Croatian Police arrests minor over A1 Telecom data breach & ransom demand

By Waqas
The 14-year-old schoolboy was accused of stealing data of 100,000 Tele Operator A1 customers and demanding 150 Ethereum…
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US offers $10m reward for decisive info on DarkSide ransomware gang

By Waqas
The US is offering $10 million to anyone who can provide information to law enforcement authorities on the infamous DarkSide ransomware gang that may help in locating and arresting its operators.
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Ransom fail: Iranian hackers leak trove of Israeli LGBTQ dating app data

By Waqas
Iranian Hackers Leaked Private Messages and sensitive data of 690,000 Israeli LGBTQ Dating App Atraf Users After $1 Million Ransom is Denied.
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Canadian IP Firm VoIP.ms hit by non-stop extortion based DDoS attacks

By Waqas
Although unconfirmed; the notorious REvil ransomware gang could be behind the DDoS attacks on VoIP.ms. Here’s what we know so far.
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REvil gang hits UK ITSPs with series of extortion-based DDoS attacks

By Waqas
Reportedly, the REvil ransomware gang is using DDoS attacks to make huge ransom demands from victim companies VoIP Unlimited and Voipfone.
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Cyber Insurers Might Be Making the Ransomware Problem Worse

In mid-May, one of the largest insurance companies in the U.S. paid $40 million to ransomware attackers. Two people familiar with the matter told Bloomberg that the malicious actors stole an undisclosed quantity of data and then effectively locked the insurer out of its network for two weeks. The company ignored the attackers’ demands at […]

The post Cyber Insurers Might Be Making the Ransomware Problem Worse appeared first on Security Intelligence.

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Menlo Security Poll Finds Resistance to Ransom Demands

A poll of 8,571 individuals conducted on Twitter by Menlo Security suggests business and IT leaders are becoming more inclined to accept financial losses rather than cave to ransomware demands. A full 79% of respondents said they would not pay ransom … Continue reading Menlo Security Poll Finds Resistance to Ransom Demands

Fake ransom scams targeting families of missing persons

By Deeba Ahmed
FBI has issued an alert to families of missing persons to watch out for fake ransom scams in which scammers collect information about missing people from social media.
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Conti ransomware gang demanded $40m from US school district

By Habiba Rashid
Broward County Schools district in Fort Lauderdale, FL was attacked by the infamous Conti ransomware group last month. In a series of ransomware attacks on educational institutions that have been going on for the past few weeks, this t… Continue reading Conti ransomware gang demanded $40m from US school district

REvil hackers demand $50M from Acer after threatening to leak data

By Habiba Rashid
The biggest ransomware attack in history was observed on 18th March when cybercrime syndicate REvil demanded $50M from tech giant Acer.
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