A federal judge has ruled that an insurer providing a "business owner's insurance policy" to a company that sustained a ransomware attack and was forced to replace most of its IT infrastructure must pay for the damages the security incident caused.
FTCODE, a ransomware strain that has been active since at least 2013, has recently been revamped to include new features, including the ability to steal credentials and passwords from web browsers and email clients, according to two research reports released this week.
Officials at the Albany International Airport paid a ransom to cybercriminals after the facility's systems were hit with Sodiniokibi ransomware strain, according to local media reports. It's the same crypto-locking malware that has crippled currency exchange firm Telenex since the start of the year.
A ransomware attack has held London-based foreign currency exchange firm Travelex hostage since New Year's Day, the company confirmed Tuesday. It appears that the Sodinokibi group is behind the attack and is asking for millions from the company.
As tensions between the U.S. and Iran continue to rise, healthcare organizations need to exercise extra vigilance in shoring up their security to defend against potential Iranian cyberattacks on critical infrastructure sectors, says Errol Weiss of the Health Information Sharing and Analysis Center.
In the wake of the killing of an Iranian general in a U.S. drone attack last week, organizations - especially healthcare entities and units of government that have been vulnerable to ransomware attacks - need to be on guard against destructive "wiper" attacks, says Caleb Barlow of CynergisTek.
New Orleans is setting an aggressive pace to restore services after a ransomware attack crippled the city's IT systems: fixing more than 450 servers and 3,500 endpoints in just 48 hours. It's work that would normally take weeks to months, but the city plans to do it must faster.
A Canadian medical testing lab acknowledges that it paid a ransom to "retrieve" data stolen by hackers in an incident that apparently did not involve ransomware. Find out about the unusual details of this incident.
In this in-depth blog, a long-time cybersecurity specialist who recently joined the staff of Information Security Media Group sizes up evolving ransomware risks and offers a list of 11 critical mitigation steps.
A large Atlanta-area manufacturer of wire and cable says it has brought some systems back online after what appears to be a ransomware infection. Southwire Co., based in Carrollton, Georgia, tweeted on Thursday that "we are doing all we can to minimize and resolve this disruption."
The city of Pensacola, Florida, on Tuesday was still recovering from a Saturday ransomware attack that occurred just one day after a shooting incident at Naval Air Station Pensacola. But the FBI reports that it has not identified a connection between the incidents.