Software

Understanding the rising threat of ransomware attacks

A rude awakening came to thousands of Americans in early May. Many motorists who had never seen the effects of a devastating ransomware attack found themselves scrambling to find a flowing gas pump, and waiting in massive ...

Business

Cyber security firm Norton buys Avast for over $8 bn

US cyber security giant NortonLifeLock is to buy Czech rival Avast for over $8 billion to create a leading consumer business, the pair announced Wednesday after the pandemic fuelled online activity.

Security

New cybersecurity order issued for US pipeline operators

The Department of Homeland Security on Tuesday announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast.

Security

Microsoft Exchange hack caused by China, US and allies say

The Biden administration and Western allies formally blamed China on Monday for a massive hack of Microsoft Exchange email server software and asserted that criminal hackers associated with the Chinese government have carried ...

Security

$10 million rewards bolster White House anti-ransomware bid

The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity, including ransomware attacks, against critical ...

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

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 ...

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