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Extorted by Ransomware Gangs? The Payments May Be Tax-Deductible

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: If you pay a ransom, it may be tax deduct.....»»

Category: topSource:  slashdotJun 21st, 2021

QNAP releases QTS 5.2 to prevent data loss from ransomware threats

QNAP has released the QTS 5.2 NAS operating system. A standout feature of this release is the debut of Security Center, which actively monitors file activities and thwarts ransomware threats. Additionally, system security receives a boost with the in.....»»

Category: securitySource:  netsecurityRelated NewsAug 22nd, 2024

Most ransomware attacks occur between 1 a.m. and 5 a.m.

There’s been an alarming increase in ransomware attacks over the past year, alongside significant shifts in the tactics and strategies employed by cybercriminals that underscore the necessity for organizations to implement around-the-clock moni.....»»

Category: securitySource:  netsecurityRelated NewsAug 22nd, 2024

Top architectural firm reveals it was hit by major ransomware attack

CannonDesign starts notifying people a year and a half after the incident......»»

Category: topSource:  theglobeandmailRelated NewsAug 21st, 2024

Crypto-linked cybercrime saw another record year as ransomware risk rises

Ransomware operators have earned more money in 2024 compared to last year as scam possibilites grow......»»

Category: topSource:  marketingvoxRelated NewsAug 16th, 2024

Verizon opens smartphone protection enrollment with $0 deductible for screen repairs

If you missed the window to add protection for your iPhone or other smartphone, Verizon is offering customers a second chance through October 13. Verizon Mobile Protect features unlimited claims, a $0 deductible for screen and back glass repair, same.....»»

Category: topSource:  theglobeandmailRelated NewsAug 16th, 2024

Epic Games Store goes live for EU iPhone users

The Epic Games Store has finally launched in the European Union, providing gamers with ways to access games on their iPhone without going through the App Store.Epic Games StoreAfter the lengthy and expensive legal battle over payments and rival app s.....»»

Category: appleSource:  appleinsiderRelated NewsAug 16th, 2024

Unlearning the RaaS Model: How ransomware attacks are evolving

Unlearning the RaaS Model: How ransomware attacks are evolving.....»»

Category: topSource:  theglobeandmailRelated NewsAug 15th, 2024

Australian gold mining company hit with ransomware

Australian gold mining firm Evolution Mining has announced on Monday that it became aware on 8 August 2024 of a ransomware attack impacting its IT systems, and has been working with its external cyber forensic experts to investigate the incident. .....»»

Category: securitySource:  netsecurityRelated NewsAug 13th, 2024

FBI claims success in taking down another major ransomware group

Law enforcement seized dozens of servers belonging to Radar, but no one was arrested......»»

Category: topSource:  marketingvoxRelated NewsAug 13th, 2024

International investigation shuts down Radar/Dispossessor ransomware group

FBI Cleveland announced the disruption of “Radar/Dispossessor”—the criminal ransomware group led by the online moniker “Brain”—and the dismantling of three U.S. servers, three United Kingdom servers, 18 German servers, eight U.....»»

Category: securitySource:  netsecurityRelated NewsAug 13th, 2024

74% of ransomware victims were attacked multiple times in a year

An alarming trend toward multiple, sometimes simultaneous cyber attacks forces business leaders to re-evaluate their cyber resilience strategies to address common points of failure, including inadequate identity system backup and recovery practices,.....»»

Category: securitySource:  netsecurityRelated NewsAug 12th, 2024

Malware-as-a-Service and Ransomware-as-a-Service lower barriers for cybercriminals

The sophistication of cyber threats has escalated dramatically, with malicious actors’ deploying advanced tactics, techniques, and procedures (TTPs) to exploit vulnerabilities and evade detection, according to Darktrace. Subscription-based tools su.....»»

Category: securitySource:  netsecurityRelated NewsAug 9th, 2024

Ransomware operators continue to innovate

Ransomware groups continue to refine their craft, building and scaling business models that resemble legitimate corporate enterprises, according to Rapid7. They market their services to prospective buyers, offer company insiders commissions in exchan.....»»

Category: securitySource:  netsecurityRelated NewsAug 8th, 2024

This new Google Chrome feature could make the internet more pleasant

Google Chrome is in the works to make tipping your favorite sites easier using Web Monetization to send micro payments. Here's how it works......»»

Category: topSource:  digitaltrendsRelated NewsAug 7th, 2024

Number of incidents affecting GitHub, Bitbucket, GitLab, and Jira continues to rise

Outages, human errors, cyberattacks, data breaches, ransomware, security vulnerabilities, and, as a result, data loss are the reality that DevSecOps teams have to face every few days, according to GitProtect.io. DevSecOps The possibility to integrate.....»»

Category: securitySource:  netsecurityRelated NewsAug 7th, 2024

Illinois changes biometric privacy law to help corporations avoid big payouts

Possible damages payments dramatically lowered by change to 2008 Illinois law. Enlarge (credit: Getty Images | imaginima) Illinois has changed its Biometric Information Privacy Act (BIPA) to dramatically limit the financ.....»»

Category: topSource:  arstechnicaRelated NewsAug 6th, 2024

Apple losing Google’s $20B+ would be just a blip in its Services trajectory

Google has for years made billions of dollars worth of payments to Apple in return for being the default search engine on Apple devices. A court ruling yesterday appears to have declared those payments illegal under antitrust law. But while that w.....»»

Category: topSource:  pcmagRelated NewsAug 6th, 2024

Ransomware gang targets IT workers with new RAT masquerading as IP scanner

Ransomware-as-a-service outfit Hunters International is wielding a new remote access trojan (RAT). “The malware, named SharpRhino due to its use of the C# programming language, is delivered through a typosquatting domain impersonating the legit.....»»

Category: securitySource:  netsecurityRelated NewsAug 6th, 2024

Email attacks skyrocket 293%

Email attacks have surged by 293% in the first half of 2024 compared to the same period in 2023, according to Acronis. The number of ransomware detections was also on the rise, increasing 32% from Q4 2023 to Q1 2024. Ransomware remains a top threat f.....»»

Category: securitySource:  netsecurityRelated NewsAug 6th, 2024

Butterfly keyboard MacBook owners compensation payments are arriving

Just over six years after the first class-action lawsuit over Apple's flawed MacBook Pro butterfly keyboard design was filed, settlement money will finally be reaching owners who were affected by flaws and reliability issues.Close up of the problem-p.....»»

Category: appleSource:  appleinsiderRelated NewsAug 3rd, 2024