Alexander Martin reports: Insurance companies must stop issuing policies that incentivize making extortion payments in ransomware attacks, a senior White House official said on Friday. The call for the practice to end, which was made without any indication the White House was formally proposing to ban the practice, follows the fourth annual International Counter Ransomware…
Category: Commentaries and Analyses
Hezbollah data breach leads the list of the biggest cybersecurity events of the year
Dr. Tim Sandle reports: Hezbollah data breach in Lebanon is the latest major data breach recorded, causing thousands of injuries and nine fatalities. New research has identified the most recent and biggest data breaches involving government or public entities, analysing the year of the breach, the number of people affected, the number of articles written, and how the breach…
Crooked Cops, Stolen Laptops & the Ghost of UGNazi – Krebs
Here are some monikers that old-timers may remember even though it’s been a few years since this site has reported on them: UGNazi, JoshTheGod, and CosmoTheGod. Read Brian Kreb’s report, Crooked Cops, Stolen Laptops & the Ghost of UGNazi, to find out more about what has happened over the past years and allegations that some…
Did LockBit really delete your data if you paid them? Nope, and even the affiliates didn’t know that?!
No matter how many times law enforcement tried to caution people not to believe promises by criminals that they would delete stolen data if only you paid them, some victims still paid or will pay. Today, the NCA drove their point home more forcefully: As you know, we were able to fully compromise LockBit’s platform…
White House Pledges Major Deliverables at Ransomware Summit
Chris Riotta reports: The White House is launching a weeklong series of events focused on tackling global ransomware attacks, with a top federal cyber official promising “significant, major new deliverables” to address the rising threats. The International Counter Ransomware Initiative kicked off its fourth annual summit Monday in Washington, bringing together representatives from 68 member…
Will victims increasingly turn to courts to suppress publication of stolen data? (1)
What do you do when you have suffered an embarrassing data breach, your attacker(s) are taunting and criticizing you publicly, and some of your data has already been leaked? This month, DataBreaches notes that two victims in different countries are both seeking court injunctions in the hope that they can get stolen data removed from…