Ransomware

Who pays for business interruption related to ransomware attacks? More lawsuits are targeting businesses and vendors.

The development comes after a botched update for the CrowdStrike Falcon platform resulted in an IT outage that impacted 8.5 million Windows machines.

Vulnerable VMware ESXi hypervisors belonging to a North American engineering firm have been compromised by the Storm-0506 ransomware group.

Russia-based ransomware gangs LockBit, ALPHV/BlackCat, Black Basta, Cl0p, Play and Akira accounted for 69% of all cryptocurrency ransom payments in 2023.

Malware attacks have been launched by threat actors against Germany-based CrowdStrike customers.

The faulty CrowdStrike Falcon update resulting in the widespread global IT outage that disrupted nearly 8.5 million Windows systems last week had been missed due to a vulnerability in the firm's Content Validator tool.