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Ransomware attacks launched by cybercriminal mafias in foreign safe havens

increase font size Ransomware attacks launched by cybercriminal mafias in foreign safe havens A new report by a public-private task force including Microsoft, Amazon, the National Governors Association, the FBI and Britain’s and Canada’s elite crime agencies offers a comprehensive plan for assaulting ransomware By FRANK BAJAKAP Technology Writer Read Article BOSTON Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias that mostly operate in foreign safe havens out of the reach of Western law enforcement.

Thu 9:24 a m : No ransomware silver bullet; crooks out of reach | News, Sports, Jobs

Apr 29, 2021 In this April 2 file photo, Washington Metropolitan Police Department chief Robert Contee speaks during a news conference in Washington. Political hand-wringing in Washington over Russia s hacking of federal agencies and meddling in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias. All the while, ransomware gangsters have become more brazen and cocky as they put more and more lives and livelihoods at risk. This week, one syndicate threatened to make available to local criminal gangs data they say they stole from the Washington, D.C., metro police on informants. (AP Photo/Alex Brandon)

No ransomware silver bullet, crooks out of reach

ransomware gangsters have become more brazen and cocky as they put more and more lives and livelihoods at risk. This week, one syndicate threatened to make available to local criminal gangs data they say they stole from the Washington, D.C., metro police on informants.

US creates tasks force to tackle ransomware security threat

Fox News contributor and former Secretary of State Mike Pompeo reacts to Biden s joint address to Congress Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias that mostly operate in foreign safe havens out of the reach of Western law enforcement. Stricken in the United States alone last year were more than 100 federal, state and municipal agencies, upwards of 500 health care centers,1,680 educational institutions and untold thousands of businesses, according to the cybersecurity firm Emsisoft. Dollar losses are in the tens of billions. Accurate numbers are elusive. Many victims shun reporting, fearing the reputational blight.

Ransomware attacks: What are they? Can they be stopped?

Ransomware attacks: What are they? Can they be stopped?
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