Tag Archives for " ransomware "

Strategic cyber criminals likely to capitalise on GDPR

As cyber criminals concentrate on targeted, strategic, money-making attacks, they are likely to use GDPR fines as leverage to extort money from organisations, a report warns.

The past 12 months have seen an increase in ransomware, cryptocurrency mining and business email compromise attacks, according to the latest security roundup report by security firm Trend Micro.

Source: Strategic cyber criminals likely to capitalise on GDPR

Recent OCR Newsletter Highlights Growing Cyber Extortion Threat for Healthcare Organizations

The OCR’s January 2018 newsletter details specific types of cyber extortion that healthcare organizations are currently encountering, including ransomware, denial of service attacks, distributed denial of service attacks and theft of protected health information (PHI).

Source: Recent OCR Newsletter Highlights Growing Cyber Extortion Threat for Healthcare Organizations

New Ransomware ‘Bad Rabbit’ Spreading Quickly Through Russia and Ukraine

There’s a potentially massive new ransomware spreading in Eastern Europe. The malware, dubbed Bad Rabbit, has hit three Russian media outlets, including the news agency Interfax, according to Russian security firm Group-IB. Once it infects a computer, Bad Rabbit displays a message in red letters on a black background, an aesthetic used in the massive NotPetya ransomware outbreak.

Source: New Ransomware ‘Bad Rabbit’ Spreading Quickly Through Russia and Ukraine – Motherboard

FTC to Provide Additional Insights on Reasonable Data Security Practices

As part of its ongoing efforts to help businesses ensure they are taking reasonable steps to protect and secure consumer data, the Federal Trade Commission is publishing a series of blog posts using hypothetical examples based on lessons from closed investigations, FTC law enforcement actions, and questions from businesses.

Source: Stick with Security: FTC to Provide Additional Insights on Reasonable Data Security Practices | Federal Trade Commission

US Companies Create Principles for Cybersecurity Risk Ratings

On June 20, 2017, the U.S. Chamber of Commerce announced that a consortium of more than two dozen chamber member companies, including prominent big banks, big-box retailers, and technology giants released a set of principles designed to promote fair and accurate cybersecurity ratings.

Source: US Companies Create Principles for Cybersecurity Risk Ratings

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