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19 Jan 2023, 5:00 am by Jason Priebe and Patrick Muffo
A message or text file is usually left with instructions on how to contact the attacker to pay a ransom for the decryption key. [read post]
9 Jan 2023, 3:22 am by Wilson Ang (SG) and Jeremy Lua (SG)
Among other things, the CRTF’s report established Singapore’s national position on ransom payments, which is that payment of ransom to ransomware attackers is strongly discouraged. [read post]
3 Jan 2023, 5:31 am by Hannah Neprash, Alan Z. Rozenshtein
We initially set out to compare the length of operational disruptions for healthcare providers who did and did not pay the ransom. [read post]
29 Dec 2022, 7:20 am by Mark D. Rasch
With more laws prohibiting the payment or ransom (or policies suggesting that it may be unlawful), insurers may take the position that the costs associated with the payment or ransom itself are not covered, and that losses resulting from NOT paying ransom (failure to mitigate damages) might alternatively not be covered. [read post]
Owners insurance in its memorandum in support of jurisdiction wrote: “… Everything from personal phones and computers to cars, voting machines, and pipeline control systems have been “hacked” or “ransomed”. [read post]
20 Dec 2022, 12:38 pm
However, doing any of the following can increase charges to a first-degree felony, punishable with five years to life in prison and up to $10,000 in fines:  Holding a child for ransom or as a hostage  Hurting or sexually abusing a child  Interfering with a government agency’s function  Using the child to commit a felony or escape a felony crime scene Intimidating the child or another person, such as the child’s other parent  Voluntarily releasing… [read post]
The bodies of three individuals were found dumped in TBZ territory “within days or weeks of their abduction,” and fifteen were released after spending time in prison “without contact” with the outside world and often after paying “extortionate ransoms. [read post]
16 Dec 2022, 9:59 am by Veridiana Alimonti
Unlike the Conti group attack, Guacamaya does not intrude on systems for a ransom. [read post]
13 Dec 2022, 8:32 pm by Daily Record Staff
Ransome specializes in education, public health education, community health and rural health. [read post]
9 Dec 2022, 1:29 am by Albert Weatherill (UK)
Extortion or ransom DDoS attacks started to become a new threat. [read post]
8 Dec 2022, 8:30 am by Andrew McCoomb
In this case, the insurer had a clear interest in the bitcoin that was paid by its insured to satisfy the ransom, having reimbursed its insured for that amount. [read post]
8 Dec 2022, 6:00 am by Jennifer González
Reaching Charleston, they blockaded the port, looting vessels, taking hostages, and ransoming them in exchange for valuable medicines. [read post]
7 Dec 2022, 7:31 am by Alexandra L. Arko
The attacker then threatens to release the compromising images to family, friends, and employers unless a ransom is paid. [read post]
2 Dec 2022, 11:09 am by Nolan Goldberg and Margaret Ukwu
Only 59% of companies that paid the ransom successfully recovered their data. 29% of companies who paid the ransom still had their data leaked. [read post]
This is because criminals generally aim to make money by either stealing and selling private and valuable information or holding it at ransom. [read post]
27 Nov 2022, 4:38 pm by INFORRM
The case concerned the defendant(s) unauthorised access to the claimant’s (a UK automotive retailer) IT systems, and the defendant(s)’ subsequent threat to publicise a large number of illegally obtained confidential electronic documents unless a ransom was paid. [read post]
18 Nov 2022, 5:16 am by Eugenia Lostri
And the average ransom paid is higher than ever before. [read post]
The amendment also proposed a new 24-hour notification obligation in the event a ransom payment is made and a 30-day requirement to provide a written description of why the payment was necessary, alternatives considered and sanctions diligence conducted. [read post]