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14 Oct 2020, 7:02 am
Ransomware is malware that encrypts data on a victim’s device, thus rendering the data inaccessible, until a ransom is paid in exchange for decryption. [read post]
9 Oct 2020, 4:07 am
You might not do such a heinous thing, but you can bet that someone, probably many, will seize their opportunity to hold a business ransom. [read post]
7 Oct 2020, 12:18 pm
Stewart Baker shared an episode of The Cyberlaw Podcast entitled “Damned if You Do, Damned if You Don’t (Pay the Ransom). [read post]
7 Oct 2020, 10:18 am
As the two new advisories illustrate, should the victim choose to pay a ransom, the attacker’s anonymity creates sanctions and anti-money-laundering risks for various parties involved. [read post]
6 Oct 2020, 10:31 am
Recent attacks are showing a trend in certain techniques such as credentialed harvesting, the use of compromised username/password information to gain access to sensitive information; ransomware, a type of malware that blocks access or threatens the use of the victim’s sensitive information unless the victim pays a ransom; and an increased focus on the Internet of Things (IoT), given the interconnection of our phones, devices, etc. [read post]
6 Oct 2020, 8:13 am
In this episode, Jamil Jaffer, Bruce Schneier, and I mull over the Treasury announcement that really raises the stakes even higher for ransomware victim. [read post]
5 Oct 2020, 4:31 pm
[Episode 331 of the Cyberlaw Podcast] In this episode, Jamil Jaffer, Bruce Schneier, and I mull over the Treasury announcement that really raises the stakes even higher for ransomware victim. [read post]
5 Oct 2020, 7:31 am
By Henry Norwood, Attorney The fight against the scourge of the data privacy world, ransomware, has taken a new turn as the U.S. federal government has issued new guidance making clear that victims of ransomware attacks who opt to pay ransom demands may in turn face government-imposed penalties. [read post]
5 Oct 2020, 3:58 am
These squatters have registered foreign companies’ trademarks not to hold them for ransom, but to use them in commerce. [read post]
3 Oct 2020, 7:30 am
Yes, companies pay ransom. [read post]
1 Oct 2020, 1:43 pm
The prohibition applies not only to the group that is infected but also to any companies or contractors the hacked group’s security or insurance engages with, including those who provide insurance, digital forensics, and incident response, as well as all financial services that help facilitate or process ransom payments.Read 5 remaining paragraphs | Comments [read post]
30 Sep 2020, 2:10 pm
(credit: Samuel Corum | Getty Images) Federal authorities have accused two men of hacking the email and social media accounts of multiple athletes with the National Football League and the National Basketball Association and either selling or ransoming the credentials for profit. [read post]
30 Sep 2020, 9:42 am
Andrew Stewart, from left, Alfred Chestnut, and Ransom Watkins speak Monday, Nov. 25, 2019, in Baltimore, Md. [read post]
29 Sep 2020, 2:34 pm
A hacker released sensitive information about students in a large Las Vegas public school district after officials refused to pay the attacker a ransom to unlock the district’s compromised servers, reports the Wall Street Journal. [read post]
28 Sep 2020, 10:22 am
Forty years on and much of the dynamism of technology has been choked out of the industry, with a few firms attaining seemingly permanent dominance over our digital lives, maintaining their rule by buying or merging with competitors, blocking interoperability, and holding whole markets to ransom. [read post]
18 Sep 2020, 7:49 am
The Fijis would sometimes capture the crew of a stranded ship for ransom, and eat them if they resisted. [read post]
1 Sep 2020, 5:13 pm
Attackers use this access to mine the company’s databases, records and files to obtain information to leverage against the company for ransom or even in other cyberattacks. [read post]
1 Sep 2020, 10:00 am
Early ransomware would encrypt a firms’ files and demand a ransom, often paid in Bitcoin, to decrypt the files. [read post]
28 Aug 2020, 4:39 pm
A 400 bitcoin ransom was sought but declined. [read post]
27 Aug 2020, 7:12 pm
“The purpose of the conspiracy was to recruit an employee of a company to surreptitiously transmit malware provided by the coconspirators into the company’s computer system, exfiltrate data from the company’s network, and threaten to disclose the data online unless the company paid the coconspirators’ ransom demand,” prosecutors wrote in the complaint.Read 9 remaining paragraphs | Comments [read post]
