Tag: Ransomware

Will cyberspace be a battlefield for financial institutions?

The cyberspace race is heating up. Over the past year, the number of ransomware and general cyberattacks have increased dramatically, with more companies, individuals and even governments falling into digital bear traps. How will this growing problem impact financial institutions?

US Senate report finds government agencies failing to improve cyber posture

A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.

Most security professionals believe remote workers face weak security risk

A survey has found a majority of IT security professionals believe remote workers face bigger security risks due to being isolated from their companies’ security teams.

Ransomware attacks climb dramatically in first half of 2021

A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

‘Shooting war’ with a major power could break out over cyberattacks,...

President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.

Kapalya receives grant for its encryption management solution

Kapalya, an encryption management platform, has received a $256,000 grant from the US’ National Science Foundation (NSF).

US launches inter-agency task force to tackle ransomware wave

The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.

REvil ransomware group sites go dark following string of attacks

The Russian-speaking REvil ransomware gang has seen its sites go dark, a few days after it claimed responsibility for the massive cyberattack of US IT provider Kaseya.

Interpol calls for police, industry unity against possible ‘ransomware pandemic’

Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.

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