US cyber security firms say ransomware attacks are on the rise and increasing in sophistication. Ransomware encrypts a target computer's files, demanding payment to unlock them. Experts in Germany advise victims on how to respond.
Three men who formed part of the cybercrime group FIN7 have been arrested for targeting more than 100 US companies. One of the group's administrators was arrested in Germany and may face "decades in jail if convicted."
The German government faces several legal challenges for using Trojan viruses to circumvent encrypted messages. Critics say the current surveillance laws are too broad and risk another massive ransomware attack.
Recent revelations that Uber paid a $100,000 ransom to two hackers has surprised many experts. But a look back at recent history shows a growing trend; for hackers it’s becoming a lucrative way of life.
Suspected Russian hacker Pyotr Levashov pleaded not guilty before a US judge after being extradited from Spain. Prosecutors claim he ran a massive computer network that sent out spam and installed malicious software.
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