Cybersecurity

Cybersecurity

Hackers in Ransomware Attack Demand $70M

The Russian group REvil has offered to unscramble all computers affected by its massive hack in return for $70 million in cryptocurrency.

Matthew Heller
July 6, 2021
Cybersecurity

First American Settles SEC Charges for Cybersecurity Disclosure Failures

The real-estate title insurer failed to secure 16 years’ worth of documents containing sensitive personal information.
Cybersecurity

U.S. Recovers $2.3M in Bitcoin From Colonial Pipeline Hackers

The cryptocurrency was used to pay the ransom in the attack on the Colonial Pipeline system.
Cybersecurity

AM Best Warns of ‘Grim’ Future for Cyber Insurers

The increase in cyber losses outstripped rate hikes last year, suggesting "more trouble for 2021 as ransom demands continue to grow."
Cybersecurity

Cybersecurity Evolves to Handle Remote Workers

Security controls and cyberattack prevention are still catching up to the remote-work shift.
M&A

Thoma Bravo to Buy Proofpoint for $12.3B

The private equity giant is making its biggest bet on cloud software amid forecasts of rapid growth in the security-as-a-service market.
Cybersecurity

Sunburst Hack Costs SolarWinds At Least $18M

The company expects to incur "significant legal and other professional services expenses" associated with the hack of its software in future quarters.
Cybersecurity

Microsoft Accuses SolarWinds Hackers of USAID Cyberattack

Nobelium allegedly emailed over 3,000 accounts and more than 150 government agencies, think tanks, consultancies, and NGOs posing as USAID.
Cybersecurity

Cyber Breach Disclosures Still Take More Than a Month

At the median, public companies took 37 days last year to disclose a breach, the longest period recorded since 2016, says Audit Analytics.
Cybersecurity

Spotting State-Sponsored Cyberattacks

State-sponsored hackers count on going overlooked or undetected when they infiltrate organizations’ systems.
Cybersecurity

Protecting Against Cyberattacks in a Remote Worker World

Companies should invest in training to help employees ward off social engineering attacks, which use social media, personal profiles, and websites.
Cybersecurity

Russia Hack Targeted Specific Microsoft Customers

The company says the hackers' malware attack enabled them to select more than 40 customers for "narrower and more focused" measures.
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