The IRS warned that a phishing email impersonating the agency is making the rounds. The email contains emblems of both the IRS and FBI but is from hackers, not the governmental agencies. “This is a new twist on an old...

A Turkish computer programmer had a simple idea—create functional ransomware with backdoors and offer it for free to educate programmers. If any hackers used the malware to encrypt someone’s files, victims could use the backdoors to restore their data. The...

Lloyd’s of London, a renowned insurance marketplace, has released a 56-page report detailing possible outcomes of an extreme cyber attack. Lloyd’s sought to give guidance to insurance underwriters with “realistic and plausible scenarios” to accurately predict damages. Two Simulations Predict...

A Petya ransomware variant has swept through Europe in a fashion reminiscent of the WannaCry attacks of May 12, 2017. Like WannaCry, the Petya variant spreads using Eternal Blue and has affected the following businesses and organizations:Utility companies, banks,...

Hidden Tear ransomware is an open-source malware program published by its developer for educational purposes. Though the author has since taken the source code offline, hackers around the world have already downloaded and redistributed it. Modified and improved variants of...

The potential threat of a ransomware attack became a reality for the St. Louis Public Library on Jan. 19. Hackers took down approximately 700 computers used by both staff and the public in the library system’s central location and 15...

Ransomware grew into a billion-dollar industry in 2016, and from all appearances, it’s just getting started. The malware’s demonstrated ability to bring in money with little upfront investment, along with the outsourcing of the technical work through Ransomware-as-a-Service (RaaS), will...