Sodinokibi/REvil appears to be making millions since it seized the ransomware-as-a-service mantle from GandCrab earlier this year. Security firm McAfee says up to 40 percent of every victim's ransom payment - average: $4,000 - gets remitted to the Sodinokibi actor, with "affiliates" keeping the rest.
Pitney Bowes says it was infected by file-encrypting malware that has affected online accounts and mailing products but that client data doesn't appear to be at risk. The postage meter maker says "all options" are being considered for recovery, meaning that it could pay a ransom.
As a fraud management leader, are you aware that social engineering is a widespread and increasingly common tactic used to takeover customer accounts? Learn more about why social engineering is one of the most dangerous and difficult to stop online crimes.
Ransomware attacks are among the largest incidents added to the federal tally of major health data breaches in recent weeks. Attacks on a variety of clinics affected a total of more than 1 million individuals.
Rather than focusing solely on rankings offered by the common vulnerability scoring system, or CVSS, when setting priorities for risk mitigation, organizations need to size up the specific potential risks that vulnerabilities pose to their critical assets, according to a new report from RiskSense.
More than 600 ransomware attacks pummelled local governments, schools districts and healthcare providers across the U.S. in the first three quarters of this year, according to a study by security firm Emsisoft. Meanwhile, the FBI this week issued a fresh warning about the threat.
Ransomware crime reports are up 300 percent in Toronto, but it's not just the frequency of crimes that is a concern - it's the complexity, says Kenrick Bagnall, detective constable with the Toronto Police Service.
Medical facilities and hospitals across the state of Victoria in Australia were infected by file-encrypting ransomware on Monday, causing the shutdown of patient booking systems and financial systems. At least one hospital has reverted to using paper-based systems.
In the wake of ransomware attacks that have hit the public and private sectors, the U.S. Senate has passed a bill that calls for creating cyber incident response and threat hunting teams at the Department of Homeland Security. Find out what role the teams would play.
An unspecified malware attack against the IT systems of Rheinmetall's automotive division in Brazil, Mexico and the U.S. is costing the company an estimated $4 million a week, the company says. It's one of several attacks over the last two weeks affecting defense contractors.