The News Of Tomorrow, Today
The News Of Tomorrow, Today
ransomware
Sarah Basford
A Manhattan law firm frequented by some of the biggest names in the entertainment industry has been hit with a hack compromising over 750 gigabytes of intel on its famous clientele. Now, the hackers are threatening to go public with the resulting database unless the company pays up.
Following a ransomware attack against foreign exchange company Travelex earlier this year, the company reportedly paid a hefty, multimillion-dollar sum to hackers in the form of hundreds of bitcoin.
Ransomware incidents — cyberattacks in which bad actors demand payment in exchange for encrypted files — are a frighteningly common fixture of our modern era. But more troubling is that the number of attacks may be hiking due, in part, to the insurance companies tasked to deal with the fallout…
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