By the end of 2021, it is projected that ransomware will have cost businesses in excess of $20 Billion, and this is expected to rise to $265 Billion by 2031. It’s not only large, affluent companies hat are affected, either. Smaller companies that might hold valuable data are often easier to penetrate and extort. As […]
NEWS
MLB extortion attempt thwarted by undercover FBI agent
are technica reports that the operator of an illegal video streaming website called HeheStreams tried to extort $150,000 out of the US’s premier baseball league, the MLB, by stealing and threatening to publish its security vulnerabilities after being rebuffed by the MLB when he asked for compensation for pointing them out. Joshua Streit, AKA Josh […]
IT outsourcing companies play a big role in customers’ ransomware protection
The latest Osirium Ransomware Index shows different types of companies are affected in different ways by ransomware attacks, especially if they outsource their IT to a third party. 77% of surveyed senior IT managers who outsource were worried about the threat of an attack through their supply chain (that rose to 82% with medium- and […]
Conti gang grabs celebrity purchase and relationship details in Graff jeweller hack
As revealed in the Daily Mail, high society jeweller Graff is the Conti ransomware gang’s latest victim. Following a successful breach that quite possibly involved a plausible-looking phishing email, they have threatened to release details of Graff customers, including David Beckham, Oprah Winfrey, Donald Trump, Tom Hanks, Samuel L Jackson and Sir Philip Green, unless […]
Europol spearheads operation to snare twelve cybercriminals
Twelve cyber criminals suspected of targeting at least 1,800 victims have been intercepted in raids in the Ukraine and Switzerland. The operation was the result of cooperation between authorities from Norway, France, the Netherlands, Ukraine, Germany, Britain, Switzerland and the United States, together with Europol and Eurojust, the European Union’s agency for judicial cooperation. No […]
How Infinidat helps organisations to fight cyber crime
Following on from yesterday’s chat with iFORCE’s Ben Harris, we speak to Guy Kariv about Infinidat’s role in helping companies to combat cyber crime and the importance of having a robust storage strategy. We also get his number one tip for anybody putting together or enhancing their cyber crime protection. Informed Sauce is hosting an […]
