Ransomware

The Biggest Beneficiaries of the Bitcoin Ransomware Boom are Not Hackers

The more prevalent bitcoin ransomware attacks become, the merrier it gets for insurance firms that offer cyber-liability insurance coverage. The City of Baltimore has become the latest example of this emerging trend. According to The Wall Street Journal, city officials on Wednesday authorized the purchase of cyber-liability insurance coverage worth $20 million. The Maryland city...
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Crypto-jacking activities, ransomware attacks on the rise, claims McAfee Labs report

The latest McAfee Labs report brings to light significant research on the ever-increasing threat of ransomware and the new family of emerging ransomware. In the first quarter of 2019 itself, the number of ransomware attacks rose by 118% while there were several new classes of ransomware detected as well. The investigation also found out that...
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