Beef Supplier JBS Paid Hackers $11 Million Ransom After Cyberattack – Tempemail

Meat processing company JBS on Wednesday confirmed it paid extortionists $11 million in bitcoins to regain access to its systems following a destructive ransomware attack late last month. “In consultation with internal IT professionals and third-party cybersecurity experts, the company made the decision to mitigate any unforeseen issues related to Continue Reading

U.S. Recovers $2.3 Million Ransom Paid to Colonial Pipeline Hackers – Tempemail

In a major blow, the U.S. Department of Justice on Monday said it has recovered 63.7 bitcoins (currently valued at $2.3 million) paid by Colonial Pipeline to the DarkSide ransomware extortionists on May 8, pursuant to a seizure warrant that was authorized by the Northern District of California. The ransomware Continue Reading

Insurance Firm CNA Financial Reportedly Paid Hackers $40 Million in Ransom – Tempemail

U.S. insurance giant CNA Financial reportedly paid $40 million to a ransomware gang to recover access to its systems following an attack in March, making it one the most expensive ransoms paid to date. The development was first reported by Bloomberg, citing “people with knowledge of the attack.” The adversary Continue Reading

Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals – Tempemail

Colonial Pipeline on Thursday restored operations to its entire pipeline system nearly a week following a ransomware infection targeting its IT systems, forcing it to reportedly shell out nearly $5 million to restore control of its computer networks. “Following this restart, it will take several days for the product delivery Continue Reading

Hackers Threaten to Leak D.C. Police Informants’ Info If Ransom Is Not Paid – Tempemail

The Metropolitan Police Department (MPD) of the District of Columbia has become the latest high-profile government agency to fall victim to a ransomware attack. The Babuk Locker gang claimed in a post on the dark web that they had compromised the DC Police’s networks and stolen 250 GB of unencrypted Continue Reading

Hackers threaten to leak stolen Apple blueprints if $50 million ransom isn’t paid – Tempemail

Prominent Apple supplier Quanta on Wednesday said it suffered a ransomware attack from the REvil ransomware group, which is now demanding the iPhone maker pay a ransom of $50 million to prevent leaking sensitive files on the dark web. In a post shared on its deep web “Happy Blog” portal, Continue Reading

Xbox Series X Source Code Stolen and Held for $1-Million Ransom | Tempemail

A hacker has reportedly stolen the AMD graphics source code that the Xbox Series X runs on its next-generation GPUs and is asking for a $1-million ransom or else they’ll leak the information online, reports Comicbook. Apparently the hacker obtained source codes from a few AMD devices, namely the Navi Continue Reading

Australia’s banks targeted by ‘DoS for ransom’ threat – Finance – Security- Tempemail

Australian banks are being targeted by a group threatening to launch denial-of-service attacks unless a ransom is paid, the Australian Cyber Security Centre says. The campaign is being waged by attackers claiming to be from Silence, a Russian-speaking advanced persistent threat (APT) group that typically targets banks and financial institutions. Continue Reading

University of Maastricht says it paid hackers €200,000-euro ransom – Benchmarking Change- Tempemail

The University of Maastricht on Wednesday disclosed that it had paid hackers a ransom of 30 bitcoin — at the time worth €200,000 (US$220,000) — to unblock its computer systems, including email and computers, after an attack that unfolded on Dec. 24. Ransomware attacks have become commonplace, with insurers raising Continue Reading

Travelex ‘being held to ransom’ by hackers said to be demanding $3m | Technology

The foreign currency specialist Travelex is reportedly being held to ransom by hackers who launched a cyber-attack a week ago that forced the firm to take down all of its global websites. Criminals are thought to be demanding about $3m (£2.3m) – to give the firm access to its computer Continue Reading