Unpacking the Snowflake breach: what went wrong
Security researchers worldwide say the Snowflake breach will be for cloud identity attacks, which is like WannaCry was for ransomware. In July 2024, Snowflake, a leading cloud data warehousing company, experienced a significant security breach that sent shockwaves across the
Live Nation admits Ticketmaster hacking
A big problem for the company and its customers A data breach in which the personal data of 560 million people was stolen. A huge reputational hit for Ticketmaster, a serious threat to the data owners that ended up in the
Hacker forum post claims UnitedHealth paid $22 million ransom in bid to recover data
By Raphael Satter WASHINGTON (Reuters) - A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group paid $22 million in a bid to recover access to data and systems encrypted by the "Blackcat" ransomware gang, according to two
Healthcare providers hit by frozen payments in ransomware outage
By Raphael Satter, Christopher Bing and Patrick Wingrove WASHINGTON (Reuters) - Healthcare providers across the United States are struggling to get paid following the week-long ransomware outage at a key tech unit of UnitedHealth Group, with some smaller providers saying they
Ransomware group ‘Black Basta’ has raked in more than $100 million
By Raphael Satter WASHINGTON (Reuters) - A cyber extortion gang suspected of being an offshoot of the notorious Russian Conti group of hackers has raked in more than $100 million since it emerged last year, researchers said in a report published
Boeing says ‘cyber incident’ hit parts business after ransom threat
By Valerie Insinna and Zeba Siddiqui WASHINGTON (Reuters) - Boeing, one of the world's largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a
Ransomware groups: here are the most dangerous and how they operate
Ransomware groups are becoming an increasingly lucrative industry for criminals who exploit companies' vulnerabilities and take their data hostage for ransom. According to data from Check Point Research, economic damages for ransomware victims during 2022 ranged from 0.7 per cent to 5
Ransomware’s infiltration of cryptocurrencies
Cryptocurrencies: Cyber attacks, once mere theoretical possibilities, have now become a grave threat to modern society. While ransomware attacks have become commonplace, some recent high-profile incidents have thrust them into the limelight. Ransomware payments 4imag journalists are constantly working on showing you
What is malware? How to recognize, remove and protect yourself
Today, more than ever, we hear about malware. But what is it? The term refers to any software designed with malicious intent, usually an executable file that aims to damage, destroy or steal data, take control of computers and aid