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  Blackbaud paid the ransom, in exchange for a commitment that the threat actors would permanently destroy any data accessed. [read post]
  Blackbaud paid the ransom, in exchange for a commitment that the threat actors would permanently destroy any data accessed. [read post]
28 Oct 2021, 8:48 pm by Patrick Bracher (ZA)
  It ultimately paid the requested ransom with four bitcoins valued at nearly $35 000 before it regained access to its computer systems. [read post]
28 Oct 2021, 8:48 pm by Patrick Bracher (ZA)
  It ultimately paid the requested ransom with four bitcoins valued at nearly $35 000 before it regained access to its computer systems. [read post]
28 Oct 2021, 9:31 am by Lara Degenhart Cassidy and Sima Kazmir
On September 21, 2021 and October 15, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued reminders of the sanctions risks for facilitating ransom payments to designated malicious cyber actors. [read post]
26 Oct 2021, 2:58 am by Liz Dunshee
Here’s an excerpt: The fact that paying the ransom is not illegal in and of itself does not make deciding whether to pay any less difficult. [read post]
His team members intercepted and blocked e-mails from a fraudster who solicited their client’s employees for assistance in installing ransomware into their employers’ networks in exchange for a percentage of the ransom. [read post]
20 Oct 2021, 9:35 am by Rob Robinson
Paying the ransom also does not guarantee that a victim’s files will be recovered. [read post]
19 Oct 2021, 11:26 am by Emily Dai
The gang, 400 Mawozo, has increasingly conducted kidnappings for ransom as Haiti suffers from political instability and severe poverty. [read post]
18 Oct 2021, 7:18 am by Immigration Prof
As Maria Abi-Habib and Ruth Graham report for The New York Times, incidents of kidnappings and ransoms... [read post]
16 Oct 2021, 7:05 am
Among other things, they note that paying the ransom encourages future attacks against the victim company and others, and does not guarantee the restoration of data or the return of stolen data without public disclosure. [2] (more…) [read post]
15 Oct 2021, 2:17 pm by Rachel Casper
So, if you decline to pay the ransom for the decryption key, the criminals point out that they have exfiltrated your data – now there’s another reason to pay a ransom before they expose or sell that data. [read post]
12 Oct 2021, 3:31 pm by Sabrina I. Pacifici
Attackers also have upped their game through multiple strategies, such as the double-extortion tactic in which they vow to publicly release the stolen data unless the ransom is paid. [read post]
12 Oct 2021, 8:14 am by Rob Robinson
The comprehensive map pinpoints the locations of each ransomware attack and, where available, includes the ransom amount, whether or not the ransom was paid, the entity and industry that was targeted, and the strain of ransomware used. [read post]
8 Oct 2021, 7:03 am by Jon Shazar - Dealbreaker
The Justice Department has a new squad of crypto-cops, a new taste for white-collar criminal enforcement, a new demand for cyber-ransom notifications. [read post]
6 Oct 2021, 10:00 pm
Ransomware actors often target businesses believed to have fewer resources to invest in cyber protection, as well as those holding sensitive data, in the hopes that they will be more likely to make a quick ransom payment. [read post]
6 Oct 2021, 10:00 pm
Ransomware actors often target businesses believed to have fewer resources to invest in cyber protection, as well as those holding sensitive data, in the hopes that they will be more likely to make a quick ransom payment. [read post]
6 Oct 2021, 10:00 pm
Ransomware actors often target businesses believed to have fewer resources to invest in cyber protection, as well as those holding sensitive data, in the hopes that they will be more likely to make a quick ransom payment. [read post]