Page 43 - Ransomware Task News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Rick Newman June 3, 2021, 12:46 PM As a presidential candidate in 2020, Joe Biden never mentioned ransomware. As president, however, he must craft a solution to a burgeoning economic and national-security threat that may now rank as dangerous as terrorism.  Ransomware attacks, perpetrated by hackers who paralyze an organization’s computer network and demand a ransom payment to unlock it, aren’t new. They date back to at least 2006 as a kind of side gig for enterprising hackers. What is new is the corporatization of ransomware attacks and the use of cryptocurrency as an untraceable form o...

Pressure is mounting for companies and federal agencies to crack down on such cyberattacks.

The Biden administration is ramping up efforts to combat ransomware, as hackers find new ways to exploit the vulnerabilities of corporations and governments for big payoffs by threatening to disrupt critical infrastructure.

The meatpacking incident adds to a long list of brazen criminal attacks that have shut down businesses, government agencies, schools and hospitals.