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City of Dallas has set a budget of $8.5 million to mitigate the May Royal ransomware attack

Security Affairs

The City experts believe that the group specifically targeted a prioritized list of servers using legitimate Microsoft system administrative tools. Early on the morning of Wednesday, May 03, 2023, the group started executing the ransomware on the City of Dallas. The Dallas City Council has approved a budget of $8.5

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£60 million in recovery costs for Norsk Hydro after refusing ransom demand

IT Governance

On 19 March 2019, Norsk Hydro’s systems were infected with the LockerGoga ransomware. TrendMicro’s analysis into the ransomware found that it was the same system administration tool abused by the likes of SOREBRECT and Bad Rabbit. Cyber security experts and governments urge victims to never pay the ransom.

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Georgia Governor Vetoes Broad-Reaching Computer Crime Bill, Highlighting Debate Around Bug Bounty Programs

Data Matters

Specifically, researchers believed that the current version of SB 315 could chill security research—both the purely academic and the “white hats”—ultimately discouraging individuals from identifying vulnerabilities in networks and alerting system administrators of the issues. The incident and Uber’s response prompted the U.S.

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CyberheistNews Vol 13 #19 [Watch Your Back] New Fake Chrome Update Error Attack Targets Your Users

KnowBe4

Users can become desensitized to the potential risks bogus messages concerning IT issues carry with them. The risk obviously is that this killer app will devolve into social engineering at scale. New Jersey appellate division judges rejected the insurers' argument that the 2017 attack, which U.S. must help cover $1.4