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27 May 2021, 8:08 am by Dan Bressler
” The designation by the Treasury Department made it illegal for a U.S. company to knowingly pay a ransom to Evil Corp. [read post]
25 May 2021, 7:56 am by Kevin V. Small and Casey L. Coffey
After consulting with the FBI and other tech services, G&G Oil paid a Bitcoin ransom to regain access to its computer systems and operations. [read post]
25 May 2021, 5:01 am by Dan Goodin
” In a later version, the bug was fixed and the malware gained full-fledged ransomware behaviors, including the leaving of notes demanding victims pay a ransom in exchange for a decryption key. [read post]
24 May 2021, 6:28 pm by Howard Bashman
Joel Boenitz of The Columbia Missourian reports that “Judge Robin Ransom becomes first Black woman named to Missouri Supreme Court. [read post]
24 May 2021, 9:00 am by Law Offices of Salar Atrizadeh
The culprits usually request some form of ransom in order to decrypt the files. [read post]
20 May 2021, 9:42 am by Marie Daly
  They are now believed to have issued a deadline of May 24 for payment of the ransom. [read post]
20 May 2021, 5:01 am by Kellen Dwyer
Ransomware gangs therefore need a way to convert their ransom payments from cryptocurrency to fiat currency. [read post]
18 May 2021, 7:31 am by Stewart Baker
Colonial has paid $5 million in ransom, gotten a bad decryption tool and restarted operations anyway. [read post]
17 May 2021, 4:47 pm by Stewart Baker
Colonial has paid $5 million in ransom for a bad decryption tool and restarted operations anyway. [read post]
16 May 2021, 2:32 pm by Sabrina I. Pacifici
Driving the news: Colonial Pipeline paid hackers almost $5 million in ransom to restore its systems and get gasoline flowing again after a ransomware attack held the country’s largest pipeline hostage, which resulted in widespread disruption of gasoline supply. [read post]
15 May 2021, 4:29 pm by INFORRM
The hackers used the information they stole to demand a ransom from not only Vastaamo, but also from its patients. [read post]
14 May 2021, 1:18 pm by Matt Gluck
On Wednesday, reputable media outlets reported that Colonial did not intend to pay the ransom. [read post]
14 May 2021, 9:43 am by Tim De Chant
In another, a ransomware gang recently posted personnel records from District of Columbia’s Metropolitan Police Department after the department didn’t cave to their demands of a $4 million ransom. [read post]
” After obtaining valuable data, criminal groups then hold that data hostage until the victim pays a ransom. [read post]
13 May 2021, 12:48 pm by Craig A. Hoffman and Elise Elam
Documentation – identify what insurance carrier(s) (e.g., cyber, kidnap/ransom) will require to give consent to ransom payment and to reimburse (e.g., “business case” for payment, OFAC clearance report). [read post]
13 May 2021, 12:09 pm by Bill Budington
Ransomware is a combination word of “ransom”—holding stolen property to extort money for its return or release; and “malware”—malicious software installed on a machine. [read post]
12 May 2021, 11:41 am by Matt Gluck
The criminal group, known as Babuk, threatened to publish information concerning secret informants, criminal investigations and gang members if the District refuses to provide ransom. [read post]
12 May 2021, 7:52 am by Legal Talk Network
His wife fought for his release but U.S. policy forbid the government from paying his ransom. [read post]