US Treasury Tracks $5.2bn of Ransomware Transactions in Six Months

US Treasury Tracks $5.2bn of Ransomware Transactions in Six Months The US Treasury has tracked $5.2bn worth of Bitcoin transactions likely to have been ransomware payments in the first half…

$5.2 billion in BTC transactions tied to top 10 ransomware variants: US Treasury

More than $5 billion in bitcoin transactions has been tied to the top ten ransomware variants, according to a report released by the US Treasury on Friday.  The department’s Financial…

2021 ransomware transactions have already exceed 2020 numbers, Treasury Department says

Written by Tonya Riley Oct 15, 2021 | CYBERSCOOP As of June, financial institutions have already reported 635 suspicious ransomware-related activities to the Financial Crimes Enforcement Network, according to a…

Acer Data Breach Impacts the Company’s Indian Systems

An Acer data breach on the company’s Indian after-sales services has been confirmed by the Taiwan-based multinational hardware and electronics enterprise. Who Is Behind the Acer Data Breach? According to…

Acer Confirms Second Security Breach

Acer Confirms Second Security Breach Another cybersecurity breach has occurred at Taiwanese computer manufacturer Acer. Earlier this year, the company suffered a $50m ransomware extortion attempt after falling prey to the REvil ransomware…

Acer confirms second cyberattack in 2021 after ransomware incident in March

Acer has confirmed a cyberattack on its offices in India this week after hackers with the Desorden Group claimed to have breached servers and stolen 60 GB of files.  The…

Virtual Global Anti-Ransomware Event Takes Place This Week

Over 30 countries are to be participants this week in a global anti-ransomware event that will unfold via virtual meetings. To these kinds of meetings, the White House National Security…

The White House is having a big meeting about fighting ransomware. It didn't invite Russia

The White House has held a meeting with ministers and officials from 30 nations and the European Union to discuss how to combat ransomware and other cyber threats.  The two-day…

Double Extorsion Ransomware: The New Normal

With more and more businesses learning how to avoid paying huge amounts of money to ransomware actors by maintaining up-to-date backups and having disaster recovery plans in place, the number…

Why Businesses Need To Go Lean With Cybersecurity

As hackers get smarter than ever, cybersecurity becomes a key concern for businesses. Attackers have ways to break into even the most secure and sophisticated systems, therefore you cannot ignore…