New ransomware targets US and European companies
new type of ransomware, is attacking companies across the US and Europe, prompting a surge in claims on cyber insurance policies. Cyber insurance specialists say that use of the ransomware has exploded in recent months, with ransom demands that are far higher than usual — often hundreds of thousands of dollars.
Report: Common office printers are prime points of entry for cyberattacks
Security vulnerabilities in networked printers make them prime targets for denial of service attacks and easy entry points for cyberattacks on businesses and government entities, NCC Group has found in a study. The manufacturers were notified, and they released patches, but systems that have not been updated still pose risks.
UN says N. Korea raising money for weapons with cyberattacks
North Korean hackers are raising money to fund weapons programs, raising as much as $2 billion, by launching cyberattacks in 17 countries, UN experts said. In at least 35 instances, the hackers attacked cryptocurrency exchanges and financial institutions, mainly in South Korea, but they also targeted countries in Europe, Africa, Central America and elsewhere in Asia.