The single biggest ransomware attack yet continued to bite Monday as more details emerged on how a Russia-linked gang breached the exploited software company. The criminals essentially used a tool that helps protect against malware to spread it globally.
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The ransomware group REvil has demanded a $70 million payment in bitcoin for a decryptor tool following its attack on the software vendor Kaseya, cyber researchers say.
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The cyberassault over the July 4 weekend is getting the latest media attention right now but the actual number of ransomware assaults is soaring against companies in general.
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The meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation last week, the company said in a statement Wednesday evening.
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A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the world’s largest corporations and strategic infrastructure. It also raises a thorny question: should companies held to ransom yield to extortionists or resist making payments?
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Chatham County government is still recovering from a cyber attack nearly four months ago. Here’s an update.
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The Cary-based firm, with more than $1 billion in annual revenue, detected the attack on August 9, according to a securities filing. Here are the details.
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More than two weeks ago, hackers seized parts of the computer systems that run Baltimore’s government. It could take months of work to get the disrupted technology back online. That, or the city could give in to the hackers’ ransom demands.
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A ransomware attack in July and Hurricane Florence combined for a double whammy on global life science giant LabCorp’s profits. And its stock is taking a hit as a result.
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