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WASHINGTON (Reuters) -The Biden administration on Tuesday unveiled sanctions against a cryptocurrency exchange over its alleged role in enabling illegal payments from ransomware attacks, officials said, part of a broader crackdown on the growing threat.
BlackMatter said it has rules for how it operates its ransomware operation, a sort of ethical playbook for an illegal enterprise.
CHICAGO (Reuters) -Iowa-based farm services provider NEW Cooperative Inc said on Monday its systems were offline to contain a "cybersecurity" incident just as the U.S. farm belt gears up for harvest.
Exabytes, a Penang-based web hosting service, was hit by a ransomware attack over the weekend, though it claims most of its services have since been restored.
The number of cybersecurity incidents continues to rise this year, with top threats being fraud and intrusion. It’s also becoming more common for organisations and companies in Malaysia to fall victim to ransomware attacks in the virtual world.
With cyber attacks on companies becoming more common, even the Malaysian Employers Federation (MEF) has not been spared.
(Reuters) - The Biden administration is preparing to take actions, including sanctions, to make it more difficult for hackers using digital currency to profit from ransomware attacks, the Wall Street Journal reported https://www.wsj.com/articles/u-s-to-target-crypto-ransomware-payments-with-sanctions-11631885336?mod=latest_headlines on Friday.
(Reuters) - Former Amazon.com Inc cloud executive Charlie Bell said he has joined Microsoft Corp to lead a newly formed role overseeing cybersecurity operations.
Hackers breached the United Nations’ computer networks earlier this year and made off with a trove of data that could be used to target agencies within the intergovernmental organisation.
(Reuters) - A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed in the expanding probe will expose them to liability, according to six people familiar with the inquiry.