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FedEx estimates ransomware attack cost $300 million

FedEx acquired Dutch shipper TNT Express last year for $4.8 billion, well before the NotPetya ransomware ran wild on TNT's systems June 27th, disrupting much of its shipping operation. Like the earlier..
engadget Also reported by •TUAW

Nexsan to Showcase at IP Expo Europe

Showing Next Generation All-Flash Unity™ Systems Campbell, Calif., and London, U.K. (PRWEB UK) 21 September 2017 Nexsan™, a global leader in redefining unified storage, today announced it..

Videos for ransomware

News video: EU gets tough on cyber security

EU gets tough on cyber security 01:33

The European Commission says it wants to bring in new measures to beef up protection against those trying to steal data, commit fraud or even destabilise governments. Last year, there were four..
Source: Euronews English -

News video: Alt-Right Just Became A Real Word

Alt-Right Just Became A Real Word 00:28

On Monday Merriam-Webster added more than 250 new words to its online dictionary. "Alt-right," "froyo," and "ransomware" all made the cut. From politics and business to technology and sports, the..
Source: Wochit Headline News -

News video: Fake Ransomware Attacks Worry Computer Owners

Fake Ransomware Attacks Worry Computer Owners 00:39

Technology experts are warning people about fake ransomware.
Source: CBS 4 Denver -

News video: Kryptos Logic CEO Says Equifax Breach Is a Huge Attack

Kryptos Logic CEO Says Equifax Breach Is a Huge Attack 02:54

Sep.11 -- Salim Neino, Kryptos Logic chief executive officer, discusses cyber attacks with Bloomberg's Emily Chang on "Bloomberg Technology."
Source: Bloomberg Global Business -

News video: Fake ransomware attacks hurt consumers

Fake ransomware attacks hurt consumers 01:12

Some scam artists are taking advantage of people with pop-up message attacks designed to like ransomware. Julie Watts reports on the disturbing trend
Source: CBS News -


Businesses Paid $301M to Ransomware Hackers Last Year, New Datto Study Finds

businesses paid $301m to ransomware hackers last year, new datto study finds
NORWALK, Conn.--(BUSINESS WIRE)--Datto, Inc. revealed the results of its second annual global State of the Channel Ransomware Report. As the largest survey of its kind, the report provides unique..
Business Wire

The EU Wants to Beef Up Penalties for Cryptocurrency Crimes

The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.

reevert Backup and Recovery Solution Offers Hardware Appliances

reevert Backup and Recovery Solution adds hardware appliances to their existing line of virtual appliance products. Glendale, CA (PRWEB) September 21, 2017 reevert Backup and Recovery Solution..

Industry standards introduced for cyber professionals as Australia braces for ransomware attack

IT workers who specialise in cybersecurity will soon have the option of certifying themselves under an industry standard, a leading industry group has announced.

UK cybersecurity expert pleads not guilty

British cybersecurity expert Marcus Hutchins, the WannaCry ransomware hero, has pleaded not guilty to computer fraud charges in a US court.

Australia: Australia Affected By Global Ransomware Attacks - K&L Gates

Despite Australia seemingly avoiding the brunt of the attacks by the WannaCry ransomware crippling computer systems around the world last month, a few Australian organisations have not emerged..

Man charged after setting up bogus companies for overseas ransomware scam

A 75-year-old Mackay man allegedly transferred more than a million dollars overseas during the past seven years as part of the scam.
Brisbane Times Also reported by •Sydney Morning HeraldThe Age

Australia: Ransomware attacks only make Petya WannaCry if you dont act on cyber security - Clayton Utz

Another month, another ransomware attack.

Australia: First WannaCry and now Petya - Just another day in the office (unless you have been impacted by ransomware) - Norton Rose Fulbright Australia

Organisations should consider cyber-insurance, as cyber risk impacts all organisations irrespective of the industry.

Australian military launches unit to defend against cyber attacks

Australia's cyber intelligence agency will be given the power to launch offensive operations to shut down foreign criminal networks including those responsible for recent global ransomware attacks.

Mystery of motive for a ransomware attack: money, mayhem or a message?

Increasingly sophisticated ransomware assaults now have cybersecurity experts questioning what the attackers are truly after. Is it money? Mayhem? Delivering a political message?
Brisbane Times Also reported by •Sydney Morning HeraldThe Age

Ransomware: how it spreads and what to do

A guide to how ransomware holds your data to ransom and what to do if your computer is attacked.

Canberra at risk of new global ransomware cyber attack

"The moral of the story coming out of this is many organisations never patched for WannaCry."
Brisbane Times Also reported by •Sydney Morning HeraldThe Age

Petya cyberattack: what we know about the latest global ransomware strike

Security experts are warning that a quick-spreading new ransomware attack may have more tricks up its sleeve than the previous WannaCry software that crippled thousands of computers worldwide last..
Brisbane Times Also reported by •Sydney Morning Herald

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