A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing number of ransomware attacks, Reuters reported Tuesday (Oct. 31), following a White House press briefing. Anne Neuberger, deputy national security adviser in...
Ransomware attacks have surged this year, despite efforts to curb them. As a result, experts are now reconsidering the idea of banning ransom payments altogether, Bloomberg reported Wednesday (Oct. 25). Ransomware payments have reached nearly $500 million through September, marking a 50% increase compared to the same...
An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the United Kingdom, Romania and Latvia have disrupted the botnet and malware known as Qakbot, the...
November 13, 2023
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest lender, disconnected itself from an electronic settlement platform for the U.S. Treasury securities operated by BNY Mellon after a ransomware attack last week. According to a report by Reuters Monday (Nov. 13), […]
October 31, 2023
A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing number of ransomware attacks, Reuters reported Tuesday...
October 25, 2023
Ransomware attacks have surged this year, despite efforts to curb them. As a result, experts are now reconsidering the idea of banning ransom payments altogether, Bloomberg reported Wednesday (Oct. 25). Ransomware payments...
August 29, 2023
An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the...
