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Ransomware victims payout almost $32 Million over the last two years, a study has found – 13 August 2017

by admin | Aug 13, 2017 | News & Analysis

Researchers at Google, Chainalysis, The University of San Diego and New York University’s Tandon School of Engineering have recently revealed the monetary cost of ransomware attacks. The study identifies a strain named “Locky” as the most financially devastating, but...

Hackers linked to ransomware attack issue new demand – 11 August 2017

by admin | Aug 11, 2017 | News & Analysis

A demand for 100 Bitcoins (approx. AUD$439,995) has been published in the dark web following a ransomware attack that devastated over 16,000 computers in 64 countries. In return for the payment, the hackers promise a private security key that could decrypt files that...

The criminals behind WannaCry ransomware earned a stupidly small amount of money – 11 August 2017

by admin | Aug 11, 2017 | News & Analysis

Computer expert Brian Krebs claims cyber criminals behind a global ransomware attack earned only $26,000, despite being one of the largest attacks of the kind in history....

Ransomware Soars in 2016 while Malware declines – 11 August 2017

by admin | Aug 11, 2017 | News & Analysis

A cyber threat report conducted earlier this year has seen that whilst total malware attempts have declined, attacks using ransomware and a new form of cybercrime DDoS (Distributed Denial of Service) are on the rise....

Millions Rorted from Government R&D scheme – 11 August 2017

by admin | Aug 11, 2017 | News & Analysis

Fairfax Media has revealed that millions of dollars have been rorted from the Australian Government’s Research and Development Tax incentive program, after several individuals abused the scheme, and made dishonest claims....

Cyber Attacks a wake-up call: Keenan – 11 August 2017

by admin | Aug 11, 2017 | News & Analysis

Justice minister Michael Keenan has reminded internet users to be vigilant, speaking at a Queensland conference following a string of ransomware incidents of late.  ...
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