to critical infrastructures. So why do hackers still win? Cyber criminals who unleash ransomware have learned that attacks targeting large corporations yield much more profit than […]
A new legislation that has been announced by North Carolina’s Attorney General Josh Stein and Rep. Jason Saine would soon make ransomware attack disclosure mandatory in North Carolina. The proposed legislation, which is designed to strengthen North Carolina’s identity theft protection law, includes ransomware attacks as security breaches which would require organizations in the state […]
Ransomware tops in the list of cyber insurance claims that were received by the insurance giant AIG last year. As per the cyber claim insurance statistics published by AIG for the year 2017, more than quarter of all cyber crime-related insurance claims that were received by the company were the result of ransomware attacks. The […]
Cyber Security is top in priority for any enterprise today. There have been so many malware attacks, especially ransomware attacks, in the recent past and many leading companies and organizations have been affected in a big way. The WannaCry attack and the NotPetya attack have reiterated the importance of cyber security in a never before […]
The progression in Artificial Intelligence have incited intense debate worldwide, some experts are calling AI to counter malware attacks In a short span of six weeks, the world was hit twice by major ransomware attacks — malicious software that seizes the data stored on your computer systems and would only release it to you upon receiving ransom […]
McAfee Labs report says 244 new threats are detected every minute – and that Android is the target in a boom in ransomware attacks. The number of different families of ransomware is ever-growing and has risen to almost 10 million known samples of the file-encrypting malware – while the most stealthy forms of malicious software […]
Secure payment system Bitcoin has many legitimate uses, but like other technologies, it’s also been beneficial to cybercriminals seeking new ways to extort money. Ransomware is booming. Be it Locky, CryptXXX or one of the countless other variants of the data-encrypting malware, cybercriminals are making hundreds of thousands of dollars every month off the back […]