Search Results for: ransomware

The notorious Russian ransomware group ALPHV/BlackCat claims to have stolen a significant amount of military documents from a contractor of the Pentagon, impacting Virginia-based IT services firm Technica Corporation. This firm purportedly has access to classified information from US intelligence agencies. The breach also affected entities like the FBI and DCSA. The ransomware gang threatens

A recent report reveals that victims of ransomware collectively paid over $1 billion to their attackers in the past year, marking a record high. Ransomware attacks occur when hackers infiltrate the computer systems of organizations like businesses and hospitals, encrypting data and demanding cryptocurrency payments for decryption keys or to prevent data leaks. Despite efforts

Claro Company, the largest telecom operator in Central and South America, recently disclosed a ransomware attack by the Trigona group, leading to service disruptions in various regions. The attack began on January 25, 2024, but the company only issued its first notification on February 2 via its Claro Nicaragua subsidiary. Despite the note originating from

In September 2023, Johnson Controls International experienced a ransomware attack that resulted in a $27 million expense, according to the company’s quarterly report filed with the U.S. Securities and Exchange Commission (SEC). The multinational conglomerate, specializing in industrial control systems, security equipment, air conditioners, and fire safety equipment, confirmed that unauthorized access, data exfiltration, and

Energy management and automation company Schneider Electric was hit by a ransomware attack, resulting in corporate data theft that mainly affected its Sustainability Business division. The attack disrupted Schneider Electric’s Resource Advisor cloud platform, which continues to experience outages. The ransomware gang responsible has reportedly stolen terabytes of corporate data and is demanding a ransom,

About a week following a cyberattack that incapacitated Bucks County’s computer-aided emergency dispatch system, officials announced on Friday that they identified the suspected culprit. According to county authorities, the ransomware group “Akira” is believed to be responsible for the attack, which targeted a system crucial for dispatchers, call-takers, and 911 operators. The Department of Homeland

Fraudsters are becoming more sophisticated, launching bold and effective attacks. Ransomware attacks in the previous year resulted in the disabling of at least 60 credit unions for three weeks. These credit unions were connected to the same third-party service provider, which impacted about 100,000 members accessing their digital accounts. According to the Office of Financial

The National Cyber Security Centre (NCSC) has warned that AI tools could contribute to the rise of ransomware, posing a cybersecurity threat. The NCSC highlights that cybercriminals are already leveraging AI, and this trend is expected to escalate over the next two years, leading to more sophisticated and targeted cyberattacks. The agency emphasizes that AI