Michigan State University Hacked

Ransomware Attack Has A Deadline Michigan State University is counting down a clock, but not for a buzzer to signal another athletic victory. Today the gang responsible for Netwalker ransomware announced they’ve given MSU administrators a week. MSU was hacked. The administration can pay the undisclosed ransom or risk having sensitive data released. Michigan State, […]

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Hackers, Branded As Terrorists, Release Trump Emails

The FBI Refuses A group of hackers known as REvil or Sodinokibi have released their first round of emails they claim are “damaging” to Trump’s reelection campaign, as reported by Forbes. The group successfully stole information from a New York lawfirm and are now claiming they have “dirty laundry” on Trump. After publishing documents on […]

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Magellan Health Attack Due To Phishing

Posing As A Customer To Hack The System Magellan Health, based in Arizona, reported an infiltration of their systems they discovered on April 11th. The hack happened 5 days earlier when a socially engineered phishing attempt impersonated a Magellan client. Magellan is using a third party cybersecurity forensics firm to assist in the investigation. The […]

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Medical Field Continues To Face Attacks During COVID-19 Pandemic

The Evolution of Ransomware Ransomware began as a way to extort money from people. Therefore, by encrypting files, the criminals could demand whatever price they wanted. In response, we evolved our security plans. We now include back-ups and reboot options. This left many attackers in a tough spot. They no longer had the leverage to […]

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Los Altos Union High School Attacked By Ransomware

Safety procedures in place by the district mitigated losses Another school has been attacked with ransomware. Lost Altos Union HS discovered the hit when an employee tried logging into email at 5:30am the morning of January 29th. From there, the full scope of the breach was discovered. Los Altos had some good safety procedures in […]

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Top 5 Most Expensive Ransomware Attacks of 2019

Ransomware a growing Global epidemic 2019 saw a dramatic increase in global ransomware attacks. Attackers have found their way into governments, schools, and businesses across the world. As their methods continue to become more sophisticated and ironclad, their ransom demands continue to increase. Let’s take a look at the 5 most expensive ransomware attacks of […]

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Ransomware Costs 300 Jobs

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The Heritage Company forced to close days before Christmas In October, The Heritage Company telemarketing company in Sherwood, Arkansas was hit with a ransomware attack that devastated their network. In a letter to employees, CEO Sandra Franecke explains how systems were down across the company. Even after paying the ransom, Franecke explains that the IT […]

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Ransomware is Lucrative and Low Risk

Small businesses suffer most Recently I’ve been seeing a lot of articles popping up about how lucrative the ransomware industry is becoming. It seems like every day there’s a news story about another organization locked down by a ransomware attack. It happens to schools, government agencies, and especially small business. Small business in America is […]

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Mexico’s Pemex Oil Struck with Ransomware

Hackers Ask for $5 Million in Bitcoin Mexico’s Pemex oil has been struggling to keep it’s credit rating from dropping while it battles declining oil production and paying down heavy debts. In the midst of this turmoil, it was struck this week with a ransomware attack. The hackers gave a “discount period” to the company, […]

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Over Half of Company Execs Are Paying Hacker’s Ransom Demands

A Majority of Executives are Paying Hackers According to Bitcoinist, a new study has been conducted regarding ransomware attacks and the tendency of those hackers of getting paid.  Merrill Research surveyed 232 executives worldwide, and 69% said their company faced a ransom attack in the past year.  This is a significant jump, considering only 14% of […]

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Fake Crytpo-Currency, Ransomware & Malware in One Attack

New “Get Rich Quick” Scheme Leads to Ransomware A new scam is luring people into downloading ransomware.  The scheme is targeting crypto-wallet users, and could also be spreading through phishing attacks.  The scam is encouraging users to download a new form of crypto-currency that is bound to make them buku bucks.  The fake crypto-currency, SpriteCoin, […]

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Ransomware Damage Costs Projected at $11.5B in 2019

Ransomware Damages Projected to Skyrocket With 2017 coming to an end, the final ransomware damages are being released.  This year alone, ransomware damages are projected to total $5 billion.  This includes not only the ransom demands paid, but also the company downtime, remediation efforts, loss in productivity, investigation costs and reputation damages.  One would almost […]

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Greenway Health Struggles to Recover After Ransomware Hit

Ransomware, the malicious software that locks files until a payment demand is made, has recently hit Greenway Health, located in Carrollton, Georgia.  Greenway Health is an electronic health records vendor.  Total, they serve over 75,000 different healthcare facilities. The ransomware strike occurred last week; however, some of the Greenway Health users are still unable to […]

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