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Ryuk Ransomware Strikes at Popular Canadian Restaurant Chain

October 11, 2018Simeon Georgiev

A popular Canadian restaurant chain Recipe Unlimited came under ransomware attack last week. Several computers of its head office get affected by the cryptovirological activity, resulting in closing down of…

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Cryptojacking and How It Differs from Ransomware

October 11, 2018Simeon Georgiev

What Is Cryptojacking? Bitcoin is quickly approaching its 10-year anniversary. The birth of Bitcoin in 2009 had a major impact on the world. Blockchain –– Bitcoin’s underlying technology –– emerged…

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IT Professor Recommends a Cyber Insurance Policy for Ransomware Breaches

October 10, 2018Simeon Georgiev

Atty Mashatan, an IT professor from Ryerson University(a leading Canadian university), offered some insights on the recent cyberattacks that have crushed various sectors alike, including the healthcare industry, public systems,…

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How Midland Learned Lessons from Wasaga Beach Attack?

October 9, 2018Simeon Georgiev

Weeks after the ransomware attack on the Canadian town of Midland, Gord McKay, the town’s mayor, revealed lessons that were learned from the Wasaga Beach incident. McKay stated that the…

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Ontario Provincial Police Creates Awareness for Cyberattacks

October 8, 2018Simeon Georgiev

The slew of cyberattacks –– especially ransomware attacks –– has caused widespread damage to the municipal governments in the Canadian state of Ontario. The local police department has been diligently…

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How SamSam Ransomware Emerged and Why Was It So Successful?

October 7, 2018Simeon Georgiev

Sophos has provided insight on the ransomware industry. The information is primarily related to SamSam Ransomware and its victims but some interesting facts and figures have also been discussed What…

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McAfee Report for the Ransomware Space

October 6, 2018Simeon Georgiev

Recently, McAfee released data related to ransomware campaigns. The report noted that the creation of new ransomware campaigns are decreasing with the passage of time, but the total ransomware cases…

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Monro Ransomware

October 5, 2018Simeon Georgiev

Recently, ransomware removal analysts manage to uncover a new cyber threat. As users reported their loss of access to crucial data, a ransomware by the name of Monro was found…

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Honolulu-Based Medical Facility Attacked

October 5, 2018Simeon Georgiev

Healthcare industry continues to bear the brunt of ransomware campaigns. Recently, Fetal Diagnostic Institute of the Pacific (FDIP) in Honolulu was the newest victim. Early indications from the ransomware removal and…

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Europol Warns Against the Soaring Nation-Backed Ransomware Campaigns

October 3, 2018Simeon Georgiev

Europol – the primary law enforcement agency in Europe – ­has cautioned that the masterminds behind the ransomware attacks are the nation-states. The WannaCry Ransomware campaign of 2017 has been…

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