Ransomware attacks

The U.K.’s apparent lack of preparedness and insufficient investment in cybersecurity has reportedly left it highly prone to “catastrophic ransomware attacks,” as per a parliamentary committee. What Happened: The joint committee on the national security strategy has raised...

Expressing grave concerns about the potential misuse of the metaverse and cryptocurrencies by terrorist organizations, Indian Home Minister Amit Shah on Thursday asserted that the virtual world is likely to become a breeding ground for terrorists to brainwash youth, employ and train new...

Amid escalating tensions, the next global conflict, potentially instigated by the likes of Russia or China, may not involve conventional warfare but could see the use of biological and computer viruses, an op-ed in The Wall Street Journal mentioned. Potential Biological Warfare Richard A. Muller,...

Thousands of computer systems globally, including in the U.S., were exposed to a ransomware attack days after a U.K. financial software firm, ION, was subject to a similar attack.  What Happened: Days after the derivatives trading company in the U.K was the target of a hack, a ransomware attack...

Cybercriminals attacked employees of U.S. federal civilian agencies as part of a "widespread cyber campaign" in 2022, revealed a cybersecurity advisory. What Happened: The Cybersecurity and Infrastructure Security Agency, National Security Agency and Multi-State Information Sharing and Analysis...

Ransomware victims have begun to refuse to pay their attackers, but the number of active strains has significantly increased, stated a report by a blockchain analytics company. What Happened: Compared to 2021, ransomware extortion decreased by approximately 40% in 2022, according to the latest...

According to the cybersecurity firm Huntress Labs Inc, a breach at the U.S. IT firm Kaseya in Miami led to more than thousands of American businesses hit by ransomware attacks. What Happened: On Friday, the attackers changed a Kaseya tool called VSA, used by the company to provide IT...