A Nigeria-based ransomware gang is conducting a campaign that dangles a $1 million bribe – or a portion of any ransom collected – to employees of targeted organisations if they will install DemonWare ransomware on their corporate network.
Posts
A nasty cyber gang claims to take a bite out of Apple with $50 million ransom. The gang of cyber criminals are demanding the Cupertino-based firm pay up the money or they will release Apple device blueprints.
A ransomware attack could cripple your IT infrastructure. Here’s how to prevent and deal with them.
Research has shown that the fear of fines through GDPR is making some firms more likely to pay cyber ransom than report the breach. This is a very scary thought and extremely counterproductive. Why is this happening and what could be done to prevent this?
In the past, cyber attackers have often been unaware of how much stolen data is worth to organisations. However, the implementation of GDPR means that organisations can be fined up to 4% of their global annual turnover or €20m, whichever is greater, if found to have a data breach. These fines effectively provide cyber criminals with a price point for criminals to understand how much the data is worth to organisations.
Serviceteam IT Limited, 49 Frederick Road, Edgbaston, Birmingham, B15 1HN.
Copyright © 2011 Serviceteam IT Limited. Registered in England 07578043.