ransomware
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DPA (German)
Los Angeles (AFP) - A ransomware attack locked down a US jail, knocking out security cameras and leaving inmates confined to their cells, court documents show. Cyber attackers hacked into the computer system that controls servers and internet access at the prison in Bernalillo County, New Mexico last week. For a short time, the jail's automatic door system was knocked out, meaning staff at the Metropolitan Detention Center (MDC) had to manually unlock each cell when detainees needed to get out for exercise or recreation. "The lack of camera coverage... creates a significant security concern fo...
AFP
As we enter December, below are a few expectations of what’s to come for the cybersecurity industry in 2022 from the Forcepoint team. They predict: Q3 2021 hedge fund letters, conferences and more Cyberattacks: Now Part of the Military Arsenal \- Cyberattacks will become a staple of military arsenals in 2022 and beyondAre we Ready for Mass-Market Malicious Updates? \- A significant rise in criminal copycats delivering malware via software updatesSecurity Recalculated: Understanding Risk means Understanding the Workforce \- Organizations will turn to analytics to recalculate their understanding...
ValueWalk
Washington (AFP) - The United States announced a $10 million reward Thursday for help finding leaders of the high-profile ransomware gang DarkSide, authorities' latest try at combating spiking cyber-extortion attacks. Washington blamed the Russia-based group for the online assault that forced the shutdown of the largest oil pipeline in the eastern United States in May. Cyber-extortion heists involve breaking into a company or institution's network to encrypt its data, then demanding a ransom, typically paid via cryptocurrency in exchange for the digital key to unlock it. "In offering this rewa...
AFP
Washington (AFP) - A top US Treasury official on Tuesday called for a "global effort" to combat cyberattacks and to prevent criminals from holding computer systems for ransom. "It's going to be critical that we not only do this in the United States, but that we have a global effort because many of these cyber criminals are domiciled outside of our country," Deputy Treasury Secretary Wally Adeyemo said. Governments, companies and individuals must focus on cybersecurity "to prevent criminal actors from being able to get into their system, and potentially use them to ransom." He testified before ...
AFP
Washington (AFP) - New data out Friday showed $590 million in ransomware-related payments were reported to US authorities in the first half of 2021 alone, setting a pace to beat totals for the whole previous decade as cyber-extortion booms. The figure is also 42 percent higher than the amount divulged by financial institutions for all of 2020, the US Treasury report said, and there are strong indicators the true cost could be in the billions. "If current trends continue, (reports) filed in 2021 are projected to have a higher ransomware-related transaction value than... filed in the previous 10...
AFP
Washington (AFP) - Over two dozen nations resolved Thursday to battle collectively against the global and escalating threat posed by cyber-extortionists, following a Washington-led anti-ransomware summit. The United States gathered the countries -- with the notable exception of Russia -- to unify and boost efforts to fight a cybercrime that is transnational, on the rise and potentially devastating. "The threat of ransomware is complex and global in nature and requires a shared response," the joint summit statement said, adding the nations "recognize the need for urgent action, common prioritie...
AFP
Washington (AFP) - A digital "disaster" in Germany, growing attacks in the United Arab Emirates and even Israel announcing a blitz underway: nations disclosed their struggle Wednesday against cyber-extortionists at a Washington-led anti-ransomware summit. The United States has convened some 30 countries -- with the notable exception of Russia -- to boost cooperation in fighting the costly and disruptive attacks that have boomed around the world. As if on cue, Yigal Unna, director of Israel's National Cyber Directorate, broke news of the latest incident. "I can disclose now that Israel is exper...
AFP
Washington (AFP) - Top US officials met at the White House on stopping ransomware Wednesday, as pressure mounted on President Joe Biden to take action against Russia over cyberattacks. Days after hundreds of companies in the US and around 1,500 worldwide saw their computer systems hijacked by allegedly Russia-based ransomware group REvil, there were calls for tough counterattacks by the Pentagon's cyber warriors and more sanctions on Moscow. The White House meeting, including officials from the State Department, Homeland Security, Justice Department and intelligence, also followed news that al...
AFP
The FBI said hackers based in Russia targeted JBS (OTCMKTS:JBSAY), the biggest meat producer in the world, with ransomware this week. According to Fox Business, other hackers based in Russia and other countries hit the Colonial Pipeline and other infrastructure, Washington, D.C.’s Metro Police Department, water-treatment plants, small businesses and even hospitals. Q1 2021 hedge fund letters, conferences and more Details on the JBS cyberattackBeef prices increased after JBS revealed that it had been targeted by ransomware. However, CNBC reports that the company said it had made "significant pr...
ValueWalk
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