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Ransomware: To pay or not to pay

Comprehensive security plans and programs must focus on defense, but also on answering these key question: “How will the organization respond to a ransomware attack?”, and “At what point will the option of paying the ransom be on the table?”.....»»

Category: securitySource:  netsecurityAug 15th, 2023

Georgia Mercedes dealership sues commercial vehicle customizer for nearly $5 million

A Georgia dealership sued a South Carolina company for nearly $5 million for failing to pay for 83 Mercedes-Benz vehicles it bought in 2023, according to a federal court suit......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Apple showcases all the things Camera Control can do in new iPhone 16 video

Apple has a new video out promoting the iPhone 16. While previous ads have spotlighted the forthcoming Apple Intelligence features, this latest video is all about Camera Control. And if you pay close attention, you’ll notice a key detail about Appl.....»»

Category: topSource:  pcmagRelated NewsOct 5th, 2024

X fined over $400,000 for refusing to address child abuse concerns

Elon Musk's X is at odds with the Australian government over its policies regarding child abuse. X, formerly Twitter, owes the Australian government some money.Bloomberg reported on Thursday that Elon Musk's microblogging site has to pay the eq.....»»

Category: topSource:  informationweekRelated NewsOct 4th, 2024

Automattic demanded web host pay $32M annually for using WordPress trademark

Automattic founder Matt Mullenweg called WP Engine "a cancer to WordPress." Automattic Inc. and its founder have been sued by a WordPress hosting company that alleges an extortion.....»»

Category: topSource:  arstechnicaRelated NewsOct 3rd, 2024

Manufacturers are lucrative targets for cybercriminals

Hackers and other bad actors believe manufacturers are behind on security measures and more likely to pay a ransom......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

$2.5M iPhone fraudsters imprisoned and ordered to pay restitution

Two Maryland-based iPhone fraudsters who cheated Apple out of $2.5M were handed prison sentences yesterday, and ordered to pay restitution. One was sentenced to 57 months, the other to 54 months, with the pair ordered to repay a total of a little.....»»

Category: topSource:  marketingvoxRelated NewsOct 3rd, 2024

Ransomware activity shows no signs of slowing down

Ransomware attacks have seen a significant resurgence, disrupting multiple sectors and affecting global supply chains. Despite efforts to disrupt major ransomware groups, incidents continue to rise, signaling an ongoing and growing threat into 2024......»»

Category: securitySource:  netsecurityRelated NewsOct 3rd, 2024

T-Mobile pays $16 million fine for three years’ worth of data breaches

Breaches in three consecutive years lead to $16M fine and new security protocols. T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement over a.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

T-Mobile pays $16 million fine for three years’ worth of data breaches

Breaches in three consecutive years lead to $16M fine and new security protocols. Enlarge (credit: Getty Images | SOPA Images ) T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement ov.....»»

Category: topSource:  arstechnicaRelated NewsOct 1st, 2024

AWS forced to pay out millions in major patent dispute

Jury finds AWS ‘willingly’ infringed on two patents......»»

Category: topSource:  pcmagRelated NewsOct 1st, 2024

Halcyon offers ransomware protection for Linux environments

As an integral part of the Halcyon Anti-Ransomware Platform, Halcyon Linux offers protection against ransomware attacks targeting Linux systems. While ransomware operators were once almost exclusively focused on targeting Windows environments, the in.....»»

Category: securitySource:  netsecurityRelated NewsOct 1st, 2024

Use Windows event logs for ransomware investigations, JPCERT/CC advises

The JPCERT Coordination Center – the first Computer Security Incident Response Team established in Japan – has compiled a list of entries in Windows event logs that could help enterprise defenders respond to human-operated ransomware atta.....»»

Category: securitySource:  netsecurityRelated NewsOct 1st, 2024

Ransomware attackers hop from on-premises systems to cloud to compromise Microsoft 365 accounts

Storm-0501, an affiliate of several high-profile ransomware-as-a-service outfits, has been spotted compromising targets’ cloud environments and on-premises systems. “Storm-0501 is the latest threat actor observed to exploit weak credentia.....»»

Category: securitySource:  netsecurityRelated NewsSep 30th, 2024

Ransomware outfit claims it stole financial, employee, sales data from AutoCanada

The theft claim follows an IT breach from August. The publicly traded dealership group did not confirm being held for ransom......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

NetApp enhances security directly within enterprise storage

NetApp announced enhancements to its portfolio of cyber resiliency offerings to strengthen security for customers. NetApp is announcing the general availability of its NetApp ONTAP Autonomous Ransomware Protection with AI (ARP/AI) solution, with 99%.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

How cyber compliance helps minimize the risk of ransomware infections

Over the past decade, ransomware has been cemented as one of the top cybersecurity threats. In 2023 alone, the FBI received 2,385 ransomware complaints, resulting in over $34 million in losses. To help businesses combat ransomware and other threats,.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

MFA bypass becomes a critical security issue as ransomware tactics advance

Ransomware is seen as the biggest cybersecurity threat across every industry, with 75% of organizations affected by ransomware more than once in the past 12 months – a jump from 61% in 2023, according to SpyCloud. Session hijacking surges as ma.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

Microsoft warns US healthcare of threat actor using new ransomware

Besides BlackCat and Zeppelin, Vanilla Tempest is now using INC, too......»»

Category: topSource:  informationweekRelated NewsSep 20th, 2024

Week in review: Veeam Backup & Replication RCE could soon be exploited, Microsoft fixes 4 0-days

Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Veeam Backup & Replication RCE flaw may soon be leveraged by ransomware gangs (CVE-2024-40711) CVE-2024-40711, a critical vulnerability affecting Ve.....»»

Category: securitySource:  netsecurityRelated NewsSep 15th, 2024

Veeam Backup & Replication RCE flaw may soon be leveraged by ransomware gangs (CVE-2024-40711)

CVE-2024-40711, a critical vulnerability affecting Veeam Backup & Replication (VBR), could soon be exploited by attackers to steal enterprise data. Discovered and reported by Code WHite researcher Florian Hauser, the vulnerability can be leveraged fo.....»»

Category: securitySource:  netsecurityRelated NewsSep 9th, 2024