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3 Cybersecurity ETFs in Focus Amid Reports of US Cyber Operations Suspension
Wednesday, March 5, 2025 - 11:53am | 1107Cybersecurity-focused ETFs are back in the spotlight following a report by The Record that U.S. Defense Secretary Pete Hegseth ordered a halt to offensive cyber and information operations against Russia. The Pentagon denied these claims. Still, the news has reignited interest in cybersecurity...
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Microsoft Adds Paragon Partition Manager Driver To Blocklist As Ransomware Hackers Exploit Windows-Signed Driver For Attacks
Tuesday, March 4, 2025 - 8:36am | 499Ransomware operators have found a way to exploit a Microsoft Windows-signed driver from Paragon Partition Manager, posing a threat to system security. What Happened: The Paragon Partition Manager uses a Microsoft Corp. (NASDAQ:MSFT) approved, digitally signed driver, BioNTdrv.sys, for storage...
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Starbucks' Employee Systems Down After Software Provider Suffers Ransomware Attack
Tuesday, November 26, 2024 - 12:28pm | 516Starbucks Corp. (NASDAQ:SBUX) locations are reportedly calculating employee pay and hours worked by hand after a ransomware attack on a third-party software provider disrupted how the coffee shop's employees view and manage their schedules and how the company tracks labor hours. The Details: U.K-...
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'Catastrophic Damage' From Cybersecurity Attacks Worries 62% Of Business Owners: Zscaler, CrowdStrike Stocks React
Tuesday, September 24, 2024 - 4:07pm | 514According to a recent survey, cybersecurity threats are business owners’ top concern. Almost two-thirds—62%—say they worry some or a great deal about cyber risks, according to The Travelers Companies’ 2024 Travelers Risk Index, released on Tuesday. "The findings speak to the business...
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Bitcoin Demanding Cybercriminals Hit Over 100 Romanian Hospitals With 'Backmydata' Ransomware Causing Significant Disruptions
Wednesday, February 14, 2024 - 12:16am | 442Over 100 hospitals in Romania have been attacked by ransomware, pushing their systems offline. The perpetrators of this cybercrime are demanding a Bitcoin (CRYTPO: BTC) ransom equating to $174,000. What Happened: The ransomware gang targeted the IT infrastructure of these hospitals, encrypting...
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Sony Allegedly Hacked By New Ransomware Group, Company Is 'Currently Investigating'
Tuesday, September 26, 2023 - 1:49pm | 380A new ransomware group known as Ransomed.vc claimed to have hacked all of Sony Group Corp's (NYSE: SONY) systems. This group, which has only been active since September, was said to have accessed around 6,000 files from Sony, as reported by Cyber Security Connect. See Also: Riot Games...
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'Crypto King' Kidnapped And Tortured Over $3M Ransom Demand: Report
Monday, March 27, 2023 - 7:08am | 350A self-professed "Crypto King" was reportedly kidnapped and subject to days of torture and assault, with attackers demanding a multi-million-dollar ransom. What Happened: Aiden Pleterski, a 23-year-old based out of Ontario, Canada, was kidnapped from Toronto in December and...
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FBI Infiltrates Network Of Ransomware Gang 'Hive' And Thwarts $130M Extortion Scheme
Friday, January 27, 2023 - 7:47am | 332The Federal Bureau of Investigation, or FBI, secretly hacked a prolific ransomware gang called Hive to stop them from extorting more than $130 million. What Happened: An international operation involving authorities from 13 countries, including the U.S., Europe, Germany and the Netherlands,...
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Sorry Charlie (Munger)! Bitcoin Could Be Less Important For Cybercrime And Kidnappers Soon
Wednesday, November 23, 2022 - 7:57pm | 703Leading cryptocurrency Bitcoin is known for many things, whether its used to buy a pizza, held on the balance sheet of companies, used as a currency in countries such as El Salvador or as a store of value. One famous use case could be less important in the future and silence critics. What...
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Finnish Hacker Charged With Extorting Psychotherapy Clinic, Used Patients' Medical Records To Seek Ransom
Friday, November 4, 2022 - 10:37am | 370A 25-year-old Finnish national has been charged with extorting a once-renowned but now-bankrupt online psychotherapy company and its patients in 2020. What Happened: In late October, Julius "Zeekill" Kivimaki was arrested in absentia for attempting to extort money from the Vastaamo...
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US Seizes $500K In Crypto And Ransomware Payments From North Korean Hackers
Thursday, July 21, 2022 - 10:15am | 121Deputy Attorney General Lisa Monaco stated that the U.S. seized some $500,000 worth of crypto and ransomware payments from North Korean hackers. The funds have already started being returned to the victims. This seizure occurred via the cooperation of the Secret Service, the U.S. Treasury, and the...
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Microsoft Warns Ukrainian Government Computer Systems Infected; Security Official Suspects Russian Intelligence
Sunday, January 16, 2022 - 4:20pm | 397Microsoft says Ukrainian government computer systems are infected with destructive malware disguised as ransomware. The software giant says it is possible more organizations have been infected, and the U.S. government has also been notified. A Ukrainian security official says the malware is...
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Electronics Retail Outlet MediaMarkt Hit by Ransomware Demand For $50M In Bitcoin
Wednesday, November 10, 2021 - 4:25pm | 291A Hive ransomware attack with demands has hit electronics retail giant MediaMarkt with a demand to pay $50 million in Bitcoin (CRYPTO: BTC). According to a Decrypt report, various key services of the company have been compromised, including credit and debit cards at multiple stores....
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Claims Of Ransomware Attacks On Factoring Firm eCapital Shrouded In Mystery
Tuesday, September 7, 2021 - 11:17am | 957Two ransomware gangs have separately claimed they attacked and stole data from freight factoring provider eCapital, raising the question of whether the firm got hacked twice. The answer isn't so clear. An eCapital spokesperson initially said the company had "recently sustained a sophisticated...
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Ransomware Gang Behind Utility, CSX Attacks Feels Heat In Ukraine
Wednesday, June 16, 2021 - 11:55am | 496Ukrainian police have dealt a serious blow to the ransomware gang behind the cyberattacks in the U.S. transportation and logistics sector — including the trailer maker Utility and rail operator CSX (NASDAQ: CSX)— arresting six alleged members of Clop and seizing cash, computers, and cars. The...