November 8, 2023
Following two years of high but stable loss activity, 2023 has seen a “worrying resurgence” in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial writes in a new report. The business insurance company’s analysis …
October 27, 2023
TOPEKA, Kan. (AP) — Kansas officials are calling a massive computer outage that’s kept most of the state’s courts offline for two weeks a “security incident” and, while they had not provided an explanation as of Wednesday, experts say it …
October 19, 2023
Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom demands, according to a new report by cyber insurer …
October 13, 2023
MGM Resorts International Chief Executive Officer Bill Hornbuckle chose not pay a ransom to hackers who broke into his casino chain’s computer system because they didn’t ask for money until well after the company discovered the attack. The intruders moved …
October 6, 2023
MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit to its third-quarter results, as it works to restore its systems. One of the world’s largest gambling firms, MGM shut …
September 21, 2023
Cyberattacks on MGM Resorts International and Caesars Entertainment last week show that ransomware gangs continue to be a major threat and are using more sophisticated strategies to break into private computer networks. GuyCarpenter reported Wednesday that a cybercrime group called …
September 19, 2023
Hackers who breached casino giants MGM Resorts International and Caesars Entertainment in recent weeks also broke into the systems of three other companies in the manufacturing, retail, and technology space, a security executive familiar with the matter said. David Bradbury, …
September 1, 2023
U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major global malware network used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks. They then …
July 6, 2023
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts. “Please do something,” begged a student in one leaked …
May 10, 2023
WASHINGTON (AP) – The Justice Department said Tuesday that it had disrupted a long-running Russian cyberespionage campaign that stole sensitive information from computer networks in dozens of countries, including the U.S. and other NATO members. Prosecutors linked the spying operation …