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[ad_1] By JAMES SWIFT City officials broke their nearly yearlong silence on the cyberattack, however, in the wake of an Open Records Request filed by The Daily Tribune News. Newly publicized documents indicate the City of Cartersville did indeed pay the ransomware attackers — to the tune of $380,000 in non-tradable Bitcoins, “with an additional...
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[ad_1] Ransomware attacks are on the rise — and they’re estimated to cost global organizations $20 billion by 2021, according to Cybersecurity Ventures Let’s kick off our ransomware statistics list with a singlenumber: $377,000. That number represents the average initial ransom demand in Ryuk ransomware attacks in Q3 2019, Coveware reports in their “Q3 Ransomware...
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[ad_1] In no particular order, here are MediaNama’s top 10 stories of the week ended 1st March 2020 MediaNama would like to thank its sponsors: E2E, for their support. More than 60,000 cyber crime cases registered between 2016-18: Home Ministry Between 2016 and 2018, a total of 61,361 cyber crime incidents were registered in India,...
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[ad_1] Data shows 73% are concerned about municipal ransomware threats but only 38% are trained on preventing these attacks. RSA CONFERENCE2020 – San Francisco – Nearly 75% of government employees are concerned about the potential for ransomware attacks against cities across the United States, but only 38% of state and local government workers are trained...
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[ad_1] The U.S. Federal Bureau of Investigation (FBI) recently held a panel called “Feds Fighting Ransomware: How the FBI Investigates and How You Can Help” at the RSA Conference 2020. It was revealed how much cybersecurity victims had to pay in ransom over the last six years. During the panel, FBI agent Joel DeCapua highlighted...
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[ad_1] Ransomware attacks are on the rise — and they’re estimated to cost global organizations $20 billion by 2021 Let’s kick off our ransomware statistics list with a single number: $377,000. That number represents the average initial ransom demand in Ryuk ransomware attacks in Q3 2019, Coveware reports in their “Q3 Ransomware Marketplace report.” And...
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[ad_1] As global population is growing and increasingly moving to urban areas, cities struggle to keep the pace with the mounting demand for energy and water, infrastructures and mobility systems, and efficient public services. City managers have  to deal with complex and multi-faceted challenges, as they balance the expected urban development with limited resources, while...
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[ad_1] Image copyright Google Image caption Redcar and Cleveland Borough Council’s systems were hit almost two weeks ago A council has admitted its IT service was targeted by hackers, who scrambled files and made a demand for money. Systems at Redcar and Cleveland Council have been down for almost three weeks after the ransomware attack....
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[ad_1] Municipalities and cities are heavily investing in smart network infrastructure to create an advanced interconnected future for their citizens. According to Grand View Research, smart city market size is estimated to reach $237 billion by 2025. However, the recent and relentless ransomware attacks on small governments place a large asterisk next to these ambitions,...
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[ad_1] Algernon D’Ammassa Las Cruces Sun-News Published 4:33 PM EST Feb 25, 2020 SUNLAND PARK – Seven months after a ransomware attack disabled its email systems, the Gadsden Independent School District is suffering another bout with the virus after its systems were taken down Monday.  The district announced Tuesday it had shut down its internet...
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[ad_1] From left, Council members Mark Meadows, Lisa Babcock, Mayor Ruth Beier, Jessy Gregg, and Mayor Pro Tem Aaron Stephens at the Feb. 18 meeting (photos by Raymond Holt). It looks like East Lansing’s City Council is in for another long night, as today’s agenda is packed from top to bottom. Here are highlights and...
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[ad_1] NRC Health, a publicly-traded company that says it works with 75 percent of the 200 largest U.S. hospital chains, was hit with a cyberattack on Feb. 11, a spokesperson confirmed to CNBC. The attack sparked concerns about the security of patient health information stored on NRC Health’s servers. The company could not confirm whether...
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[ad_1] In 2019, 50% of all global organizations fell victim to ransomware, compromised accounts, or spoofed credentials, many due to falling for a phishing attack. In the same year, Australians reported $61.6 million lost due to investment scams. As alarming as these statistics are, we expect cybersecurity threats for 2020 to increase. Indeed, with the...
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[ad_1] Thursday, February 20, 2020 We observed in a post on this blog that government agencies, businesses, hospitals, universities and school districts are frequent targets of data breaches that can affect millions of individuals.   Cyberattacks on school districts continue to appear in the news. In January, students in the Pittsburg Unified School District (California) were left without...
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[ad_1] STUART, Fla. — At least six suspected drug dealers walked away free after Stuart prosecutors were forced to drop cases for lack of evidence. The problem? The evidence is currently sitting in computers at the Stuart Police Dept., but hackers have locked investigators out of the files which could have put the suspected drug...
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[ad_1] 2019 was a tough year for the overall cybersecurity of state and local governments and municipal institutions. If you follow security news, there were times when not a week would go by without word of how the latest municipal cyberattacks impeded or even halted day-to-day operations. This stream of recent hacking incidents targeting government...
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[ad_1] New age of ransomware History of ransomware Ransomware, a type of malware that holds data for ransom, has been around for years. In 1991, a biologist spread PC Cyborg, the first ransomware, by sending floppy disks via surface mail to other AIDS researchers, for instance. In the mid ’00s Archiveus was the first ransomware...
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[ad_1] GLOBAL It’s time for universities to get used to the fact that financial distress or even bankruptcy are real risks for many. The reasons are many, ranging from institutions getting pushed to the wall by competitors to reputation crises, such as a loss of accreditation and ranking downgrades which put a drain on financial...
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[ad_1] WAYNE, Neb. (WOWT) — The city of Wayne revealed earlier this week that it had been hit by a ransomware attack. The northeast Nebraska city posted on its Facebook page Wednesday that they were is investigating such an attach into their systems. A ransomware attack holds an online system hostage unless a certain amount...
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[ad_1] According to data assembled by the K-12 Cybersecurity Resource Center, no state has experienced a greater number of publicly disclosed school cybersecurity incidents in recent years than Texas. These incidents have resulted in the theft of millions of taxpayer dollars, widespread destruction and outages of school IT systems, and large-scale identity theft. Consider that...
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