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Posts Tagged ‘ransomware’
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September 23, 2016

Could Digital Currencies Become a Target in the Fight Against Ransomware?

According to a former assistant attorney general at the U.S. Department of Justice’s National Security Division, tackling the rise in ransomware attacks could see action taken against hard-to-trace digital currencies such as bitcoin.

In the last year, there has been an increase in the number of ransomware attacks.

Earlier this year, a Canadian university had to pay bitcoin to malicious hackers so that it could access its computer systems after a cyberattack denied access to its data. In February, a Hollywood hospital was the target of ransomware attack and had to pay $17,000 in bitcoins to the extortionists.

Unsurprisingly, due to the rise in ransomware attacks, [...]

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September 23, 2016

India Ranks Fourth Globally in Ransomware Attacks

India is facing a major issue as ransomware attacks continue to rise in the country as it ranks fourth in the country and the world.

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September 21, 2016

Report: Healthcare Services Pay Nearly $100,000 to Ransomware Attacker

A new report has found that hospitals are increasingly targeted by ransomware attackers because of the low-security measures put into place.

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April 1, 2016

Cryptocurrency for Ransomware May Fuel “Largest Crimewave in Modern History”

A new cybersecurity alert by a private phishing defense firm has released a warning to all organizations that ransomware attacks are expected to increase.

A new alert issued by PhishMe, a phishing defense solutions provider has asserted that ransomware attacks are on the rise and are unlikely to go away anytime soon.

To the contrary, a common consensus among cybersecurity experts and former federal law enforcement officials reveal that the coming together of factors such as exploitable digital data, cryptocurrency ransoms and vulnerable employees might fuel “the largest crimewave” in modern history.

The alert comes on the same day when the United States and [...]

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