Learning from the huge expenses Atlanta and Baltimore incurred by refusing to pay ransomware, the Florida City of Riveria Beach decided to pay up. The ransom amount of almost $600,000 is a lot, but much cheaper than the alternative. Powered by WPeMatico
Category: ransomware
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This will complicate things: To complicate matters, having cyber insurance might not cover everyone’s losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S. and other governments labeled the NotPetya attack as an action by the Russian military their claim was excluded under the “hostile … Read More “Cybersecurity Insurance Not Paying for NotPetya Losses” »
This is a good article on the complicated story of hacker Marcus Hutchins. Powered by WPeMatico
No More Ransom is a central repository of keys and applications for ransomware, so people can recover their data without paying. It’s not complete, of course, but is pretty good against older strains of ransomware. The site is a joint effort by Europol, the Dutch police, Kaspersky, and McAfee. Powered by WPeMatico
I don’t have anything to say — mostly because I’m otherwise busy — about the malware known as GoldenEye, NotPetya, or ExPetr. But I wanted a post to park links. Please add any good relevant links in the comments. Powered by WPeMatico
There’s evidence: Though the assessment is not conclusive, the preponderance of the evidence points to Pyongyang. It includes the range of computer Internet protocol addresses in China historically used by the RGB, and the assessment is consistent with intelligence gathered recently by other Western spy agencies. It states that the hackers behind WannaCry are also … Read More “NSA Links WannaCry to North Korea” »
There is plenty of blame to go around for the WannaCry ransomware that spread throughout the Internet earlier this month, disrupting work at hospitals, factories, businesses, and universities. First, there are the writers of the malicious software, which blocks victims’ access to their computers until they pay a fee. Then there are the users who … Read More “WannaCry and Vulnerabilities” »
As devastating as the latest widespread ransomware attacks have been, it’s a problem with a solution. If your copy of Windows is relatively current and you’ve kept it updated, your laptop is immune. It’s only older unpatched systems on your computer that are vulnerable. Patching is how the computer industry maintains security in the face … Read More “Ransomware and the Internet of Things” »
Ransomware isn’t new, but it’s increasingly popular and profitable. The concept is simple: Your computer gets infected with a virus that encrypts your files until you pay a ransom. It’s extortion taken to its networked extreme. The criminals provide step-by-step instructions on how to pay, sometimes even offering a help line for victims unsure how … Read More “The Future of Ransomware” »
Criminals go where the money is, and cybercriminals are no exception. And right now, the money is in ransomware. It’s a simple scam. Encrypt the victim’s hard drive, then extract a fee to decrypt it. The scammers can’t charge too much, because they want the victim to pay rather than give up on the data. … Read More “WannaCry Ransomware” »