On Monday, the U.S. Department of Justice announced two foreign nationals have been charged for their involvement in deploying REvil ransomware attacks. The feds also announced they have seized $6.1 million allegedly traceable to ransom payments. The two face up to 115 and 145 years in prison, respectively. They’re charged in …
Read More »President Biden Is Urging Putin To Gain Control Of Ransomware Attacks
President Joe Biden is urging Russian President Vladimir Putin to take action against cybercriminals in response to the latest ransomware attack to hit some U.S. companies. President Biden told Putin over a telephone call that the United States will “take any necessary action to defend its people.” “I made it …
Read More »Hackers Behind Global Ransomware Attack Are Demanding $70 Million
Investigators say that hackers are demanding $70 million in Bitcoin to end the biggest global ransomware attack in history. Hackers hit a range of IT management companies and compromised their corporate clients by targeting a key software vendor called Kaseya. REvil gang, who is responsible for extorting $11 million from …
Read More »FBI Warns Of Large ‘Scale’ In Ransomware Attack
The FBI said Sunday the “scale” of a major ransomware attack against a US IT company could mean investigators won’t be able to work with every victim individually. Hackers hit Kaseya, a firm that provides IT services to other companies, with a ransomware attack that could have targeted as many …
Read More »G7 Commits To Donation Of 1 Billion COVID-19 Vaccine Doses
On Friday, the Group of Seven (G7) announced that they would give 1 billion COVID-19 vaccines to communities worldwide. 500 million of the doses are being donated by the United States, which President Biden announced on Thursday. Leaders from around the world are in Cornwall, England for the G-7 summit. …
Read More »US Investigators Recover Millions In Ransom Paid To Pipeline Hackers
The Department of Justice has recovered about $2.3 million in Bitcoin that was paid as ransom to hackers of Colonial Pipeline. The ransomware attack shut down the East Coast pipeline last month. East Coast pipeline paid a $4.4 million ransom to Darkside, a Russian-based cybercriminal group, to regain access to …
Read More »Colonial Pipeline resumes ‘normal operations’ After Cyberattack
Georgia-based Colonial Pipeline announced Saturday that it’s resumed “normal operations” after last week’s ransomware attack that led to gas shortages throughout the United States. The oil pipeline company said it’s now delivering millions of gallons per hour to the markets it serves in Texas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, South …
Read More »Colonial Pipeline Restarts Service After Cyber-Attack
The Colonial Pipeline initiated the restart of operations Wednesday evening. Following the restart, it will take several days for the product delivery supply chain to return to normal, Colonial Pipeline said. That means some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the …
Read More »Cyber Attack Shuts Down Top U.S. Pipeline; Gas Prices Set To Rise
Top US fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the US East Coast’s fuel supply, after a cyber attack that industry sources said was caused by ransomware. The company transports 2.5 million barrels per day of petrol, diesel, jet fuel and …
Read More »