Security

US sanctions crypto exchange over ransomware ties

The United States imposed sanctions Tuesday on cryptocurrency exchange SUEX for its ties to ransomware extortionists, as Washington seeks to crack down on a sharp rise in digital crime attacks.

Security

Iowa farm cooperative hit by ransomware, systems go offline

A ransomware attack by the BlackMatter gang forced New Cooperative, an association of Iowa corn and soy farmers, to take their systems offline but it said it created workarounds to receive grain and distribute feed, a person ...

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

Kaseya gets master decryption key after July 4 global attack

The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organizations ...

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.

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