When cybercriminals hijack your data or website and demand a ransom, you become a victim of cyber extortion. These attacks — and the subsequent ransom payments they require — are on the rise, with ...

Cybercriminals are increasingly staging fake data breaches to launch extortion attempts against KYC-AML companies. Recently, hackers devised a new method of targeting a KYC company by running a ...

One of the largest car rental companies in Europe fell victim to a fabricated cyberattack. Why would adversaries claim a mock attack? To understand the real intentions and motivations behind such ...

Cyber extortion continues to proliferate with an unprecedented number of threat actors and a 77% year-on-year growth in cyber extortion victims, according to Orange Cyberdefense (OCD). In its ...

Cyber extortion can hit a company hard by disrupting operations, exposing sensitive data and shaking shareholder trust. Even a single attack can have costly, far-reaching consequences for business ...

FulcrumSec says it is exploring selling parts of the data It says data includes proprietary information on drugs Other data includes source code, AI model information Novo Nordisk disclosed a ...

Change Healthcare, a subsidiary of UnitedHealth Group, has been facing renewed extortion from cybercriminals just a month after paying a ransom to prevent the release of data stolen in a February 2024 ...

A recent wave of cyberattacks targeting hedge funds, private-equity firms, and other financial organizations has been linked ...

"It is said that the law is always at least several years behind the technology. With respect to the application of a criminal statute the doctrine of lenity, among other established rules, acts as ...

A new global report out this week captures trends in how cyber attacks evolved in 2023 and are likely to keep evolving throughout 2024. 2023 saw more threat actors target end-of-life products, ...

A local college student accused of hacking into computer networks and extorting the companies for ransoms has pleaded guilty, according to the feds. Assumption University student Matthew Lane, 19, ...

Add Yahoo as a preferred source to see more of our stories on Google. A federal jury convicted a Charlotte man on Wednesday for carrying out a cyber extortion scheme against an international ...