Beware of GermanWiper – the ransomware that is not ransomware

A piece of wiper malware is making the rounds erasing people’s important files, with its authors demanding a modest ransom to restore the data. However, the ransomware campaign is a lie, and the operators have no intention of decrypting the data…. Continue reading Beware of GermanWiper – the ransomware that is not ransomware

New York Businesses Must Now Report a Breach Even if Private Data Was Merely ‘Viewed’

New York is joining other US states in expanding its definition of a data breach to include unauthorized “viewing” of data. The amendment also expands the definition of private information.
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Data-Collecting Firms Have Only One Shot at Seeding Trust in Their Userbase, New Research Shows

As data protection authorities start to dish out GDPR-related fines, businesses in the US must learn to better communicate their data-handling practices to customers. The pressure is on for businesses to seed trust in their user base.
The post Dat… Continue reading Data-Collecting Firms Have Only One Shot at Seeding Trust in Their Userbase, New Research Shows

Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint

Trading crypto currency may land you a fortune overnight, but there are plenty of risks involved. Like forgetting the password to your wallet. Or someone hacking your computer to steal your funds. Or having your exchange hacked. In the case of Bitpoint… Continue reading Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint

US mayors agree to boycott future ransomware attacks following hacking spree on city systems

Numerous big cities across the United States have fallen victim to ransomware attacks costing the municipalities tens of millions of dollars to recover. While some city administrators refrain from giving in to extortion demands, most end up paying in e… Continue reading US mayors agree to boycott future ransomware attacks following hacking spree on city systems

ICO to fine British Airways £183.39 million under GDPR over 2018 breach

The UK’s Information Commissioner’s Office intends to fine British Airways £183.39 million over a breach that compromised the personal data of some 500,000 customers. In October of 2018, the self-touted “world’s favorite ai… Continue reading ICO to fine British Airways £183.39 million under GDPR over 2018 breach

Two Years After WannaCry, NHS Still Not Properly Safeguarded Against New Attacks

A combination of outdated computer systems, lack of investment, and a deficit of skills and awareness in cyber security is placing NHS hospitals at risk, researchers have warned.
The post Two Years After WannaCry, NHS Still Not Properly Safeguarde… Continue reading Two Years After WannaCry, NHS Still Not Properly Safeguarded Against New Attacks

Lake City fires its IT director after paying hackers $460K in ransom

After suffering a ransomware attack that crippled municipal systems, the city of Lake City in Florida, USA, has fired its director of information technology. As the (updated) story goes, Lake City was initially hit without a ransom demand from the atta… Continue reading Lake City fires its IT director after paying hackers $460K in ransom