encryption News

Ransomware Criminals Aiming at Third-Party Vendors in Hunt for ‘Big Game’

Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom demands, according to a new report by cyber insurer …

Viewpoint: Recognize and Plan for Health Care Cybersecurity Risks

It’s no secret that the health care industry is a prime target for cybercriminals. Despite efforts to combat ransomware, legal experts have seen a 66% increase in ransomware claims compared to the average over the past four underwriting years[1]. And …

Viewpoint: Cyberattacks Present Unique Challenges for Business Interruption Claims

Introduction As businesses continue to rely on computers and digital storage of important data, cyberattacks are a growing potential threat to these organizations—especially now, as businesses have transitioned their workforces to work remotely. There are many types of cyber threats, …

JBS Rebuffed Call to Boost Cyber Spending, Ex-Employees Say

A few years before it was hit by a major cyberattack, the world’s largest meat producer, JBS SA, rebuffed efforts to spend more on cybersecurity because it wasn’t considered a priority and didn’t show an immediate return on investment, according …

No Ransomware Silver Bullet, Crooks Out of Reach

BOSTON (AP) — Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting ransomware attacks by cybercriminal mafias that mostly …

Zoom Boosts Security After U.S. Claims it Misled Users

Zoom Video Communications Inc. agreed to boost its security to settle claims it misled users about access to online meetings and other issues, the U.S. Federal Trade Commission said. Since at least 2016, the videoconferencing platform, which skyrocketed in popularity …

Belgian Port to Test Virus Bracelets Amid Tech Tracing Fears

ANTWERP, Belgium — As the spread of the coronavirus eases and people gradually return to work pondering the impact it might have on their jobs, Europe’s second-biggest port is getting ready to test a device aimed at helping thousands of …

Zoom Sued for Fraud Over Privacy, Security Flaws

Zoom Video Communications Inc. was accused by a shareholder of hiding flaws in its video-conferencing app, part of a growing backlash against security loopholes that were laid bare after an explosion in worldwide usage. In a complaint filed Tuesday in …

U.S. Lawmakers to Introduce Bill that Threatens Encryption on Tech Platforms

WASHINGTON, Feb 21 — U.S. legislation will be introduced in the coming weeks that could hurt technology companies’ ability to offer end-to-end encryption, two sources with knowledge of the matter said, and it aims to curb the distribution of child …

Lindsey Graham Proposal Could Expose Apple, Facebook to Lawsuits

Senator Lindsey Graham, a top Trump ally, is targeting giant internet platforms with a child protection measure that could threaten tech companies’ use of encryption and a liability exemption they prize. The draft bill from Graham, the South Carolina Republican …