Security News > 2020 > May > News Wrap: Ransomware Extortion Tactics, Contact-Tracing App Security Worries

Recent ransomware attacks, including ones targeting healthcare giant Magellan, the IT office that supports Texas appellate courts and judicial agencies, and a popular law firm that works with several A-list celebrities, including Lady Gaga, Drake and Madonna.

"Double extortion" methods being increasingly used by ransomware actors - and new research that found paying a ransom to unlock systems can actually cost companies more financially than recovering data themselves in the long run.

The state of Utah announcing it has settled on a contact-tracing mobile app that collects detailed user location information to track the spread of COVID-19 among citizens - eschewing the API model proposed by Apple and Google in April.

The roadmap for a COVID-19 contact-tracing app, to be rolled out by the UK's National Health Service, was thrust into the spotlight thanks to sensitive documents being leaked via a public Google Drive link.

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News URL

https://threatpost.com/news-wrap-ransomware-extortion-tactics-contact-tracing-app-security/155796/