Justice Department officials said the FBI was able to track and recover 63.7 bitcoins, currently valued at about $2.3 million. The operation marks a rare ransom recovery for the critical infrastructure company that fell victim to the devastating cyberattack, as the “ransomware-as-a-service” business model booms. It marks the first recovery by the department’s new Ransomware Task Force.
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Archives: News
Exclusive: U.S. to give ransomware hacks similar priority as terrorism
The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters.
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Operation HAECHI-I intercepts $83M in online financial crimes
Over six months of coordinated intelligence collection and joint operations, police were able to intercept a total of $83 million in illicit funds transferred from victims to the perpetrators of cyber-enabled financial crime.
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Cybersecurity attack hits world’s largest meat supplier JBS’ IT systems in the US and Australia
JBS USA, the world’s largest meat supplier, says it was the target of an “organized cybersecurity attack.” In a statement, JBS, which has its U.S. headquarters in Greeley, Colorado, said the attack affected some of its servers supporting its North American and Australian IT systems.
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U.S. pipelines will soon be required to increase cybersecurity after Colonial Pipeline hack
The Transportation Security Administration directive being issued Thursday will also mandate that the owners and operators of the nation’s pipelines report any cyber incidents to the federal government and have a cybersecurity coordinator available at all times to work with authorities in the event of an attack like the one that shut down Colonial Pipeline.
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The Telehealth Security Impact: Now and Beyond the COVID-19 Pandemic
As telehealth continues to support the shift in healthcare, ensuring a minimal security impact will be crucial in light of critical infrastructure attacks and exploits.
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What Does Cyber Accreditation Mean for Cyber- Crime Court Cases?
Cyber accreditation offers IT professionals the critical skills required to testify after conducting certified forensic investigations. Their training includes the technical skills that ensure they are adept in digital forensic principles and the correct processes to follow.
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What Does Cyber Accreditation Mean for Cyber- Crime Court Cases?
Cyber accreditation offers IT professionals the critical skills required to testify after conducting certified forensic investigations. Their training includes the technical skills that ensure they are adept in digital forensic principles and the correct processes to follow.
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Ransomware Keeps Healthcare in Crosshairs, Triple Extortion Emerges
A Check Point report on ransomware attacks seen in the first half of 2021, shows a 102 percent increase from 2020’s numbers, as hackers begin employing triple extortion to increase profits.
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Big Tech and Government Agencies Collaborate To Put an End to Ransomware Payments
A “Ransomware Task Force” initiative led by the U.S. Department of Justice is including a broad coalition of big tech firms in an effort to put an end to ransomware payments. The project, which also includes Europol and the UK National Crime Agency, proposes designating “digital extortion” as a national security threat and elevating ransomware as a priority item for intelligence agencies.
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