Weekly Cyber Risk Roundup: Banks Threatened with DDoS Attacks and Researchers Investigate NotPetya

South Korean financial institutions dominated the week’s top trending targets due to a series of extortion demands that have threatened distributed denial-of-service (DDoS) attacks unless those institutions pay between 10 and 15 bitcoins ($24,000 to $36,000) in ransom each. At least 27 financial institutions received the extortion demands from a group claiming to be the… Read More

Fake Extortion Demands and Empty Threats on the Rise

I’ve previously written about the rise of extortion as an emerging trend for 2017, but if you didn’t want to take my word for it, you should have listened to the numerous warnings shared at this year’s RSA 2017. Cyber-extortion has become one of the primary cybersecurity-related issues facing organizations — and it appears to be here… Read More