Online education vendor K12 Inc. disclosed it suffered a ransomware attack and has paid the ransom to the attackers. In a Monday press release, K12 (soon to be renamed Stride Inc. on Dec. 16) said it believes the threat actor accessed “certain parts” of their corporate back-office systems, which may […]
ransomware
US Treasury says some ransomware payments may need its express approval
The US Treasury Department has published guidelines today to be used in special circumstances where a ransomware payment may break US sanctions. The guidelines apply to situations where an individual or company has had its data encrypted by a ransomware gang that is either sanctioned or has affiliations with a cybercrime group […]
Microsoft: Some ransomware attacks take less than 45 minutes
Image: Microsoft For many years, the Microsoft Security Intelligence Report has been the gold standard in terms of providing a yearly overview of all the major events and trends in the cyber-security and threat intelligence landscape. While Microsoft unceremoniously retired the old SIR reports back in 2018, the OS maker […]