Ransomware Attacks on the Rise Even as Cyber Insurers Scale Back December 16, 2020 By Noor Zainab Hussain and Carolyn Cohn Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even...
U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands October 14, 2020 By Andrew G. Simpson The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering...
Microsoft Attempts Takedown of Global Criminal Botnet October 14, 2020 By Frank Bajak Microsoft announced legal action Monday seeking to disrupt a major cybercrime digital network that uses more than 1 million zombie...
U.S. Treasury Warns Cyber Insurers Payments to Hackers May Violate Sanctions October 2, 2020 By Suzanne Barlyn Cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules,...
Cyberattack Hobbles Major Hospital Chain’s US Facilities September 30, 2020 By Frank Bajak and Ricardo Alonso-Zaldivar WASHINGTON — A computer outage at a major hospital chain thrust healthcare facilities across the U.S. into chaos Monday, with...
Hacked Software Provider Acknowledges Ransomware Attack September 28, 2020 By Jake Bleiberg DALLAS — A major U.S. provider of software services to state and local governments acknowledged Friday that it was hit...
Phishing Attacks Against Banks Jump With Pandemic Used as Lure May 6, 2020 By Yalman Onaran Cyber-attacks trying to trick bank employees to click on malicious links jumped in the first quarter, with criminals attempting to...
Cognizant Hit by ‘Maze’ Ransomware Attack April 20, 2020 By Shubham Kalia Cognizant Technology Solutions Corp on Saturday said it was hit by a “Maze” ransomware cyber attack, resulting in service disruptions...
Hacking Against Corporations Surges as Workers Take Computers Home April 17, 2020 By Joseph Menn SAN FRANCISCO — Hacking activity against corporations in the United States and other countries more than doubled by some measures...
U.S., U.K. Issue Alert on Growing Use of Covid-themed Hacks April 9, 2020 By Alyza Sebenius and Kartikay Mehrotra Coronavirus-themed phishing attacks have become so pervasive that the governments of the U.S. and U.K. issued a joint warning Wednesday...