Tag: Ransomware Attacks

COVID closed in-person classrooms and also gave a boost to cyberthreats to school district networks. As data security breaches--including ransomware attacks, phishing, and unauthorized disclosures--show no sign of slowing, K-12 IT leaders need to be ready.

On March 7, 2022, the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury published guidance (Guidance) for US financial institutions warning about: (1) efforts of foreign actors to evade expanding US economic sanctions and trade restrictions related to the Russian Federation and Belarus and (2) increased risk of malicious cyber-attacks and related... Continue Reading

As many as 722 ransomware attacks were observed during the fourth quarter of 2021, with LockBit 2.0, Conti, PYSA, Hive, and Grief emerging as the most prevalent strains, according to new research published by Intel 471. The attacks mark an increase of 110 and 129 attacks from the third and second quarters of 2021, respectively. In all, 34 different ransomware variants were detected during the

Just about a year after raising its Series A, Pleasanton, California-based Cowbell Cyber closed a $100 million Series B as cyberattacks continue to dominate news headlines.

The US Authorities seized $28M in crypto in a NetWalker Ransomware and one Canadian has even been extradited in the US in connection with the ransomware scheme so let’s read more about it in today’s latest cryptocurrency news. The US authorities seized $28 million worth of crypto was seized in connection with the former Canadian […]

Key Takeaways:

• The Biden administration announces ban on import of Russian energy commodities and prohibition on new investment in the Russian energy sector
• New General License provides wind-down period until April 22, 2022 for certain energy imports from Russia pursuant to agreements entered into before March 8, 2022
• EU and UK expand their sanctions programs against Russia and Belarus, including additional sanctions on oligarchs
• FinCEN issued an alert to all financial institutions to be vigilant against efforts to evade the expansive sanctions and other restrictions imposed in connection with the invasion of Ukraine

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The post Russia and Belarus Sanctions Update – March 11, 2022 first appeared on IPO, Then What?.

A former Canadian government employee has been extradited to the United States to face charges related to dozens of NetWalker ransomware attacks.

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The US Department of Justice announced on Thursday that a Canadian man was extradited to the United States to face charges for dozens of ransomware attacks, resulting in the payment of tens of mill...

A Canadian man was extradited to the US on Wednesday after being accused of conducting ransomware attacks in 2020. 

The post Alleged ransomware attacker extradited to the US, $28.2 million in bitcoin seized appeared first on The Block.

Sebastien Vachon-Desjardins of Gatineau, Quebec, Canada, allegedly responsible for some $28 million in ransomware losses from victims in the US.

As you may recall, in July 2021, Kaseya was hit by the REvil ransomware attack. The hackers involved in the ransomware attack later demanded $70 million to restore the data they are holding for ransom from victims spread across at least 17 […]

The post Ukrainian hacker Yaroslav Vasinskyi charged with ransomware attacks in the US has been extradited to the U.S., could face 115 years in prison, DOJ says appeared first on Tech News | Startups News.

The U.S. government has reissued an alert warning organizations about Conti ransomware attacks as the cybercrime group deals with the recent leaks.

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