Exposed: The path of ransomware payments

The murky ecosystem of ransomware payments comes into focus in new research led by Damon McCoy, an assistant professor of computer science and engineering at the NYU Tandon School of Engineering. Ransomware attacks, which ...

Ransomware like Bad Rabbit is big business

October is Cybersecurity Awareness month, which is being observed in the United States, Europe, and elsewhere around the world. Ironically, it began with updates about a large-scale hack, and is ending with a large-scale ...

Ransomware attacks 'global epidemic', says Europol

An "epidemic" has erupted in global ransomware attacks, taking over computers as well as internet-linked devices like routers and CCTV cameras to turn them into tools for criminals, Europe's police agency said Wednesday.

Are cryptocurrencies a dream come true for cyber-extortionists?

When malicious software takes over computers around the world, encrypts their data and demands a ransom to decode the information, regular activities of governments, companies and hospitals slam to a halt. Sometimes security ...

Take down: Hackers looking to shut down factories for pay

The malware entered the North Carolina transmission plant's computer network via email last August, just as the criminals wanted, spreading like a virus and threatening to lock up the production line until the company paid ...

Why politically motivated cyberattacks might be the new normal

An international cyberattack struck parts of Europe, Asia, and the United States on Tuesday, crippling tens of thousands of computers at banks, hospitals, and government offices worldwide. Initial analysis found that the ...

How artificial intelligence is taking on ransomware

Twice in the space of six weeks, the world has suffered major attacks of ransomware—malicious software that locks up photos and other files stored on your computer, then demands money to release them.

Firms scramble to recover from wave of cyberattacks

Thousands of computer users across the globe scrambled on Wednesday to reboot after a wave of ransomware cyberattacks spread from Ukraine and Russia across Europe to the United States.

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