ransomware News

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 …

Insurer Chubb Investigating a ‘Computer Security Incident’

Insurer Chubb Ltd on Thursday said it is investigating a computer security incident that may involve unauthorized access to data held by an outside service provider. Chubb has no evidence that the incident affected its network, a spokesman said. “Our …

Beazley: Ransomware Attacks Increasingly Paired With Data Breach

Ransomware attacks became both more frequent and more brutal in 2019, according to a new report by speciality insurer Beazley. Beazley said its Breach Response Services unit saw a 131 percent increase in ransomware incidents last year. What’s more, a …

New Mexico Agencies on Edge Amid Rising Ransomware Attacks

ALBUQUERQUE, N.M. — New Mexico school districts, universities, and government agencies have collectively spent millions of dollars to regain control of their computer systems after employees unknowingly opened emails containing an encrypted code that effectively shut them out of their …

Ransomware Attack on Hospital Shows New Risk for Muni-Bond Issuers

Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital’s breach of its covenant agreement, according to a notice to …

Travelex Says UK Money Transfer and Wire Services Back Online After Hack

Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges. The cyber attack …