PYMNTS

MAY 20, 2016

Not only are ransomware creators TeslaCrypt closing up shop, the group is also reportedly sorry for all the damage they inflicted during their run. The now-defunct ransomware Trojan was designed to find and encrypt video games on PCs. Last month, the FBI stated that the use of ransomware has reached an all-time high.

Ransomware

PYMNTS

JUNE 26, 2017

SamSam ransomware attacks are up — and the attackers are getting more demanding. Currently the malware has caught the FBI’s attention. victims, including 2016 attacks on healthcare facilities that were running outdated versions of the JBoss content management application,” the FBI says. MSIL or Samas.A

Ransomware

PYMNTS

AUGUST 19, 2016

As the instances and threat of ransomware continues to wreak havoc on both businesses, governments and individuals around the world, it seems as though bitcoin has found itself closely intertwined with the malicious software. Cybersecurity experts say data backups can be an effective deterrent against ransomware attacks.

Ransomware

PYMNTS

MAY 31, 2016

Last week, the FBI published a report confirming the fact – the data noting that, in 2015, ransomware attacks left businesses and individuals feeling the burn of more than $1.6 Ransomware attacks and threats are said to have accounted for $1,620,814 of that sum, the report stated. You know what they say, cybercrime pays.

Ransomware

PYMNTS

AUGUST 18, 2016

IT security company Check Point released its in-depth research on the growing threat of Ransomware-as-a-Service (RaaS). In July 2016 alone, the overall profit earned by Cerber RaaS campaigns totaled $195,000, with the malware developer earning roughly $78,000. It’s estimated that ransomware authors earn $946,000 annually.

Ransomware

PYMNTS

DECEMBER 6, 2016

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI.

Phishing

PYMNTS

OCTOBER 21, 2016

There does seem to be a clear difference in the motives of the attacks — the DNC hacks seem aimed, according to the FBI, at steering the outcome of the election, while the recent RNC hack seems to be more financially motivated. Governments Say ‘No More’ To Ransomware. Hacktivists Take On Colin Powell.

Law Enforcement