Ransomware

AI making ransomware easier, more prevalent, committee hears

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Artificial intelligence is making ransomware faster and easier to use as the online crime hits record levels, experts said at a House Financial Services subcommittee hearing on Tuesday.  “We have tremendous concern about the future of AI and the direction it is allowing criminal actors to take, including more sophisticated deepfakes that ultimately form the … Read more

US offering rewards for information on leaders of ransomware group

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The U.S. is offering rewards for information on leaders of the LockBit ransomware group. LockBit is a syndicate operating since 2019. It accounted for 23 percent of the nearly 4,000 attacks globally last year in which ransomware gangs posted data stolen from victims to extort payment, according to the cybersecurity firm Palo Alto Networks, per … Read more