Security News
Belgium-based aircraft parts maker ASCO Industries has been severely hit by a ransomware attack that started last week. read more
Hackers are going back to the tried-and-true method of simply demanding ransoms be paid in cryptocurrencies, rather than trying to covertly mine them.
ASCO Industries, a manufacturer of aerospace components with headquarters in Zaventem, Belgium, has been hit with ransomware, which ended up disrupting its production around the world. The attack...
City's IT Department Continuing Recovery WorkA month after Baltimore's IT network was hit with the RobbinHood ransomware variant, officials believe the May 7 attack will cost $18 million, which...
We know it's controversial – but don't rule out paying the ransom to unscramble your biz files, experts suggest As ransomware infections continue, conventional wisdom on how to respond to threats...
Norwegian aluminum giant Norsk Hydro lost $35-41 million in the first quarter of 2019 as a result of the ransomware attack and expects additional losses of $23-29 million in the second quarter. read more
On the heels of the formal launch of CloudWRX, an end-to-end cloud computing management platform, IOXO announced CityWRX, an initiative leveraging CloudWRX to provide increased security and...
The authors of the GandCrab ransomware strain are shutting their ransomware-as-a-service portal, allegedly walking away with a cool $150m.
For almost the past month, key computer systems serving the government of Baltimore, Md. have been held hostage by a ransomware strain known as "Robbinhood." Media publications have cited sources...
The authors of the GandCrab ransomware have reportedly announced on underground forums that they are closing their operation after claiming that they have earned over $150 million a year. read more