ransomware News

U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories, one from the Financial Crimes Enforcement Network (FinCEN) and …

Microsoft Attempts Takedown of Global Criminal Botnet

Microsoft announced legal action Monday seeking to disrupt a major cybercrime digital network that uses more than 1 million zombie computers to loot bank accounts and spread ransomware, which experts consider a major threat to the U.S. presidential election. The …

U.S. Treasury Warns Cyber Insurers Payments to Hackers May Violate Sanctions

Cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules, the U.S. Treasury Department warned on Thursday. The warnings, which referenced malicious programs known as ransomware, came in advisories from …

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. …

Hacked Software Provider Acknowledges Ransomware Attack

DALLAS — A major U.S. provider of software services to state and local governments acknowledged Friday that it was hit by a ransomware attack two days after telling clients an unknown intruder had compromised its phone and information technology systems. …

Phishing Attacks Against Banks Jump With Pandemic Used as Lure

Cyber-attacks trying to trick bank employees to click on malicious links jumped in the first quarter, with criminals attempting to take advantage of fear and confusion caused by the coronavirus pandemic. While the so-called phishing campaigns, which surged by a …

Cognizant Hit by ‘Maze’ Ransomware Attack

Cognizant Technology Solutions Corp on Saturday said it was hit by a “Maze” ransomware cyber attack, resulting in service disruptions for some of its clients. The information technology services provider said it was taking steps to contain the incident, with …

Hacking Against Corporations Surges as Workers Take Computers Home

SAN FRANCISCO — Hacking activity against corporations in the United States and other countries more than doubled by some measures last month as digital thieves took advantage of security weakened by pandemic work-from-home policies, researchers said. Corporate security teams have …

U.S., U.K. Issue Alert on Growing Use of Covid-themed Hacks

Coronavirus-themed phishing attacks have become so pervasive that the governments of the U.S. and U.K. issued a joint warning Wednesday about their growing use. Advanced hacking groups seek to further “long-standing priorities” including espionage and “hack and leak” campaigns while …

Hackers ‘Without Conscience’ Target Health-Care Providers

When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The coronavirus crisis was just beginning to take hold in …