Tag Archives: ransomware

Russia’s most aggressive ransomware group disappeared. It’s unclear who disabled them.

Just days after President Biden demanded that President Vladimir V. Putin of Russia shut down ransomware groups attacking American targets, the most aggressive of the groups suddenly went off-line early Tuesday.

The mystery is who made it happen.

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The anatomy of a ransomware attack: Inside the hacks that lock down computer systems and damage businesses.

Just hours before the Fourth of July weekend, a huge, coordinated cyberattack hit hundreds of businesses across the world. A group of hackers broke in by exploiting a hole in the software code of an information technology company with a wide-ranging client base, then demanded $70 million in ransom.

Continue reading The anatomy of a ransomware attack: Inside the hacks that lock down computer systems and damage businesses.

Widespread ransomware attack likely hit ‘thousands’ of companies on eve of long weekend

A sprawling ransomware attack that hit hours before the beginning of the July Fourth holiday weekend has already affected hundreds of businesses and is likely to hit many more, researchers said.

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How remote work opened the floodgates to ransomware; plus How to Cut Down on Ransomware Attacks Without Banning Bitcoin

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Ransomware has roared into the headlines in recent weeks after criminal hacking networks, tentatively linked to Russia, launched attacks on the major US meat packing plant JBS and the nation’s largest fuel pipeline.

Continue reading How remote work opened the floodgates to ransomware; plus How to Cut Down on Ransomware Attacks Without Banning Bitcoin

F.B.I. Director Compares Danger of Ransomware to 9/11 Terror Threat

The Biden administration is sounding increasingly urgent alarms about high-profile ransomware attacks that have caused widespread gas shortages, shut meat processing plants and paralyzed hospitals, as officials step up efforts to counter cyberthreats.

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U.S. to give ransomware hacks similar priority as terrorism

The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters.

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