To fight ransomware attacks, appreciate the economics — the markets that enable ransomware — and change the market dynamics.
Olympus said in a brief statement that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detec
Washington, D.C’s Howard University has canceled classes after becoming the latest educational institution to be hit by a ransomware attack. The incident was discovered on September 3, just weeks af
Ragnarok, a ransomware gang operational since 2019 that gained notoriety after launching attacks against unpatched Citrix ADC servers, has shut down and released a free decryption key for its victims.
With the growing volume of ransomware and supply chain security attacks, there is a need for organizations to more rapidly detect threats. It’s that opportunity that startup Hunters is looking t
Ransomware is rarely out of the headlines. Just last week, IT consulting giant Accenture was hit by the LockBit ransomware gang, days after Taiwan-based laptop maker Gigabyte also fell victim to an ap
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Our beloved Danny was back, joining Natasha and Alex and Grace a
Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Se
Advanced Technology Ventures, a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management, was hit by a ransomware attack in July that saw cybercriminals steal per
DNSFilter, an artificial intelligence startup that provides DNS protection to enterprises, has secured $30 million in Series A funding from Insight Partners. DNSFilter, as its name suggests, offers D
Microsoft has confirmed it’s buying RiskIQ, a San Francisco-based cybersecurity company that provides threat intelligence and cloud-based software as a service for organizations. Terms of the de
Ransomware attacks, fueled by COVID-19 pandemic turbulence, have become a major money earner for cybercriminals, with the number of attacks rising in 2020. These file-encrypting attacks have continued
On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools and a national railway system were all hit by the file-encrypting malw
The notorious Clop ransomware operation appears to be back in business, just days after Ukrainian police arrested six alleged members of the gang. Last week, a law enforcement operation conducted by t
Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea and the United States. T
On Monday afternoon, the U.S. Justice Department said it has seized much of the cryptocurrency ransom that U.S. pipeline operator Colonial Pipeline paid last month to a Russian hacking collective call
Japanese multinational conglomerate Fujifilm has been forced to shut down parts of its global network after falling victim to a suspected ransomware attack. The company, which is best known for its di
The GasBuddy mobile app, which typically helps consumers find the cheapest gas nearby, has now become the No. 1 app on the U.S. App Store for the first time ever, due to the fuel shortages in the U.S.
A court in Houston has authorized an FBI operation to “copy and remove” backdoors from hundreds of Microsoft Exchange email servers in the United States, months after hackers used four pre
Researchers say a botnet targeting Windows devices is rapidly growing in size, thanks to a new infection technique that allows the malware to spread from computer to computer. The Purple Fox malware w