malicious software News

Ransomware Attacks on the Rise Even as Cyber Insurers Scale Back

Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cover they offer against cyber crimes, a report from a leading insurer showed. The total costs …

Malware Broker Behind U.S. Hacks is Now Teaching Computer Skills in China

LONDON/SHANGHAI — A Chinese malware broker who was sentenced in the United States this year for dealing in malicious software linked to major hacks is back at his old workplace: teaching high-school computer courses, including one on internet security. Yu …

Experts Say Vulnerable Businesses Should Increase Cyber Defenses

When cyberthieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being infected by malicious software. “We were looking at the network, and I noticed it, and another guy noticed it. We’re looking …

After Sony Attack FBI Warns of ‘Destructive’ Malware

The Federal Bureau of Investigation warned U.S. businesses that hackers have used malicious software to launch a destructive cyberattack in the United States, following a devastating breach last week at Sony Pictures Entertainment. Cybersecurity experts said the malicious software described …

Home Depot Breach Costs Ohio Credit Unions $1.3M

The Credit Union National Association says the breach of customer data at Home Depot earlier this year cost Ohio credit unions more than a million dollars. The Columbus Dispatch reports Ohio credit unions spent $1.3 million handling the data breach, …

U.S. Retailers Warned About Hacking Software

More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. The government urged businesses of all sizes to scan their …