Tag: ransomware attacks

COVID-19 was Responsible for a 238% Increase in Cyber Attacks on...

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The pandemic-induced disarray has become a breeding ground for financially motivated attacks. The coronavirus pandemic was related to a 238 per cent rise in cyber...

Ransomware Attack on Electric Power Grid Company Entire Network Encrypted in...

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This morning, a ransomware attack on the South African electricity utility City Power in Johannesburg encrypted all of its systems, including databases and applications. The...

Ransomware attacks are growing, yet not a good way to pay

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This week, a flourishing number of Ransomware attacks in Georgia, New York, Tennessee and Florida have been reported. Malware encryption has become rampant lately, with...

This new ransomware targets connected storage devices for the network

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A newly found form of ransomware targets network storage devices, which use weak credential brute-forced data and exploit known vulnerabilities in their systems. The new...

Attackers earn over $1 million in Ransomware attacks in Florida

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Hackers launching ransomware attacks against Florida municipalities blocked earnings in excess of $1 million this month as two city administrators found no alternative way...

PayPal receives ransomware technology patent

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PayPal engineer is developing a new way to detect ransomware attacks and stop them. This week, the U.S. Trademark and Patent Office has granted...

The attack against Israeli users by Ransomware fails miserably because of...

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Hackers failed to trigger the download of ransomware because of a code error, but still succeeded in defacing thousands of websites.  On Saturday, Hackers launched...

DataResolution.net cloud hosting provider still battling Christmas Eve Ransomware Attack

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Dataresolution.net cloud hosting provider struggles to get its systems back online after suffering a Christmas Eve ransomware infestation, KrebsOnSecurity has learnt. The company says...