When it comes to the very pressing threat of cybersecurity attacks — everything from attacks on the electrical grid to hospital systems — building a strong defense against hackers is a major priority for any company or government entity. Using just one example, a recent study from IBM reveals the cost of major data breachContinue reading “Should Your C-Suite Make Cybersecurity a Bigger Priority?”
Tag Archives: ransomware
Ransomware Victims That Pay Up Can Be Fined by Government
Security expert Brian Krebs has provided an in-depth explanation of why the U.S. government is discouraging ransomware victims from paying their extortionists. “In its advisory (PDF), the Treasury’s Office of Foreign Assets Control (OFAC) said “companies that facilitate ransomware payments to cyber actors on behalf of victims, including financial institutions, cyber insurance firms, and companiesContinue reading “Ransomware Victims That Pay Up Can Be Fined by Government”
Why Cybersecurity Should be a Top Back-to-School Concern This Fall
The school year got off to a rocky start in Hartford, Connecticut this month. On top of all of the complications brought about by the COVID-19 pandemic, the beginning of the academic year was delayed because a ransomware attack hit the city, according to the Hartford Courant.
The system that provides real-time information on school bus routes was targeted, affecting the 4,000 students in the district who rely on buses to get to school.
The Courant reports that this unfortunately isn’t a rare phenomenon. Ransomware attacks in 2019 hit at least 89 school systems in the United States. This had wide ranging impacts — from surveillance systems going down to student grades being lost.