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1 Sep 2020, 5:13 pm by Kevin Cloutier and Mikela Sutrina
  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 by Catherine Reach
Early ransomware would encrypt a firms’ files and demand a ransom, often paid in Bitcoin, to decrypt the files. [read post]
27 Aug 2020, 7:12 pm by Dan Goodin
“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]
26 Aug 2020, 6:02 am by Andrew Mines, Devorah Margolin
From expansive territorial control-based revenue to kidnapping-for-ransom to small donations from supporters around the world, terrorist groups have steadily diversified their funding sources over the past few decades. [read post]
25 Aug 2020, 6:01 am by Jean O'Grady
We all need to read these stories of hope and determination encapsulated in the Fastcase 50 profiles at http://www.fastcase.com/fastcase50 Here is the full press release: FOR IMMEDIATE RELEASE August 25, 2020 Media Contacts: Jennifer Brand Ransom, Fastcase Media Relations 202.731.2114 jbransom@brandsolutionsgroup.com   Fastcase Announces 2020 “Fastcase 50” Award Winners Honors 50 Innovators, Visionaries, and Leaders in Law   Washington, DC (August 25, 2020) –… [read post]
23 Aug 2020, 8:06 pm by Staycie R. Sena
A father who believed his son had been kidnapped by someone demanding ransom money reportedly learned that it was a scheme his son had set up in an alleged attempt to take his cash. [read post]
21 Aug 2020, 11:26 am by Robert E. Braun
  First, even though it was able to prevent the ransomware attack, the cybercriminal exfiltrated unencrypted data from Blackbaud’s servers, in reaction to which Blackbaud elected to pay a ransom for the criminal’s agreement to destroy the data – given the reliability of criminals, a somewhat dubious promise. [read post]
21 Aug 2020, 10:37 am by Brad Schnure
” That’s led many businesses to seriously consider if they should continue paying a king’s ransom to maintain costly office space in New York for thousands or tens of thousands of employees who don’t want to return. [read post]
14 Aug 2020, 7:26 am by Associated Press
The lawsuit filed in Baltimore by Alfred Chestnut, Andrew Stewart and Ransom Watkins said ... [read post]
4 Aug 2020, 11:07 am by O'Connor Law
  Despite the swift action, they were left to decide whether to continue risking the data of employees and clients or roll the dice on trusting the hackers to pull through their side of the bargain, and paying the ransom. [read post]
31 Jul 2020, 8:58 am by Bryan Gort
Ransomware is malware that stops a user from accessing either part or all of the data within their network or other systems until a ransom is paid. [read post]
29 Jul 2020, 12:21 pm by Joe Mullin
When IPR isn’t an option, more patent owners can demand bigger settlement payments—effectively, as a ransom for avoiding the costs of litigating a case through discovery and trial. [read post]
28 Jul 2020, 12:36 pm by Tia Sewell
On Tuesday, police in New South Wales announced that this year over $2 million has been paid in ransom for abductions that never happened. [read post]
24 Jul 2020, 5:02 am by Eugene Volokh
After obtaining the personal identifying information, Epifaniou allegedly used proxy servers located in foreign countries to log into online email accounts and send messages to the victim websites threatening to leak the sensitive data unless a ransom was paid. [read post]
22 Jul 2020, 11:12 am by Chas Kissick
It alleges that they have stolen hundreds of millions of dollars in intellectual property and other data in addition to extorting at least one victim for a ransom at threat of making the stolen data publicly available. [read post]
21 Jul 2020, 2:12 pm by Kevin LaCroix
  There is reimbursement coverage if you suffer a ransomware attack and need to pay the ransom to get “out of jail. [read post]
19 Jul 2020, 7:01 am by Anna Meier
Under various material support statutes, including those invoked under the Terrorist Exclusion List, immigrants have faced deportation for paying a ransom to the Tamil Tigers, fixing cars for rebels who threatened their families, and being kidnapped by Salvadoran guerrillas. [read post]
13 Jul 2020, 8:49 am by Bob Ambrogi
” ‘Hand-Waving and Bluster’ In a blog post published today, ROSS cofounders Andrew Arruda, CEO, and Jimoh Ovbiagele, CTO, describe TR’s lawsuit as meritless and say it is an attempt by TR “to hold the law to ransom. [read post]