Category: Security

New Report Confirms 15% of Ransomware Victims Paid up in 2018

Ransomware remains a very prominent trend in the IT landscape. As more victims pay the associated ransom, that trend will only grow worse.  A new report issued by Dark Reading paints a very bleak picture. Ransomware is Still a Booming Industry It determines that ransomware is still a problematic industry, for many different reasons. First of all, the number of malware attacks remains incredibly high. That is primarily due to …
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Kaspersky Confirms Ransomware Attacks on Municipal Institutions Increased by 60%

New findings by research firm Kaspersky paint a worrisome outlook. Dozens of municipal institutions have dealt with ransomware attacks throughout 2019. The rise of malware and ransomware attacks has been well documented in recent years.  The Ransomware Industry Keeps Growing One would expect institutions and corporations to smarten up after so many years. That is not necessarily the case, according to a new Kaspersky report.  Over 170 different municipal institutions …
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Maze Ransomware Affects the City of Pensacola, FL

Ransomware remains one of the biggest threats to internet users today. The city of Pensacola in Florida is currently dealing with the Maze malware strain. There has not been a shortage of malware and ransomware strains in recent years. Pensacola Deals With a Ransomware Attack Judging by how successful these attacks still are in 2019, it seems unlikely that this situation will change for the better in the years to …
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Compliant KYC Verification Doesn’t Require Users to Submit Identity Documents

Many cryptocurrency enthusiasts dislike the process of sharing identity documents with exchanges and other service providers PayTrie is experimenting with a different KYC solution, known as Express Verification.  Sharing sensitive identity verification documents with third parties carries significant risks. Simplifying KYC Verification More often than not, a data breach of a third party handling this data will expose users to all kinds of scam attempts. PayTrie acknowledges something needs to …
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