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21 Oct 2020, 7:52 am by Dan Bressler
” “Coalition’s report also showed that the frequency of ransomware attacks against its policyholders rose 260% in the first six months of 2020, while the average ransom demand increased 47% from previously recorded numbers. [read post]
20 Oct 2020, 4:10 pm by INFORRM
In August 2020 Nigel Wright was convicted of blackmail and contaminating food in Tesco stores. [read post]
20 Oct 2020, 2:04 pm by Samantha Fry, Samuel Rebo
The ransom note was later displayed on the victim computer, demanding $300 worth of Bitcoin and providing instructions for the transfer. [read post]
19 Oct 2020, 7:30 am by Pasha Law PC
Many data breaches are followed by ransom […] The post Refusal to pay Ransom Results in Release of Confidential Data appeared first on Pasha Law PC. [read post]
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 by SHG
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 by Anna Salvatore
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 by Trisha Anderson and Blake Hulnick
  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 by Kaufman Dolowich Voluck
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 by Stewart Baker
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 by Stewart Baker
[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 Kaufman Dolowich Voluck
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 by Matthew Dresden
These squatters have registered foreign companies’ trademarks not to hold them for ransom, but to use them in commerce. [read post]
1 Oct 2020, 1:43 pm by Dan Goodin
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 by Dan Goodin
(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 by Alicia Maule
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 by Tia Sewell
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 by Cory Doctorow
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]