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CNA Financial Insurance Company Paid $40 Million to Free Itself From Ransomware Attack

(Photo : Pixabay/TheDigitalWay) Hacker ransomware
CNA Financial insurance company may have paid one of the most expensive malware ransoms to date. This is the company s desperate move to free itself from the hackers.
CNA Financial Insurance Company Paid Attacker
According to Bloomberg, the US insurance company shelled out $40 million in late March to regain control of its network following a two-week lockout.
In order to put that payout in perspective, the CEO of the Colonial Pipeline said in an interview with The Wall Street Journal this week that his company paid $4.4 million to hackers after a ransomware attack that led to fuel shortages across the United States. ....

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Internet of Things Devices Vulnerable to Attacks and Data Manipulation Due to Old Security

10 February 2021, 11:36 am EST By
Cybersecurity online
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Pexels/Pixabay
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The vulnerabilities in the communications protocols that are used by millions of Internet of Things or IoT and operational technology or OT devices could let cyber attackers and hackers to intercept sensitive data and manipulate data.
Vulnerabilities in some TCP/IP stacks have been laid out by cybersecurity researchers at Forescout, who dubbed the nine new vulnerabilities as Number Jack.
Internet of Things prone to attack
Project Memoria, an initiative examining vulnerabilities in TCP/IP stacks and how to mitigate them is part of the ongoing research about the vulnerability of cybersecurity. ....

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