In a public advisory issued late on Wednesday, the National Payment Corporation of India (NPCI), which oversees payment systems, announced that it had temporarily restricted C-Edge Technologies from accessing the retail payments system operated by NPCI.
Despite witnessing a surge in ransomware deployment, Germany, France, and the UK reported lower numbers of attacks compared to the US. The report highlighted that a total of 48 distinct ransomware groups targeted US entities, representing a worrying 75% surge in the average monthly attacks.
Ransomeware attacks have been growing by quite a margin. Here are 5 tips to mitigate and prevent ransomware attacks.
Russian cybercriminals behind the Kaseya supply chain ransomware attack have demanded a record $70 million to decrypt nearly one million affected devices.
The FBI said in a statement Sunday that it was investigating the attack along with the federal Cybersecurity and Infrastructure Security Agency, though "the scale of this incident may make it so that we are unable to respond to each victim individually."
The recovery cost from the impact of a ransomware attack tripled in the last year in India -- up from $1.1 million (over Rs 8 crore) in 2020 to $3.38 million (more than Rs 24.5 crore) in 2021 to date -- as the country topped the list of 30 countries worldwide for ransomware attacks.
India has seen the most number of ransomware attack attempts per organization, with an average of 213 weekly attacks since the beginning of the year.
Targeted ransomware attacks on the healthcare and pharma sector will surge in India in 2021 as companies finalise their vaccines to fight Covid-19, a new report said on Wednesday.
Targeted ransomware attacks on the healthcare and pharma sector will surge in India in 2021 as companies finalise their vaccines to fight Covid-19.
The hackers claimed to have encrypted over 1,000 servers at Foxconn North America and stolen 100 GB data.
According to cybersecurity firm Kaspersky, LockBit ransomware is a malicious software designed to block user access to computer systems in exchange for a ransom payment.
Haldiram's servers were affected with the ransomware attack and the hackers are demanding a ransom of USD 750,000.
This new mobile ransomware variant is an important discovery because the malware exhibits behaviours that have not been seen before and could open doors for other malware to follow.
With an over 39 per cent rise in ransomware attacks in the past three months, India ranked second only to the US among the countries most impacted by the threats.
The "Dharma" ransomware-as-a-service (RaaS) attacks are troubling small and mid-sized businesses during the COVID-19 pandemic and the cybersecurity firm Sophos has witnessed 85 per cent of such attacks focusing on exposed access tools like Remote Desktop Protocol (RDP).
Cybersecurity researchers have found out new ransomware that it attacking Apple's macOS. Read on to know more
Ransomware attacks are quite a threat for companies globally. Read on to know more
Indian firms paid over Rs 8 crore ransom on average to mitigate the impact of ransomware on its operations and overall, 82 per cent Indian firms were hit by ransomware in the past 12 months, a 15 per cent increase from 2017.
Ransomware attacks happened the most in India due to low security. Here's how you can stay safe.
A note found in one of the computers read, "We won't talk more, all we know is money! Hurry up!"
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