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15 May 2020, 4:43 am
Today the story is: "Law firm hackers double ransom demand, threaten Donald Trump"On Thursday, the hackers upped the ante by posting a chilling new message saying, “The ransom is now [doubled to] $42,000,000 … The next person we’ll be publishing is Donald Trump. [read post]
13 May 2020, 6:00 am by Beth Graham
Prescott, Henry King Ransom Professor of Law and the Co-director of both the Empirical Legal Studies Center and the Program in Law and Economics at the University of Michigan Law School, and Orna Rabinovich-Einy, Haifa University Vice Dean, Professor, and Faculty of Law, have written “Are Litigation Outcome Disparities Inevitable? [read post]
12 May 2020, 9:09 am by Gritsforbreakfast
 This created huge disruptions that are still reverberating.Grits understands the defiant impulse to not pay ransom. [read post]
11 May 2020, 9:18 am by Amy Starnes
” The agency also reports it is working with law enforcement to investigate the incident, was able to limit the attack’s impact, and will not pay any ransom. [read post]
8 May 2020, 5:56 am by Bob Ambrogi
They often publish small amounts of data as proof of the attack, and then gradually more in stages if the ransom is not paid. [read post]
7 May 2020, 8:10 am by Craig A. Hoffman
The threat groups that are stealing data, deploying ransomware and then threatening to release the stolen data unless the ransom to obtain the encryption key is paid is a good example of this. [read post]
21 Apr 2020, 6:06 am by David Potter and Anthony P. Valach
We are also seeing instances when an organization is able to recover without paying the ransom, but the threat actor reaches out and claims that it stole data, and demands a ransom to return or destroy the files. [read post]
17 Apr 2020, 12:30 pm by John Ross
Economist for BP breaks bad, pretends to be a hacker who has stolen sensitive data, and demands 125 bitcoins in ransom (then approximately $340k). [read post]
10 Apr 2020, 5:56 am by Bob Ambrogi
It was later learned that Epiq was attacked by the Ryuk ransomware, one that is specifically used to target large enterprises for high-ransom returns. [read post]
9 Apr 2020, 7:49 am by Joseph J. Lazzarotti
In cases of ransomware, recovering encrypted data can be complex and uncomfortable for the organization, particularly if faced with a demand for a ransom payment. [read post]
8 Apr 2020, 6:00 am by Eric Halliday, Connor Veneski
On Nov. 4, 2019, gunmen opened fire on three cars traveling through northern Mexico,  killing nine U.S. citizens—an incident apparently related to a surge of violence caused by Mexican drug cartels. [read post]
1 Apr 2020, 1:03 pm by Benjamin Wanger and Sara Goldstein
Although many healthcare providers have cyber insurance, which can include coverage for ransom payments, it is often the healthcare provider’s responsibility to pay the ransom demand “up front” and obtain reimbursement from its insurance carrier later. [read post]
21 Mar 2020, 12:50 pm by divi
Your data and documents could be encrypted and out of reach unless you pay a ransom, potentially paralyzing your company until the issue is resolved. [read post]
19 Mar 2020, 1:04 pm by Daly Barnett
Upon downloading the app, it will encrypt and lock the user’s phone, demanding Bitcoin in ransom. [read post]
17 Mar 2020, 12:30 pm by Josephine Wolff
Riviera Beach, Florida, paid a $592,000 ransom demand through its insurance policy, and Lake City, Florida, authorized a $460,000 ransom payment of which it was responsible for paying only $10,000 thanks to its generous insurance coverage. [read post]
16 Mar 2020, 8:24 am by HL Chronicle of Data Protection
Using a hypothetical case study, revealed in a series of short animations, Hogan Lovells partners Philip Parish, Arwen Handley, Nicola Fulford and Peter Marta considered topics such as good cyber incident preparedness, board responsibility, data issues, regulatory notifications, litigation and regulatory enforcement risk, liaison with law enforcement, and follow-up steps, and answered questions covering the legality of ransom payments to the perpetrators of cyberattacks and insurance for… [read post]