The Sinclair Broadcast Group, the US’s second largest TV channel operator, covering 40% of American households, revealed on Monday that a number of its servers and workstations had been encrypted with ransomware, disrupting its back office operations. A digital forensics company has been hired to investigate the breach. It’s too early to ascertain exactly what […]
High-profile, high-tech F1 teams such as Mercedes are attractive targets for hackers and cyber criminals. Some of the threats they face are familiar, particularly ransomware and phishing, while others particularly relate to the travelling caravan of remote workers involved in a 22-race season and the IP the teams own and rely on the maintain an […]
Showing just how lucratively attractive cybercrime has become to criminal gangs and how dangerous it is to the financial sector, businesses and the public, US Treasury analysis of 177 unique convertible virtual currency wallet addresses reveals that more than $5 billion in bitcoin transactions has been tied to the top ten ransomware variants. The mean […]
Speaking at Chatham House’s cyber conference, the National Cyber Security Centre’s CEO Lindy Cameron has again reinforced her message to the nation’s C-suites that ransomware is “the most immediate danger to UK businesses” today, and that paying criminals serves only to perpetuate the problem. Several incidents in particular were cited; including one emanating from China […]
West Midlands Police have experienced 60,000 cyber attacks in the 12 months to June and the force is now spending almost £150,000 a years protecting itself from cyber crime, particularly phishing emails and ransomware injected into their systems. The National Fraud Intelligence Bureau says cyber crime cost the UK more than £1.3billion in the first […]
Most senior business execs believe IT teams should have software security under their control amid fears of another SolarWinds-style supply chain attack. Meanwhile, techies claim they don’t have sufficient budget or resources to confront the problem head-on, putting the ball right back into the management court. The vast majority of execs also think software vendors […]