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US fuel pipeline 'paid hackers $5m in ransom'

2021-05-14 11:30:40| BBC News | Business | UK Edition

Reports say Colonial Pipeline paid cyber-criminal gang DarkSide a ransom to prevent a data leak.

Tags: paid fuel pipeline hackers

 

The Trials and Tribulations of Paying Ransomware Hackers

2020-10-23 13:34:00| TechNewsWorld

There's no question that hackers are getting increasingly ambitious -- the average ransom demand increased from about $29,000 in 2018 to more than $302,000 in 2019. U.S. law doesn't prohibit paying ransom per se; but when victims pay monies to people or organizations who have been sanctioned by the U.S. government...they get into more trouble.

Tags: paying trials hackers tribulations

 
 

Mysterious 'Robin Hood' hackers donating stolen money

2020-10-20 01:41:53| BBC News | Business | UK Edition

Experts and charities are puzzled by hackers who've started donating stolen money.

Tags: money robin hood stolen

 

How hackers extorted $1.14m from University of California, San Francisco

2020-06-29 11:57:24| BBC News | Business | UK Edition

BBC News witnesses a negotiation between ransomware hackers and a 'cash-strapped' university.

Tags: university san california francisco

 

Bad news for hackers: UK govt announces new IoT cybersecurity law

2020-01-27 01:00:00| Total Telecom industry news

The commercial market for connected devices is booming, with new variations of IoT technology arriving on the market every day. The scale of this market is truly enormous, with research suggesting there will be 75 billion connected devices in homes by 2025.   But, beside the smart thermostat creating the perfect temperature and the smart TV adjusting the programme’s audio, there is an elephant in the room…read more on TotalTele.com »

Tags: news bad law announces

 

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