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Cybercriminals are using sophisticated malware to attack companies' IT systems, and they are demanding ransom payments in digital currencies
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The linchpin to retrieving $2.3 million, half the company's payment, was gaining access to the private key linked to the attacker's Bitcoin account. Here's how authorities may have gotten it.
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The Justice Department says it has seized bitcoins worth millions of dollars that were part of what Colonial Pipeline paid to get control of its systems back from hackers.
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The largest meat processor in the world stands on the verge of starting up its plants after getting shut down over the Memorial Day weekend by hackers chasing ransom.
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The disruption in production sparked speculation that prices would skyrocket. But analysts say there will be little impact if JBS delivers on its pledge to be up and running on Wednesday.
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The order follows a ransomware attack on a company that operates a pipeline that provides nearly half of the gasoline and jet fuel for the East Coast.
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Even before fuel began flowing again after a ransomware attack, experts said any shortages were because of transportation, not supply, and they urged people not to top off their tanks.
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Energy Department officials, state governors and local gas station attendants across the Southeast are pleading with motorists to stop hoarding gas as Colonial Pipeline works to restore operations.
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The massive pipeline, which supplies 45% of the East Coast's gasoline and jet fuel, was forced to shut down over the weekend. The company says it has one line operating under manual control.
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An alert warns hospitals and health care providers that there is "credible information of an increased and imminent cybercrime threat."