What is WannaCry ransomware 002

What is WannaCry ransomware 001

The U.S. Federal Bureau of Investigation disclosed that it infiltrated the BlackCat ransomware group, a Russia-based criminal organization also known as ALPHV. The FBI seized BlackCat's darknet website and released a decryption tool that hundreds of victim companies can use to recover systems encrypted by BlackCat ransomware. BlackCat briefly regained control of its darknet site in response to a message promising higher affiliate commissions of 90% and removing restrictions on targeting certain organizations like hospitals or nuclear power plants.

#fypシ #cybersecurity #cybersecurityawareness #vulnerability #xploit #exploit #ransomware #hellokitty #activemq #funbirdllc

The FBI reported a record $12.5 billion in losses from online scams in 2023, up over $2 billion from 2022. Over a third of losses, or $4.5 billion, came from investment scams, many involving romance scams tricking people into fake crypto schemes. Reported losses from ransomware attacks also rose, from $34 million in 2022 to $59 million in 2023. The healthcare sector reported the most ransomware incidents of any sector in 2023. The FBI report shows the growing financial toll of cybercrime, but the true costs are likely higher due to unreported scams and attacks.

The operation is “probably the most significant ransomware disruption to date” according to the experts.

Victoria's court system has been hit by a ransomware attack, which may have exposed recordings of sensitive cases.

Once again, the Insomniac Ransomware leak has revealed further plans for Marvel’s Spider-Man 2.

Victoria's court system has been hit by a ransomware attack, which may have exposed recordings of sensitive cases.

This research models the impact of a ransomware attack on the user’s trust, which in turn has an effect on their decision to pay the ransom or follow the guidance from the relevant institutions. The model shows that the effectiveness of the attack, the trust in the competence of the attacker and ransomware demands that are reasonable and easy to fulfill, positively influence the intention to pay the ransom. The initial institutional response, institutional trust and institutional solution influence the intention to follow the institutional guidance.Link to full paper (you need an AIS membership):https://aisel.aisnet.org/amcis2018/Security/Presentations/31/Reference:Zarifis A. & Cheng X. (2018). The Impact of Extended Global Ransomware Attacks on Trust: How the Attacker's Competence and Institutional Trust Influence the Decision to Pay, Proceedings of the Americas Conference on Information Systems (AMCIS), pp.2-11. Available from: https://aisel.aisnet.org/amcis2018/Security/Presentations/31/