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"How Cryptocurrency Gave Birth to the Ransomware Epidemic"

"Cryptocurrency has changed the game of cybercrime," argues Vice's Christian Devolu, in a new episode of their video series CRYPTOLAND. "Hackers and cybergangs have been locking down the data of large corporations, police departments, and even hospit.....»»

Category: topSource:  slashdotApr 16th, 2022

2024 sees continued increase in ransomware activity

In this Help Net Security video, Ryan Bell, Threat Intelligence Manager at Corvus Insurance, discusses how ransomware will continue to grow in 2024. In January, Corvus reported that global ransomware attacks in 2023 set a record high, surpassing 2022.....»»

Category: securitySource:  netsecurityRelated NewsMay 23rd, 2024

Ransomware fallout: 94% experience downtime, 40% face work stoppage

Within the last 12 months, 48% of organizations identified evidence of a successful breach within their environment, according to Arctic Wolf. To fully understand the gravity of this statistic, it is important to understand that, although 48% of thes.....»»

Category: securitySource:  netsecurityRelated NewsMay 23rd, 2024

HHS pledges $50M for autonomous vulnerability management solution for hospitals

As organizations in the healthcare sector continue to be a prime target for ransomware gangs and CISA warns about a vulnerability (CVE-2023-43208) in a healthcare-specific platform being leveraged by attackers, the Advanced Research Projects Agency f.....»»

Category: securitySource:  netsecurityRelated NewsMay 23rd, 2024

Birth of universe"s earliest galaxies observed for first time

Using the James Webb Space Telescope, University of Copenhagen researchers have become the first to see the formation of three of the earliest galaxies in the universe, more than 13 billion years ago. The sensational discovery contributes important k.....»»

Category: topSource:  physorgRelated NewsMay 23rd, 2024

Researchers identify the pathogen causing sea urchin mass mortalities in the Red Sea

A continuing study from Tel Aviv University has found that the deadly epidemic discovered last year, which has essentially wiped out Eilat's most abundant and ecologically significant sea urchins, has spread across the Red Sea and into the Indian Oce.....»»

Category: topSource:  physorgRelated NewsMay 23rd, 2024

US government spending $50m on auto-patcher for hospital IT

There is a lot at stake for the UPGRADE program as hackers continue to batter healthcare organizations with malware and ransomware......»»

Category: topSource:  pcmagRelated NewsMay 23rd, 2024

Evolving market dynamics foster consumer inattention that can lead to risky purchases, says researchers

Researchers have developed a new theory of how changing market conditions can lead large numbers of otherwise cautious consumers to buy risky products such as subprime mortgages, cryptocurrency or even cosmetic surgery procedures......»»

Category: topSource:  physorgRelated NewsMay 20th, 2024

Week in review: New Black Basta’s social engineering campaign, passing the CISSP exam in 6 weeks

Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Black Basta target orgs with new social engineering campaign Black Basta, one of the most prolific ransomware-as-a-service operators, is trying out.....»»

Category: securitySource:  netsecurityRelated NewsMay 20th, 2024

Cybercriminals shift tactics to pressure more victims into paying ransoms

Ransomware didn’t just grow in the US in 2023, it evolved, with the frequency of ransomware claims jumping 64% year-over-year, according to At-Bay. This was primarily driven by an explosion in “indirect” ransomware incidents which increased.....»»

Category: securitySource:  netsecurityRelated NewsMay 20th, 2024

Two MIT students charged for exploiting Ethereum blockchain bug, stole $25 million in crypto

Two brothers alleged stole $25 million from the Ethereum blockchain after exploiting a flaw in a popular cryptocurrency software. Just when you've thought you've seen everything when it comes to cryptocurrency theft, two brothers attending MIT.....»»

Category: topSource:  mashableRelated NewsMay 20th, 2024

One of OpenAI"s safety leaders quit on Tuesday. He just explained why.

In a series of posts on X (formerly Twitter) on Friday, OpenAI co-head of alignment Jan Leike gave the public some hints as to why he left. OpenAI is famously not all that open. Dazzling, cutting-edge AI products emerge without warning, generat.....»»

Category: topSource:  mashableRelated NewsMay 20th, 2024

Saturday Citations: Mediterranean diet racks up more points; persistent quantum coherence; vegan dogs

This week, we reported on the birth throes of black holes, the questionable assertions of a study about vegan dogs and a technique for observing entanglement without breaking quantum coherence......»»

Category: topSource:  informationweekRelated NewsMay 18th, 2024

Ransomware statistics that reveal alarming rate of cyber extortion

In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape. Global ransomware crisis worsens NTT Security Holdings | 2024 Global Threat Intelligence Report | May 20.....»»

Category: securitySource:  netsecurityRelated NewsMay 15th, 2024

Black Basta ransomware group is imperiling critical infrastructure, groups warn

Threat group has targeted 500 organizations. One is currently struggling to cope. Enlarge (credit: Getty Images) Federal agencies, health care associations, and security researchers are warning that a ransomware group tr.....»»

Category: topSource:  arstechnicaRelated NewsMay 13th, 2024

Black Basta target orgs with new social engineering campaign

Black Basta, one of the most prolific ransomware-as-a-service operators, is trying out a combination of email DDoS and vishing to get employees to download remote access tools. Black Basta TTPs and newest initial access attempts According to a cybers.....»»

Category: securitySource:  netsecurityRelated NewsMay 13th, 2024

Identity crisis: Climate destroying wonders that gave US parks their names

Glacier National Park's ice fortress is crumbling. The giant trees of Sequoia National Park are ablaze. And even the tenacious cacti of Saguaro National Park are struggling to endure a decades-long drought......»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Monster galactic outflow powered by exploding stars

Star death and birth both contribute to driving material out of a galaxy. Enlarge / All galaxies have large amounts of gas that influence their star-formation rates. (credit: NASA, ESA, CSA, and J. Lee (NOIRLab)) Galaxie.....»»

Category: topSource:  arstechnicaRelated NewsMay 12th, 2024

Volume 89 Retro Playlist

When I was working on Make: Volume 89 — our retro issue — the topics of chiptune, tracker modules, and video game soundtracks kept coming up. This gave me an idea: what if we put together a playlist to go along with the retro section, filled wit.....»»

Category: gadgetSource:  makezineonlineRelated NewsMay 11th, 2024

How well did Nissan CEO Makoto Uchida execute his midterm plan? Here are the grades

Nissan Motor Co. CEO Makoto Uchida gave himself a "B" grade for shepherding Nissan through his first midterm business plan......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

How aging clocks tick: New study points to stochastic changes in cells

Aging clocks can measure the biological age of humans with high precision. Biological age can be influenced by environmental factors such as smoking or diet, thus deviating from chronological age that is calculated using the date of birth. The precis.....»»

Category: topSource:  theglobeandmailRelated NewsMay 9th, 2024