Some K-12 public schools are racing to improve protection against the threat of online attacks, but lax cybersecurity means thousands of others are vulnerable to ransomware gangs that can steal confidential data and disrupt operations. Since a White House conference …
LockBit, the prolific ransomware gang that has launched attacks recently on Boeing Co. and Industrial Commercial Bank of China Ltd., among others, has revised the way it tries to blackmail victims because it’s disappointed with lower-than-expected ransom payments, according to …
The FBI warned organizations to guard against the Scattered Spider hacking group, which has breached dozens of American organizations over the past year, stealing their sensitive data for extortion. The FBI alert follows a Reuters report this week that said …
Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s management were on a plane. Officials from the world’s largest lender arrived in the US over the weekend in a hastily arranged …
The notorious hacking gang Lockbit has posted what it described as documents belonging to Boeing Co. on its website, two weeks after claiming credit for a cyberattack against the aircraft manufacturer. LockBit recently posted the documents on the dark web …
Boeing, one of the world’s largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a law enforcement probe into it. Boeing acknowledged the …
Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers’ funding mechanism, a senior White House official said on Tuesday. The International Counter Ransomware Initiative comes …
Boeing Co said on Oct. 27 that it was assessing a claim made by the Lockbit cybercrime gang that it had “a tremendous amount” of sensitive data stolen from the aerospace giant that it would dump online if Boeing didn’t …
Ransomware attacks are up 95.41% globally in 2023 year over year, a trend showing no signs of slowing. The number of ransomware victims to date in 2023 (3,311) has already surpassed totals for the entirety of 2021 (3,048) or 2022 …
Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom demands, according to a new report by cyber insurer …
