alt=A computer screen with video player, emphasizing ransomware vulnerability.

2024-02-08 Post a Comment

LockBit Ransomware Group Demands $11 Million From Government to Unlock Files

By Kaaviya Ragupathy A devastating ransomware attack by Lockbit recently targeted the charming city of CalviÃ in Majorca, Spain, which is well-known for its tourism appeal. This incident underscores the escalating audacity of ransomware groups targeting both governmental and corporate entities. ANY.RUNÂ reported that the attack led to IT outages, suspending all administrative deadlines until January 31, 2024. ANY.RUN is a cloud malware sandbox that handles the heavy lifting of malware […]

alt=People working on computers in an office, focused on "how to protect your business from cyber attacks".

Cyber security

2024-02-08 Post a Comment

How SMBs can lower their risk of cyberattacks and data breaches

Sponsored by Specops Software TheÂ Akira ransomware groupÂ is targeting small to medium-sized businesses (SMBs) -Â 80% of its victims, since March 2023, have been SMBs. According toÂ Arctic Wolf, the groups ransom demand ranges between $200,000 USD to over $4 million USD. If the organizations refuse to pay, the gang threatens to expose names and data. According to the same source, most intrusions leveraged compromise credentials to obtain initial access. Akira is just […]

alt=Johnson Controls acquires industrial automation firm for $1B.

Cyber security

2024-02-08 Post a Comment

Johnson Controls says ransomware attack cost $27 million, data stolen

By Bill Toulas Johnson Controls International has confirmed that a September 2023 ransomware attack cost the company $27 million in expenses and led to a data breach after hackers stole corporate data. Johnson Controls is a multinational conglomerate that develops and manufactures industrial control systems, security equipment, air conditioners, and fire safety equipment. As first reported by BleepingComputer,Â Johnson Controls suffered a ransomware attackÂ in September after the firm’s Asia offices were […]