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The attack that led Colonial Pipeline to shut down its 5,500-mile pipeline, causing fuel shortages throughout the southeastern U.S., underscored that the ballooning ransomware wave isn't just about money. Targeting the private businesses that run much of the economy also threatens national security.
Ransomware wreaking havoc worldwide – quietly The attack on Colonial Pipeline last week underscored that what's now a big business is also a national security threat. By Ellen Nakashima and Rachel LermanThe Washington Post Share The hacker ring’s ransom note appeared on the company’s computer screens this past Monday. “Your computers and servers are encrypted, backups are deleted,” it said. “We use strong encryption algorithms, so you cannot decrypt your data.” But, the extortionists said, “you can restore everything by purchasing a special program from us – universal dec...
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Over the past few months, ransomware attacks have not only hit businesses of all sizes, but also hospitals in New York, Nebraska, Oregon, and Michigan, among multiple other states. Police and sheriffs' offices, schools, and local governments, from Atlanta to Baltimore to Fisher County, Texas, have suffered a similar fate. A recent report from the Ransomware Task Force, a group of 60 cybersecurity experts from industry and government, sheds light on both the alarming increase in the frequency of these attacks and the ransom size they demanded. In 2020, it estimates $350 million in ransom was p...
The Departments of Homeland Security and Commerce are working to help businesses prevent and respond to ransomware attacks, write Secretaries Mayorkas and...