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US banks processed over $1 billion in ransomware payments last year

02

Nov

2022

Banks in the United States processed almost $1.2 billion in ransomware(opens in new tab) payments last year, a new report has claimed. The Financial Crimes Enforcement Network (FinCEN) drew on data from the ransomware-related Bank Secrecy Act (BSA) filings throughout 2021, and found such incidents have increased “substantially” year-on-year, with roughly 75% of the reported […]

Category Cyber-crime Malware Written by Techradar 0 Comments

Medibank hack turned into a data breach: The attackers are demanding money

21

Oct

2022

Medibank, Australia’s largest private health insurance provider, has confirmed that last week’s “cyber incident” has resulted in a data breach. “Medibank has been contacted by a criminal claiming to have stolen 200GB of data,” the company said. “The criminal has provided a sample of records for 100 policies which we believe has come from our […]

Category Data loss Threats & Malware Written by Helpnetsecurity 0 Comments

For most companies ransomware is the scariest of all cyberattacks

12

Oct

2022

SonicWall released the 2022 SonicWall Threat Mindset Survey which found that 66% of customers are more concerned about cyberattacks in 2022, with the main threat being focused on financially motivated attacks like ransomware. “No one is safe from cyberattacks — businesses or individuals,” said SonicWall Executive Chairman of the Board Bill Conner. “Today’s business landscape […]

Category Threats & Malware Virus & Malware Written by Helpnetsecurity 0 Comments

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US banks processed over $1 billion in ransomware payments last year

Medibank hack turned into a data breach: The attackers are demanding money

For most companies ransomware is the scariest of all cyberattacks

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