Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a…
China’s cyberspace watchdog said on Monday it is investigating online recruiter Zhipin, and truck-hailing apps Huochebang and Yunmanman, ramping up a crackdown on the mainland’s tech companies amid tightened regulations on data security. The announcement comes a day after the Cyberspace Administration of China (CAC) ordered a suspension of app downloads for Chinese ride-hailing giant…
BEIJING: Didi Global’s shares fell more than 10 per cent in New York on Friday (Jul 2) after China’s cyberspace agency said it had launched an investigation into the ride-hailing giant to protect national security and the public interest. The Cyberspace Administration of China (CAC) said on its website that Didi was not allowed to register…
Businesses around the world rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend. It’s not yet known how many organizations have been hit by demands that they pay a ransom in…
A ransomware attack at Florida-based IT firm Kaseya left businesses around the world scrambling. Cybersecurity experts say the Russian-linked REvil ransomware gang appears to be behind the attack. The REvil ransomware gang was blamed by the FBI for paralyzing meat packer JBS last month. Loading Something is loading. Businesses around the world rushed Saturday to…
Google intervened to remove nine Android apps downloaded more than 5.8 million times from the company’s Play Store after the apps were caught furtively stealing users’ Facebook login credentials. “The applications were fully functional, which was supposed to weaken the vigilance of potential victims. With that, to access all of the apps’ functions and, allegedly,…
Back in 2016, Apple announced a $1 billion investment in the Chinese Uber competitor Didi Global, with Tim Cook saying the investment presented a variety of strategic opportunities for Apple. The investment also earned Apple a seat on Didi’s board. Now, just days after going public with a US IPO, Didi Chuxing is under fire…
3rd Party Risk Management , Breach Notification , Critical Infrastructure Security REvil Malware Suspected of Infecting Scores of IT Management Companies, Clients Akshaya Asokan (asokan_akshaya) • July 3, 2021 UPDATED July 4, 5 a.m. EDT See Also: Rapid Digitization and Risk: A Roundtable Preview U.S. President Joe Biden has ordered federal intelligence…
Some experts said the timing of attack, on the Friday before a US holiday long weekend, was aimed at spreading it as quickly as possible while employees were away from the job. Loading “What we are seeing now in terms of victims is likely just the tip of the iceberg,” said Adam Meyers, senior vice…
A ransomware attack paralyzed the networks of at least 200 U.S. companies Friday, according to a cybersecurity researcher whose company was responding to the incident. The REvil gang, a major Russian-speaking ransomware syndicate, appears to be behind the attack, said John Hammond of the security firm Huntress Labs. He said the criminals targeted a…
