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Russia In The Spotlight As Second Wave Of Ransomware Grips Globe
Wednesday, June 28, 2017 - 3:39pm | 876Experts said it wouldn't take long for a brand-new cyberattack to cripple computers around the world. They were right. Just weeks after a ransomware virus called “WannaCry” hit the world, a new wave of cyberattacks hit roughly 150 countries Tuesday, with the heaviest concentrations...
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FedEx Subsidiary TNT Express Hit By Second System Virus In 2 Months
Wednesday, June 28, 2017 - 12:57pm | 242FedEx Corporation (NYSE: FDX) stock was briefly halted Wednesday before announcing that the global operations of subsidiary TNT Express were “significantly affected” by an information system virus. “TNT Express domestic country and regional network services are largely operational...
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European Banks Driving Bitcoin Boom As Brace Against Future Ransomware Attacks
Wednesday, June 7, 2017 - 2:41pm | 451European banks are stockpiling bitcoin as a hedge against ransomware attack, driving the virtual currency up 200 percent this year, The Street’s Jim Cramer said, quoting a panel talk with the CEO of Citrix Systems, Inc. (NASDAQ: CTXS). “Bitcoin is what the bad guys demand you pay if you...
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The Blame Game: The Definitive Guide To Who's At Fault For The Ransomware Cyberattack
Monday, May 22, 2017 - 2:30pm | 1723A luxury hotel in Austria pays ransom — for the fourth time — when hackers keep the keycards of guests out of their ritzy rooms. The San Francisco transit system resists the urge to buy its way out of a hack that kidnaps its light-rail system, leaving strap-hangers unhinged. A premier...
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PureFunds Talks WannaCry Fallout, Cybersecurity Stocks
Thursday, May 18, 2017 - 9:22am | 704When WannaCry overwhelmed more than 200,000 computers in 150 countries last Friday, global businesses stalled. Companies from PetroChina Company Limited (ADR) (NYSE: PTR) and FedEx Corporation (NYSE: FDX) to Nissan Motor Co Ltd (ADR) (OTC: NSANY) and Telefonica S.A. (ADR) (NYSE: TEF) suffered...
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The Worst ISPs For Spam And Phishing
Wednesday, May 17, 2017 - 12:33pm | 378The WannaCry virus that hit over the weekend reportedly infected more than 230,000 devices in over 150 countries. Concern over the virus has cybersecurity stocks and the PureFunds ISE Cyber Security ETF (NYSE: HACK) surging this week while Americans try to do whatever they can to protect themselves...
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Check Point Software Preps Customers For 'WannaCry' Follow-Up Attacks
Tuesday, May 16, 2017 - 12:07pm | 485With global firms still reeling from last weekend’s WannaCry ransomware attack, cybersecurity firms are simultaneously riding the fear and bracing for an inevitable next wave of attacks. “Now that malware authors have seen the success of utilizing ETERNALBLUE, I'm sure they will be...
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New Disney Film May Be In The Hands Of WannaCry Hackers
Tuesday, May 16, 2017 - 8:41am | 338The group of hackers behind the WannaCry ransomware could have scored a huge payday. According to a Hollywood Reporter report, Walt Disney Co (NYSE: DIS)'s CEO Bob Iger confirmed that hackers are claiming they stole an un-named, soon-to-be-released Disney studio film. Pirated Pirates? Or Chasing...
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Proofpoint Keeps Chugging After Ransomware Attacks
Monday, May 15, 2017 - 3:21pm | 905This weekend's ransomware attack took down computer systems and compromised data worldwide, but Monday was business as usual for cybersecurity firm Proofpoint Inc (NASDAQ: PFPT). Rather than prompt product adjustments, the WannaCry hack merely highlighted “just how important it is to show...
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What Is Ransomware, What Are 'Worms' And How Do You Stop Them?
Monday, May 15, 2017 - 12:43pm | 499Over the weekend, the WannaCry virus infected 200,000 devices in 150 different countries, locking users out of access to their devices and files. While many Americans are genuinely concerned about cybersecurity, few fully understand exactly how viruses like WannaCry work and how they may be at risk...