cyber crime News

Ransomware Is Key Online Threat Facing UK, Says Cyber Security Chief

Professional criminals holding businesses to ransom — often with the support of nation-states — is the key online threat facing the UK, the country’s cyber security chief will say Monday. Lindy Cameron, who is chief executive of the National Cyber …

Oklahoma Cybercrime Legislation Headed to Governor

A bipartisan solution to address the proliferation of cybercrime has unanimously passed the Oklahoma Senate. House Bill 1759, authored by Rep. Trish Ranson, D-Stillwater and Sen. Zack Taylor, R-Seminole, updates language in the Oklahoma Computer Crimes Act to better address …

Oklahoma House Unanimously Passes Cybercrime Bill

A bill to address a growing trend of cybercrime unanimously passed the Oklahoma House of Representatives on March 10 with a vote of 92 to 0. House Bill 1759, authored by Rep. Trish Ranson, D-Stillwater, updates language in the Oklahoma …

Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals

Cyber criminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses, according to a report from the Identity Theft Resource Center. The nonprofit, which supports victims of identity crime, found that …

Cyber Attacks Cost Russian Companies and Citizens $49B in 2020: Sberbank

MOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country’s largest lender Sberbank said. Russia has encouraged its citizens to switch to bank cards and limit cash use to …

Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm

A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion Inc. Prevailion’s analysis comes a day after the FBI and …

Dozens of U.S. Hospitals Hit With String of Ransomware Attacks

Eastern European criminals are targeting dozens of U.S. hospitals with ransomware, and federal officials on Wednesday urged healthcare facilities to beef up preparations rapidly in case they are next. The FBI is investigating the recent attacks, which include incidents in …

New Jersey Urges Vigilance as Data Breaches, Online Threats Rise During Pandemic

As October’s National Cybersecurity Awareness Month is underway, New Jersey Attorney General Gurbir S. Grewal warned residents of the state that data breaches, internet fraud and online threats are on the rise. With New Jersey residents facing a rise in …

Businesses Face Fewer Cyber Events, But the Attacks Are More Costly

The stakes are higher than ever for businesses when it comes to cyber risk, especially with the added complexity of COVID-19 thrown into the mix. Yet, even before the global pandemic struck, companies had been taking more action than ever …

Preventing Losses Due to Growing Cyber Crime During the Coronavirus Crisis

The insurance industry needs to spend time educating clients on how to best protect themselves as cyber criminals continue to capitalize on new vulnerabilities in the wake of the COVID-19 pandemic. Educating clients is as important as getting them the …