Chinese shipping giant COSCO is said to have suffered a major ransomware-related outage affecting its Americas operations, although so far seems to be trying to minimize the potential news fall-out. Reports from the trade press citing internal emails suggest the firm has been hit by ransomware in the US and is asking staff not to open suspicious emails. However, […]

A second wave of the Locky ransomware variant called IKARUSdilapidated has been identified by security experts. The source of the ransomware is a botnet of zombie computers coordinated to launch phishing attacks that send emails and attachments appearing to come from a targeted recipient’s trusted business-class multifunction printer. This is the second wave of IKARUSdilapidated […]

Ransomware has been around for a few years but has become an albatross around everyone’s neck—from big businesses and financial institutions to hospitals and individuals worldwide—with cyber criminals making millions of dollars. In just past few months, we saw a scary strain of ransomware attacks including WannaCry, Petya and LeakerLocker, which made chaos worldwide by shutting down hospitals, vehicle […]