Tag: ransom
Paying Ransom is Now Illegal! U.S. Dept of Treasury Warns
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that paying ransom to cybercriminals is now illegal. In an official...
Ransomware Alert: NCSC Warns of Attacks Against Universities
The U.K.’s National Cyber Security Centre (NCSC) has warned educational institutions to be vigilant of rising cyberattacks and urged them to follow required mitigation...
Ransomware Attacks: The Major Cause of Cyber Insurance Claims in H1 2020
A report published by Coalition, a provider of cyber insurance services in North America, revealed that ransomware incidents accounted to 41% of cyber insurance...
NetWalker Ransomware Gang Holds Argentina’s Immigration Agency at Ransom
Argentina’s immigration agency, Dirección Nacional de Migraciones (DNM), suspended operations for over four hours after its systems were attacked by NetWalker ransomware. In order...
Ransomware Resolve: University of Utah Pays $457K to Restore Data
The University of Utah's College of Social and Behavioral Sciences (CSBS) suffered a ransomware attack in July 2020 which affected .02% of the college’s...
Pay-up! Hackers Demand $7.5 Million to Free-up Telecom Argentina’s Systems
An Argentine telecommunication services provider, Telecom Argentina, reportedly fell prey to a ransomware attack on July 18, 2020. The effects of the attack were...