Tag: ransom payment
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Krebs on Security: Canadian Man Arrested in Snowflake Data Extortions
Source URL: https://krebsonsecurity.com/2024/11/canadian-man-arrested-in-snowflake-data-extortions/ Source: Krebs on Security Title: Canadian Man Arrested in Snowflake Data Extortions Feedly Summary: A 26-year-old man in Ontario, Canada has been arrested for allegedly stealing data from and extorting more than 160 companies that used the cloud data service Snowflake. On October 30, Canadian authorities arrested Alexander Moucka, a.k.a. Connor Riley…
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CSA: How Does Ransomware Threatens Your Business?
Source URL: https://cloudsecurityalliance.org/articles/tackling-ransomware-head-on-a-business-s-guide-to-understanding-and-defense Source: CSA Title: How Does Ransomware Threatens Your Business? Feedly Summary: AI Summary and Description: Yes Summary: The text elaborates on the growing threat of ransomware, detailing its mechanics and emphasizing its impact on businesses. It highlights the need for proactive cybersecurity measures, making it a pertinent read for professionals concerned with…
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Slashdot: The Government is Getting Fed Up With Ransomware Payments Fueling Endless Cycle of Cyberattacks
Source URL: https://news.slashdot.org/story/24/10/18/1618246/the-government-is-getting-fed-up-with-ransomware-payments-fueling-endless-cycle-of-cyberattacks?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: The Government is Getting Fed Up With Ransomware Payments Fueling Endless Cycle of Cyberattacks Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the rising threat of ransomware attacks in 2024, highlighting U.S. officials’ calls for reform in cyber insurance practices that may inadvertently support criminal activities.…
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The Register: Would banning ransomware insurance stop the scourge?
Source URL: https://www.theregister.com/2024/10/14/ransomware_insurance_ban/ Source: The Register Title: Would banning ransomware insurance stop the scourge? Feedly Summary: White House official makes case for ending extortion reimbursements Ransomware attacks are costing businesses and governments billions of dollars and putting people’s lives at risk – in some cases, reportedly causing their deaths.… AI Summary and Description: Yes Summary:…
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Hacker News: American Radio Relay League paid $1M ransom payment
Source URL: https://databreaches.net/2024/08/27/american-radio-relay-league-paid-1-million-ransom-payment/ Source: Hacker News Title: American Radio Relay League paid $1M ransom payment Feedly Summary: Comments AI Summary and Description: Yes Summary: The recent ransomware attack on the American Radio Relay League (ARRL) highlights significant security challenges, especially for small organizations without extensive resources. The group paid a $1 million ransom after their…