article thumbnail

Government Sanctions: No Ransomware Please, We're British

Data Breach Today

UK Toughens Anti-Cybercrime Stance by Sanctioning Accused Operators for First Time As ransomware continues to disrupt British organizations, the U.K. Ransomware victims must conduct due diligence before paying any ransom, as violating sanctions carries severe penalties.

article thumbnail

Ransomware: Should Governments Hack Cybercrime Cartels?

Data Breach Today

Banning Ransom Payments and Unleashing Offensive Hacking Teams Being Mooted With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Record-Breaking Ransomware Profits Surpassed $1B in 2023

Data Breach Today

Ongoing Innovation and Sophistication Drive Unparalleled Profits Attackers wielding ransomware collectively earned over $1 billion last year - breaking previous records.

article thumbnail

Government Software Supplier Hit By Ransomware

Data Breach Today

Tyler Technologies Urges Agencies to Reset Passwords After 'Suspicious Logins' Following a ransomware attack last week that affected its corporate network and phone systems, Tyler Technologies, a supplier of software and services to local, state and federal government agencies, is urging its customers to reset their passwords after reports of "suspicious (..)

article thumbnail

UK Downplays Ransomware Threat at Its Peril, Says Committee

Data Breach Today

parliamentary committee investigating ransomware threats recommended a more aggressive stance against threat actors and said the government should consider making incident reporting mandatory and provide government support for public sector victims "to the point of full recovery."

article thumbnail

Australian Law Firm Hack Affected 65 Government Agencies

Data Breach Today

Australian Federal Police, Department of Home Affairs Reportedly Among the Victims An April ransomware attack against one of Australia's largest law firms swept up the data of 65 Australian government agencies, the country's national cybersecurity coordinator said Monday.

article thumbnail

Ransomware-Wielding Attackers Target Unfixed WS_FTP Servers

Data Breach Today

Researcher Published Proof-of-Concept Exploit Code 1 Day After Vendor Issued Patch Ransomware-wielding attackers are targeting unpatched versions of FTP software that is widely used by large enterprises, including government and educational organizations.