ransomware

Biden calls for an international crackdown on ransomware

Biden calls for an international crackdown on ransomware

The Biden administration has announced that it is calling a meeting that will include representatives from 30 different nations in an attempt to drum up support for a global crackdown on ransomware. Ransomware is a type of cyber attack where data and files on a computer or server system are stolen and encrypted. If the victim doesn't pay a ransom, the data is deleted or leaked to the public.

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Free decryption tool to remove REvil ransomware is available

Free decryption tool to remove REvil ransomware is available

One of the worst types of malicious software that computer users worldwide are plagued with is ransomware. This type of malware encrypts the contents of the user's computer in an attempt to force the PC owner to pay a ransom to decrypt their hard drive. Anyone impacted by the REvil ransomware can decrypt their machine for free with a master decryptor program.

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Microsoft warns users to beware of a new ransomware trick

Microsoft warns users to beware of a new ransomware trick

In recent months multiple high-profile large companies in the US have fallen victim to ransomware attacks. In at least two high-profile cases, the company has paid out millions of dollars to the attackers to get their data back. As hackers make more money using ransomware tactics, the incidence of attacks increases. Microsoft is now warning users to beware of phishing emails that attempted to trick them into downloading ransomware software.

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Hackers behind Avaddon ransomware give up decryption keys for free

Hackers behind Avaddon ransomware give up decryption keys for free

Ransomware has plagued many large companies around the United States and the world recently. An attack shut down a pipeline in the US not long ago, leading to fuel shortages in some areas and the company that owns the pipeline paying millions to decrypt their files. Another high-profile ransomware attack saw a US-based food company pay millions to hackers to decrypt their systems and prevent files from being leaked. While ransomware attacks are highly effective and can be big moneymakers for attackers, the group behind Avaddon is shutting down and has released the decryption keys for all of their victims.

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Another American company has shelled out millions to ransomware hackers

Another American company has shelled out millions to ransomware hackers

JBS USA confirmed this week that it paid the equivalent of $11 million in ransom in response to what it calls a "criminal hack" against its operations. When it paid out the massive ransom, the company says the majority of its facilities were operational. JBS says that it consulted with internal IT professionals and third-party cybersecurity experts and chose to pay the ransom to mitigate any unforeseen issues related to the attack and ensure none of its data was exfiltrated.

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Justice Department recovers 63 bitcoins paid in Colonial Pipeline ransom

Justice Department recovers 63 bitcoins paid in Colonial Pipeline ransom

The US Department of Justice has announced that it recovered more than 63 bitcoins that Colonial Pipeline had paid as part of a ransomware attack. The bitcoins are currently worth around $2.3 million, though they don't represent the full sum the pipeline company paid to the hackers behind the cyberattack.

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DOJ to give ransomware attack investigations priority similar to terrorism

DOJ to give ransomware attack investigations priority similar to terrorism

Companies and individual users all around the world are facing an increasing threat posed by ransomware. Ransomware is software installed on computers that typically encrypts disk contents that can only be recovered if the user pays the group or individual who installed it a ransom to remove it. One of the most recent high-profile ransomware attacks happened against the Colonial Pipeline, significantly disrupting fuel supplies around the United States.

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