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The NotPetya ransomware, which encrypts the entire hard drive of a Windows PC, is one of the deadliest cyberattacks to date.
Hackers using tactics and tools previously associated with Chinese government-supported computer network intrusions have joined the booming cybercrime industry of ransomware.
Globally, losses from ransomware rose by 60% last year to US$8bil (RM32bil), according to data compiled by the Internet Society's Online Trust Alliance.
A recent outbreak of ransomware attacks, from the WannaCry worm in May to the June 27 infection of thousands of computer systems around the globe, shows that digital stickups are becoming the go-to hack for cybercriminals.
Adobe Systems Inc issued an emergency update on April 7 to its widely used Flash software for Internet browsers after researchers discovered a security flaw that was being exploited to deliver ransomware to Windows PCs.
Dutch police, Europol and a coalition of cyber security firms launched a new website to fight a surge in “ransomware” which locks users’ data until they pay criminals to retrieve it.
When hackers set out to extort the town of Tewksbury, Massachusetts with ransomware, they followed up with an FAQ explaining the attack and easy instructions for online payment.