State Department offering rewards up to $10 million to curb ransomware
The rewards are for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity, including ransomware attacks, against critical U.S. infrastructure.
Biden tells Putin Russia must crack down on cybercriminals
The warning to Putin was largely a repetition of the tough rhetoric Biden had used during their meeting in Geneva last month, when he warned that there would be consequences for continuing cyberattacks emanating from Russia.
Why ransomware attacks are on the rise — and what can be done to stop them
As a slew of disruptive ransomware attacks have rattled the U.S., here’s what you should know as debate over cybersecurity and how to fight ransomware continues.
Ransomware hits hundreds of U.S. companies, security firm says
A ransomware attack paralyzed the networks of at least 200 U.S. companies on Friday, according to a cybersecurity researcher whose company was responding to the incident.
The dilemma surrounding ransomware payments has left U.S. officials fumbling about how to respond to such demands. While the Biden administration “strongly discourages” paying, officials recognize that failing to pay would be almost self-destructive for some victims.
The FBI's director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their systems back online.
Colonial Pipeline CEO Joseph Blount will testify on Wednesday before the House Committee on Homeland Security to discuss the May 7 cyberattack on the oil company.
In our news wrap Monday, U.S. investigators have recovered the majority of the cryptocurrency payment given to hackers from last month's Colonial Pipeline ransomware attack, Vice President Harris was in Guatemala to discuss the surge in immigration from Central America…
The operation to recover the cryptocurrency from the Russia-based hacker group is the first undertaken by a specialized ransomware task force created by the Biden administration Justice Department.
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