Page 40 - Ransomware Task News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share If the last year has proven anything, it’s that there is no short-term fix for the ransomware plague. Patching, detection, remediation, off site backups, and quick incident response are all vital, but none of them alone or all of them together is a guaranteed answer to the problem. The road to a true solution will be long and will require serious collaboration between enterprise defenders, government agencies, and law enforcement to disrupt the ransomware ecosystem. As ransomware has progressed to the level of becoming a national security concern in the past year, the efforts of gov...

Shutterstock Shutterstock Congress should not attempt to address the threat of ransomware by making ransom payments to cybercriminals illegal By Brian Fung and Geneva Sands, CNN Congress should not attempt to address the threat of ransomware by making ransom payments to cybercriminals illegal, a top FBI official told US lawmakers Tuesday. Banning ransom payments could inadvertently create opportunities for further extortion by ransomware gangs, said Bryan Vorndran, assistant director of the FBI’s cyber division. “If we ban ransom payments now, you’re putting US companies in a position t...

Can Biden do anything to stop ransomware attacks? Vox.com 2 hrs ago Jen Kirby © Peter Klaunzer/Keystone via Getty Images US President Joe Biden, second from left, and Russian President Vladimir Putin meet during the US-Russia summit on June 16, 2021, at Villa La Grange in Geneva, Switzerland. First there was Colonial Pipeline. Then the world’s largest meat supplier. And this weekend, a ransomware group called REvil struck another business, demanding $70 million in payment to unlock the systems of software company Kaseya. By attacking Kaseya, these hackers exploited all ...

White House racing to finalize strategy to deter ransomware attacks By: CNN By Natasha Bertrand, CNN (CNN) -- The White House is racing to finalize a government-wide strategy on how to respond to ransomware attacks that will deter companies from paying out ransoms to cybercriminals as the Biden administration grapples with yet another major attack on a US firm by criminal actors believed to be based in Russia. For months, the National Security Council has been studying how to stop debilitating attacks on critical infrastructure entities and weighi...

Cyber Insurance Industry in Crosshairs of Ransomware Criminals In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and government networks to steal sensitive data for extortion routinely try to learn how much cyber insurance coverage the victims have. Knowing what victims can afford to pay can give them an edge in ransom negotiations. The cyber insuranc...