Security

Up to 1,500 firms hit in Kaseya ransomware attack

Hundreds of Swedish supermarkets remained shut Tuesday after a major cyberattack that has crippled hundreds of companies worldwide for the past four days, with the perpetrators demanding $70 million in bitcoin to undo the ...

Security

Ransomware attack before holiday leaves companies scrambling

Businesses around the world rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday ...

Security

Professors study ideal responses to ransomware attacks

A pair of College of Business professors and their doctoral student at The University of Texas at Arlington are exploring how ransomware attacks sometimes pit organizations against the law enforcement agencies trying to protect ...

Business

Hit by a ransomware attack? Your payment may be deductible

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms ...

Security

Expert discusses ransomware attacks and how to prevent them

The recent ransomware attack on a major oil refinery in the United States, followed weeks later by another hack that affected a large meat supplier, have again brought the issue of cyberattacks to the forefront of people's ...

Security

Energy chief cites risk of cyberattacks crippling power grid

Energy Secretary Jennifer Granholm on Sunday called for more public-private cooperation on cyber defenses and said U.S. adversaries already are capable of using cyber intrusions to shut down the U.S. power grid.

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