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Insurers defend covering ransomware payments

Insurers reject claims that by covering ransomware bills they are funding organised crime......»»

Category: hdrSource:  bbcJan 27th, 2021

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

Apple now sending up to $395 payments to butterfly keyboard MacBook owners

In 2022, Apple agreed to pay a $50 million dollar settlement for certain eligible 2015-2019 MacBook owners who experienced problems with their butterfly keyboards. The claims process opened in late 2022, and the settlement got final approval last May.....»»

Category: topSource:  pcmagRelated NewsAug 3rd, 2024

Apple reports record Q3 2024 earnings with $85.78 billion in revenue

Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»

Category: topSource:  theglobeandmailRelated NewsAug 3rd, 2024

Record-breaking $75 million ransom paid to cybercrime group

Ransomware attacks have reached new heights of ambition and audacity over the past year, marked by a notable surge in extortion attacks, according to a Zscaler. The findings from the report uncovered a record-breaking ransom payment of $75 million to.....»»

Category: securitySource:  netsecurityRelated NewsAug 3rd, 2024

Apple leaning on dominant Chinese companies to comply with App Store payment rules

There has been an unenforced loophole in China's App Store that has allowed developers to funnel in-app payments to external payment processors, and Apple is reportedly leaning on Tencent and ByteDance to make it stop.iPhone 16 Pro is expected to see.....»»

Category: appleSource:  appleinsiderRelated NewsAug 3rd, 2024

Washington State creates instant rebate program for EVs

The Washington State Department of Commerce said there is $45 million in funding available, via the state's general fund, which it anticipates covering 7,500 to 9,000 rebates......»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

Apple Arcade developers frustrated by long delays in getting paid, no incentives to make Vision Pro games

In a follow-up report to their previous coverage, MobileGamer has again collated a set of off-the-record comments from Apple Arcade game developers about how the service is faring. The leading complaints revolved around payments and poor communica.....»»

Category: topSource:  informationweekRelated NewsAug 1st, 2024

VMware ESXi auth bypass zero-day exploited by ransomware operators (CVE-2024-37085)

Ransomware operators have been leveraging CVE-2024-37085, an authentication bypass vulnerability affecting Active Directory domain-joined VMware ESXi hypervisors, to gain full administrative access to them and encrypt their file system. VMware owner.....»»

Category: securitySource:  netsecurityRelated NewsJul 30th, 2024