RANSOMWARE ATTACKS RISE 250 PERCENT IN 2017, HITTING U.S. HARDEST

“Mobile ransomware has risen by over 250 percent during the first few months of 2017, according to a report Monday by the security firm Kaspersky. The publication of the cybersecurity statistics, which revealed that the U.S. is the country worst affected by the issue, comes as experts warn of a ransomware epidemic in the wake […]

Largest Hollywood hack in history may have compromised HBO confidential documents, emails

“A coordinated cyberattack on July 27 saw hackers walk away with one-and-a-half terabytes of HBO data, a publication reported, which included video footage, internal documents and email correspondence. Insiders at HBO now fear the lack of motive or ransom demand may lead the culprits to leak confidential emails and documents, according to The Hollywood Reporter. […]

Google Warns Ransomware Boom Scored Crooks $2 Million A Month

“As the ransomware scourge calms down for the summer holidays, Google has taken a retrospective at that particular pesky form of cybercrime, finding it only become massively profitable in the last year and a half. That was largely thanks to two forms of ransomware, Locky and Cerber. They’re the illicit market’s kingpins that really came […]

Apple warns cyber threat could wipe out iPhones, issues fix

Apple issued a new warning after a new hacking threat. The tech giant says there is a new cyber threat, but has taken steps to thwart the attack. FOX Business Network’s Tracee Carrasco reports, “Apple has now issued a critical security patch for all iOS devices and for Mac computers against a potential hack that […]

Hackers are targeting hotel Wi-Fi with particularly evil malware

“Just because your hotel offers complimentary Wi-Fi, it doesn’t mean you have to take it. Hackers may be lurking, looking to compromise your computer, especially if you’re a high priority target staying at luxury hotels around the globe. The DarkHotel hacker group has been active for more than 10 years, ZDNet explains, and they’re back […]

Hackers Had Access To Millions Of Social Security Numbers

“Hackers who breached a Kansas Department of Commerce data system in March had access to more than 5.5 million Social Security numbers in 10 states, along with another 805,000 accounts that didn’t include the Social Security numbers, according to records obtained from the agency. The department will be required to pay for credit monitoring for […]

Cisco Security Report: 34% of Service Providers Lost Revenue from Attacks

“A new type of security threat — “destruction of service” (DeOS) attacks, which could eliminate companies’ backups and safety nets — could cause way more damage to businesses than ransomware. This is according to Cisco’s 2017 Midyear Cybersecurity Report in which the company coined the term DeOS attack. The report says the Internet of Things […]

NotPetya Is a Cyber Weapon, Not Ransomware

Yesterday morning, after monitoring this new outbreak for 24 hours, the conclusion was that we were dealing with cyber warfare, and not ransomware. Two separate reports coming from Comae Technologies and Kaspersky Lab experts confirm this now. NotPetya is a destructive disk wiper similar to Shamoon which has been targeting Saudi Arabia in the recent […]

Canadian firm pays $425,000 to recover from ransomware attack

“A major Canadian company was forced to pay $425,000 in Bitcoin over the weekend to restore its computer systems after suffering a crippling ransomware attack that not only encrypted its production databases but also the backups as well. “They literally had not choice but to pay” because the backups were frozen, said Daniel Tobok, CEO […]

FedEx Reports Material Financial Impact From Last Month’s ‘Petya’ Cyber Attack

“FedEx Corp. announced that it expects to see a material financial impact from the ‘Petya’ cyber attack that crippled the computer systems of its European arm TNT Express, which FedEx acquired in May 2016. The company made the announcement in its SEC 10K filing. FedEx said that all of its other computer operations were unaffected […]