Pune: With more than three million hits globally in the first five months of this year, cryptojacking, a form of cyber-attack in which hackers hijack the infected system’s processing power to mine cryptocurrency, is fast emerging as an alternative to ransomware, according to IT security firm Quick Heal. The number[Read More…]
Tag: ransomware
67% Indian businesses hit by ransomware, 38% twice: Sophos
New Delhi: With 67 per cent Indian businesses hit by ransomware — 38 per cent twice — they are at a high risk of repeated ransomware attacks and are vulnerable to exploits, a new report warned on Wednesday. While $13.74 million were spent by three per cent of the organisations[Read More…]
Ransomware set to become more vicious in 2018: Quick Heal
Pune: Ransomware grew 300 per cent in 2017 in comparison with 2016 and in the current year such attacks are set to become even more vicious, according to a Quick Heal report on Monday. Ransomware, cryptocurrency mining and zero-day exploits headlined the threat landscape in 2017, said the global IT[Read More…]
Cybercrimes cost businesses $600 bn globally: McAfee
New Delhi: Cybercrimes have cost businesses close to $600 billion globally — or 0.8 per cent of the global GDP — which is up from $445 billion reported three years back, a report said on Thursday. The report by the global cybersecurity firm McAfee, prepared along with the Centre for[Read More…]
With ‘Digital India’, we are riding a wounded tiger
India needs to put itself in high gear on the road to information sovereignty, or it may trail further behind in the race for dwindling global resources. I see a strange paradox in front of me. The world has never been this safe – the end of the Cold War[Read More…]
India is the third largest source of Wannacry infection, says cyber-security expert
As fear of being attacked by the ransomware, Wannacry, grips the global netizens, Newsd talks to Pukhraj Singh, a renowned cyber-security expert. He played an instrumental role in setting up the cyber-warfare operations centre of the National Technical Research Organisation (NTRO), India’s technical intelligence agency. Singh also helped chart the course[Read More…]
Disney to pay huge ransom for stolen new Pirates of the Caribbean movie?
In an unpleasant episode, Disney Chief Bob Iger said, the hackers are claiming to have an access to one of the company’s unreleased films and are demanding “huge” ransom. However, he did not disclose which film had been stolen. He had said that the company would not be giving in[Read More…]