What is BAD RABBIT? Ransomware paralyzes train stations, airports and media in Russia and Europe

“An advanced cyberattack has hit media outlets and infrastructure in Russia, Ukraine and Eastern Europe, causing mass disruption Cybersecurity researchers from Kaspersky described the malware, dubbed Bad Rabbit, in a blogpost on Tuesday, October 24. They explained how the previously unknown malware takes control of computer systems and encrypts data so that people. Security researchers […]

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 […]

Hackers Have Been Targeting US Nuclear And Power Plants, And Russia Is Reportedly Suspected

“Hackers believed to be working for a foreign government have recently penetrated the computer networks of power plants across the US, including a nuclear facility in Kansas, according to reports published Thursday. Security specialists have been responding to attacks at various nuclear power and energy facilities since May, according to an urgent joint report issued […]

The Petya ransomware is starting to look like a cyberattack in disguise

“The haze of yesterday’s massive ransomware attack is clearing, and Ukraine has already emerged as the epicenter of the damage. Kaspersky Labs reports that as many as 60 percent of the systems infected by the Petya ransomware were located within Ukraine, far more than anywhere else. The hack’s reach touched some of the country’s most […]

Unprotected server leaves 3 million WWE fans’ personal data vulnerable: report

“An employee of German security firm Kromtech uncovered an unprotected WWE database containing more than 3 million users’ personal information, according to a report published Thursday by Forbes. The data was stored on an Amazon server without any username or password protection, Forbes reported, and was accessible to anyone who knew which web address to […]

What you need to know about the new ransomware ravaging the internet

“A new form of malware hit the internet Tuesday, shutting down systems across Europe and impacting companies from the U.S. to Russia. Unfortunately, the attack, which early reports indicate seems to have hurt Ukrainian organizations and agencies more in particular, is still largely a mystery for security researchers. A form of ransomware, the malware encrypts […]

A new ransomware attack is infecting airlines, banks, and utilities across Europe

“A major ransomware attack has brought businesses to a close throughout Europe, in an infection reminiscent of last month’s WannaCry attack. The most severe damage is being reported by Ukrainian businesses, with systems compromised at Ukraine’s central bank, state telecom, municipal metro, and Kiev’s Boryspil Airport. Systems were also compromised at Ukraine’s Ukrenego electricity supplier, […]

Britain Investigates After U.K. Lawmakers Hit by Possible Cyber Security Attack

“British Parliament on Saturday was investigating an apparent cyberattack that targeted lawmaker’s email accounts. Cybersecurity officials were alerted to the hacking attempt and reportedly notified the lawmakers on Friday. As a safeguard, they immediately blocked Parliament members from remotely accessing emails outside of the secure network in Westminster. A spokesman for the House of Commons […]

Top 5 cybersecurity facts, figures, and statistics for 2017

1. Cybercrime damage costs to hit $6 trillion annually by 2021. It all begins and ends with cybercrime. Without it, there’s nothing to cyber-defend. The cybersecurity community and major media have largely concurred on the prediction that cybercrime damages will cost the world $6 trillion annually by 2021, up from $3 trillion just a year […]