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Tag: Ransomware


Cybersecurity promoted as part of Canadian Indo-Pacific strategy

Cybersecurity

Cybersecurity promoted as part of Canadian Indo-Pacific strategy

November 28, 2022Ken Showers, Managing Editor

OTTAWA – On Nov. 27, Canada produced its anticipated Indo-Pacific strategy which outlines among other commitments a strong interest in boosting cybersecurity for the region. In a press release issued by the Canadian Global Affairs office they described Canada as a pacific nation, and state that the Indo-Pacific region will play a role in Canada's future. The document outlines Canada's roadmap in the area over the course of the next decade beginning with an investment of $2.3...

Association of Southeast Asian Nations (ASEAN), Cybersecurity, Indo-Pacific, infrastructure, Justin Trudeau, Mélanie Joly, Ransomware


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Also Noted

International cybersecurity experts debut ransomware prevention guide

November 15, 2022SSN Staff

MISSOULA, Mont. – LMG Security announced today the debut of a new book, Ransomware and Cyber Extortion: Response and Prevention, to help prepare organizations against a growing problem.  The book is written by LMG cybersecurity experts Sherri Davidoff, founder and CEO, Matt Durrin, director of training and research, and Karen Sprenger, COO and chief ransomware negotiator. Ransomware and other forms of cyber extortion have reached such a volume that many businesses and organizations...

CISO, Cybersecurity, Karen Sprenger, LMG Security, Matt Durrin, Ransomware, Sherri Davidoff


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Canadian hacker sentenced in NetWalker ransomware attacks

Cybersecurity

Canadian hacker sentenced in NetWalker ransomware attacks

October 6, 2022Ken Showers, Managing Editor

TAMPA – A Canadian man from Quebec involved in the NetWalker ransomware attacks was charged for his crimes in a federal court in Florida this week. Thirty-five-year-old Sebastian Vachon-Desjardins was implicated in the attacks perpetrated by the Russian cyber gang early last year. The NetWalker attacks targeted dozens of victims across the globe and by August in 2020 had raked in at least $25 million from ransoms. Vachon-Desjardins was captured in January 2021 during an operation where police...

bitcoin, Kenneth A. Polite Jr., National Cybercrime Coordination Unit, NetWalker, Ransomware, Roger B. Handberg, Royal Canadian Mounted Police, Sebastian Vachon-Desjardins, U.S. Department of Justice (DOJ)


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Defendify offers new Cybersecurity Service Warranty program

Cybersecurity

Defendify offers new Cybersecurity Service Warranty program

October 4, 2022SSN Staff

PORTLAND, Maine – All-in-one cybersecurity solution Defendify has a new offering for organizations of all sizes, the Defendify Cybersecurity Service Warranty. This financial assistance program has been designed to increase peace of mind and mitigate financial damages, Defendify said. This new program is included in the Defendify All-In-One Cybersecurity package which consists of 13 different modules to protect users from ever-evolving cyber threats. “With cybersecurity...

Cybersecurity, Cybersecurity Service Warranty, data breach, Defendify, IBM, Ransomware, Rob Simopoulos


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EU Cyber Resilience Act introduces new cybersecurity rules

Cybersecurity

EU Cyber Resilience Act introduces new cybersecurity rules

September 15, 2022Ken Showers, Managing Editor

BRUSSELS – The European Commission have released the draft of their sweeping new cybersecurity legislation for consideration by the European Parliament and Council. On September 15 presented the proposal for the Cyber Resilience Act which aims to protect customers and businesses from products with inadequate security features. Originally announced in 2021 during President Ursula von der Leyen’s State of the European Union Address is considered the first of its kind, introducing a broad...

Cyber Resilience Act, Cybersecurity, European Union, Margarethe Vestager, Ransomware, Thierry Breton, Ursula van der Leyen


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Monitoring Matters

Paying the Price for Security

August 18, 2021Cory Harris, Editor

And the ransomware attacks just keep on coming. Add Fortune 500 company Accenture to the ongoing list of major companies that have been victimized and compromised in recent months as the Dublin, Ireland-based global cyber consulting firm was breached last week by a cyber threat using a strain of ransomware known as LockBit. Reports indicate that the hackers, known as LockBit 2.0, demanded $50 million in exchange for the more than 6TB of Accenture’s data they stole. A threatening message...

Cybersecurity, Ransomware


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DOJ seizes $2.3 million in cryptocurrency paid by Colonial Pipeline to hackers

Cybersecurity

DOJ seizes $2.3 million in cryptocurrency paid by Colonial Pipeline to hackers

June 8, 2021SSN Staff

WASHINGTON—The Department of Justice (DOJ) announced on June 7, 2021, that it seized 63.7 bitcoins currently valued at approximately $2.3 million, allegedly representing the proceeds of a May 8 ransom payment made by Colonial Pipeline to cybercriminal group DarkSide. The DOJ’s announcement of the seizure of funds came just one month after Colonial Pipeline suffered a devastating ransomware attack on May 6 at the hands of DarkSide in what was arguably the largest cyberattack against...

Colonial Pipeline, Cybercrime, Department of Justice, Ransomware


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Monitoring Matters

Zoom “zooms” up its lax security

July 1, 2020Ginger Hill

COVID has taken the physical world virtual. As stay-at-home orders abounded, and quite frankly, should still be observed, along with wearing masks, social distancing and washing of hands, colleagues, family, friends, clubs and other groups hit the virtual world to do business, stay connected and attempt to have some sort of calmness amid pure chaos. At the same time, threat actors and cybercriminals were at the ready, armed with a playbook of schemes to run interference.  The platform of...

COVID, COVID-19, cyber security, Cybercrime, Cybersecurity, online events, phishing, Ransomware, Zoom


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Monitoring Matters

Weak passwords and ransomware infections go hand-in-hand

January 22, 2020Ginger Hill

Did you know — the first ransomware attack happened in 1989 by Joseph L. Popp, a Harvard-trained evolutionary biologist? As history tells us, Popp created the AIDS Trojan, known as the PC Cyborg, and sent 22,000 infected diskettes, labeled “AIDS Information - Introductory Diskettes,” to an international AIDS conference. Unsuspiciously, the diskette did educate the user, but it also infected the user's computer. After approximately 90 reboots, the virus would encrypt files...

Cybercrime, Cybersecurity, passphrase, Ransomware, secure passwords


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On The Editor's Desk

The state of ransomware ...

January 8, 2020Paul Ragusa

The recent cyberattack on the city of New Orleans is another sobering example of how vulnerable we are as a nation to cyber criminals. Even for cities like New Orleans, which was prepared for such an attack, there is an incredible amount of time and effort and cost that goes into getting a city back up on its feet after such an incident. Following the New Orleans attack, a report on the State of Ransomware in the U.S., created by cybersecurity research firm Emsisoft, was rushed to be released ahead...

Cybersecurity, data breach, Emsisoft, Fabian Wosar, Ransomware


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