Ramsomware Blog

Read the latest news, developments and opinion pieces on Ransomware issues from industry experts New Net Technologies.

A second Florida city has opted to pay a ransom demand to hackers after they took control of the city's municipal computer systems. 

The Florida city of Riviera Beach has agreed to pay cybercriminals who encrypted computer systems with ransomware $600,000 in order to regain access. 

It’s been two years since the initial WannaCry ransomware outbreak, but researchers are warning that hundreds of thousands of incidents are still being detected globally.  

MegaCortex is described by security researchers as a new, highly targeted ransomware variant that contains numerous references to the '90s cult film The Matrix.

US food giant Mondelez is suing its insurance company, Zurich after the insurer refused to pay out over $100 million in damages incurred during the NotPetya ransomware campaign.

Chinese shipping giant COSCO suffered a suspected ransomware attack on Tuesday, July 24, causing a breakdown of its networks and systems in its North American Operations and slowing electronic communications.

Security researchers have discovered a new piece of malware that infects victims systems with either a cryptocurrency miner or ransomware, depending on which scheme is more profitable for the attackers.

According to the latest FBI 2017 Internet Crime report, losses of cybercrime victims exceeded $1.4 billion in 2017. 

The City of Atlanta is still scrambling to get operations back up and running business as usual after its computer network was hit by a major ransomware attack almost one month ago.

Aerospace giant Boeing was hit Wednesday by the notoriously known WannaCry ransomware, resulting in an alarming alert calling for “all hands on deck” to contain the virus.

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