Should we expect cybercriminals to ditch the pseudonymous cryptocurrency for other forms of payment that may be better at throwing law enforcement off the scent? Earlier this week, the Department of Justice announced it seized around $2.3 million worth of bitcoin (BTC 63.7) collected in the BTC 75 payment for Colonial Pipeline ransomware. Does this mean Bitcoin … More Tracking ransomware cryptocurrency payments: What now for Bitcoin?
Ireland appeared to be shaken to the core by the recent cyberattack on HSE and the Department of Health, but once past the initial shock, is it time for an in-depth look at the Irish cybersecurity infrastructure and whether such attacks could not have been anticipated, detected or prevented. In 2017 the National Health Service … More What can we learn from the HSE and Department of Health ransomware attacks?
After a year in which the COVID-19 pandemic upended the way we live, work and socialize, we are likely to see an increased threat from ransomware and fileless malware in 2021, according to the latest trends report from ESET. Cybersecurity Trends 2021: Staying secure in uncertain times explores the predictions of experts from the global cybersecurity firm, revealing … More ESET predicts: Ransomware and fileless malware to present increased threat in 2021
Companies facilitating ransomware payments run the risk of facing stern penalties for violating US regulations. The COVID-19 pandemic has been accompanied by a surge in ransomware attacks targeting the computer systems of organizations in various industries, with an increasing number of victims opting to pay the ransom in an effort to resume operations as soon as possible. … More US gov’t warns against paying off ransomware attackers
The cyber incident has taken most of Newcastle University’s systems offline and officials estimates it will take weeks to recover. While students are slowly preparing to return to their universities and colleges after a prolonged absence due to the Covid-19 pandemic, Newcastle University in England has been left reeling from a cybersecurity incident that has affected almost all its systems. The university first became … More UK University suffers cyberattack, ransomware gang claims responsibility