The U.S. Treasury Department said on Sunday it will partner with Israel to combat ransomware, with the two countries launching a joint task force to address cybersecurity. The task force will develop a memorandum of understanding supporting information sharing related to the financial sector, including cybersecurity regulations and threat intelligence, the Treasury Department said. The…
US to Partner With Israel to Combat Ransomware Attacks
November 15, 2021
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Accenture Claims ‘No Impact’ in Apparent Ransomware Attack
BOSTON—Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or its systems. The LockBit ransomware gang announced the attack Tuesday night on its dark web leak site, setting a deadline of Thursday evening for payment. Accenture said in a…
White House Vows To ‘Take Action’ Against Russia-Based Cybercriminals if Kremlin Doesn’t
A White House spokesperson said on Tuesday that while the U.S. intelligence community has not yet fully determined whether Russia is behind the recent ransomware attack targeting Miami-based software firm Kaseya, the Biden administration believes Russian authorities “have a responsibility” to crack down on cybercriminals operating from within their country and, if Moscow doesn’t, Washington will…
Biden Orders Probe of Latest Ransomware Attack
CENTRAL LAKE, Mich.—President Joe Biden said on Saturday he has directed intelligence agencies to investigate who was behind a sophisticated ransomware attack that hit hundreds of American businesses. Biden, on a visit to Michigan to promote his vaccination program, was asked about the hack while shopping for pies at a cherry orchard market. Biden said…
Ransomware Attack on Florida IT Firm Hits 200 Companies
A ransomware attack on a Florida-based software management firm impacted some 200 companies and is being investigated by federal authorities. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) said on Twitter that it “is taking action to understand and address the supply-chain ransomware attack against Kaseya,” and several managed service providers that use the company’s…
Ransomware Is the Most Significant Cyber Threat to Australians
June 15, 2021
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Assistance Defence Minister Andrew Hastie has launched a new cybersecurity campaign to focus on ransomware after it became one of the most significant cyber threats that Australians and Australian businesses face in the past year. Ransomware is where cybercriminals use malicious software to deny access to files and devices, then demand the victim to pay a…
White House Warns ‘No Company Is Safe’ From Ransomware Attacks
June 3, 2021
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The White House warned business leaders in a Thursday letter about the growing risk of ransomware attacks, while urging them to beef up security. “The threats are serious and they are increasing,” Anne Neuberger, cybersecurity adviser at the National Security Council, said in the letter obtained by media outlets. “All organizations must recognize that no company…
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