extortion News

Iran-Backed Hackers Accused of Targeting Critical US Sectors

WASHINGTON (AP) — Hackers linked to the Iranian government have been targeting a “broad range of victims” inside the United States, including by deploying ransomware, according to an advisory issued Wednesday by American, British and Australian officials. The advisory says …

Robinhood Data Breach Nightmare Hinged on Customer Service Slip

Robinhood Markets Inc. caught criticism last year for its shortcomings in customer support. After racing to staff up, the company has a new problem: a customer service representative mishap allowed a hacker to steal the personal information of about 7 …

Viewpoint: Some Insurers are Delaying Payment on Ransomware Claims

Ransomware attacks are on the rise. Cyber criminals continue to exploit lax security measures, which have become more acute in the work-from-home environment, and hack into companies’ systems, encrypt their data, and then demand multimillion-dollar ransoms. Though cyber insurance policies …

DarkSide Hackers Mint Money With Ransomware Franchise

When a new ransomware group popped up on the scene last year, the hackers did what’s in vogue for digital extortion organizations these days: They issued a press release. The hackers had already made “millions of dollars” in profit working …

Ransomware Gang Threatens Release of DC Police Records

RICHMOND, Va. (AP) — A Russian-speaking ransomware syndicate that stole data from the Washington, D.C., police department says negotiations over payment have broken down and it will release sensitive information that could put lives at risk if more money is …

Cyberattack on US Pipeline Is Linked to Criminal Gang

NEW YORK (AP) _ The cyberextortion attempt that has forced the shutdown of a vital U.S. pipeline was carried out by a criminal gang known as DarkSide that cultivates a Robin Hood image of stealing from corporations and giving a …

Insurer AXA Halts Ransomware Crime Reimbursement in France

BOSTON (AP) — In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. AXA, among Europe’s top five insurers, said …

No Ransomware Silver Bullet, Crooks Out of Reach

BOSTON (AP) — Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting ransomware attacks by cybercriminal mafias that mostly …

Russian Man Pleads Guilty in Nevada to Plot to Extort Tesla

RENO, Nev. (AP) — A Russian man has pleaded guilty in the U.S. to offering a Tesla employee $1 million to cripple the electric car company’s massive electric battery plant in Nevada with ransomware and steal company secrets for extortion, …

Cyberattack Hobbles Major Hospital Chain’s US Facilities

WASHINGTON — A computer outage at a major hospital chain thrust healthcare facilities across the U.S. into chaos Monday, with treatment impeded as doctors and nurses already burdened by the coronavirus pandemic were forced to rely on paper backup systems. …