Browsing: Ransomware Attacks

New NCSC Cybersecurity Reports Show That Evolving Ransomware Attacks Aren’t Being Taken Seriously Despite Businesses’ Warnings. The National Cyber Security Center (NCSC) has released a new security report claiming that businesses and companies are not taking ransomware seriously enough, despite the fact that this serious system attack is still evolving. “This year has seen a plethora of cyber security threats, ranging from state-sponsored activity to criminal ransomware attacks,” said Jeremy Fleming, Director of the Government Communications Headquarters. He went on to say that the growing number of malicious campaigns in various countries demonstrates the consequences of online activity. The ransomware…

Stock valuation and other financial events, according to the FBI, could trigger ransomware attacks. According to the FBI, ransomware attacks could be triggered by businesses doing financial transactions, such as stock valuation. According to the Federal Bureau of Investigation, hostile actors are currently targeting publicly traded firms, posing a risk of financial vulnerability. “Ransomware perpetrators are targeting firms that are involved in big, time-sensitive financial events in order to motivate ransom payment by these victims,” according to the FBI’s latest document. The federal agency also stated that during financial disclosures or other comparable statements, they uncovered a growing threat to…