JBS is the world's largest meatpacker and the cyberattack caused its Australian operations to shut down on Monday
67% Indian organisations whose data was encrypted paid to get their data back
The ransomware attacks on high-profile targets such as corporations, government agencies and municipal organisations globally increased by a whopping 767% from last year
Russia-based hackers have hit Apple in a $50 million ransomware attack via a Taiwan-based company that manufactures MacBooks and other products for the Cupertino-based iPhone maker, the media reported
The gap between ransomware operators at different ends of the skills and resource spectrum will increase, the report says
Microsoft announced legal action seeking to disrupt a major cybercrime digital network that uses more than 1 million zombie computers to loot bank accounts and spread ransomware
Even if a ransomware attack fails to disrupt elections, it could nonetheless rattle confidence in the vote
The research showed that India, together with Hong Kong and Singapore, continued to face high drive-by download attack volume
The leaked data seems to be a warning by the ransomware operators to Indiabulls group to accept their terms within 24 hours
The report suggested cyber criminals are getting more sophisticated in targeting their victims, but also noted that many attacks could have been prevented with improved computer security
Amid the increasing number of ransonware attacks, organisations in the country are finding themselves more vulnerable as India was the most targeted country.As per a survey conducted by network security firm Sophos, around 67 per cent of Indian organisations were hit by ransomware and 38 per cent twice. Infact, Indian organisations median cost stood at USD 1.17 million to rectify the impact of ransomware.The survey, conducted in October and November 2017, covered 300 businesses in India across Delhi, Mumbai, Bangalore, Hyderabad, Kolkata and Chennai. Overall, the survey polled more than 2,700 IT decision makers across mid-sized businesses in 10 countries, including the US, Canada, Mexico, France, Germany, UK, Australia, Japan, South Africa and India. The survey concludes that despite the intensity and magnitude of attacks, Indian businesses are still not prepared to defend itself against determined attackers. "Unlike lightening, ransomware can strike again and again to the same ...
According to the report, nine new families of ransomware emerged on Windows in the third quarter.
WannaCrypt accounted for 45.3% of all ransomware tracked through SophosLabs with Cerber accounting for 44.2%
The latest strain of ransomware was particularly virulent, experts warned
Marcus Hutchins, also known as "Malware Tech", accidentally triggered a "kill switch"
Some hospitals, schools and universities in Asia were hit by a global cyber attack