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Cyber Security

The Week in Ransomware – August 7th 2020 – Businesses under siege

This week illustrated how pervasive ransomware has become with news of two large and well-known companies getting hit with ransomware attacks. Garmin has received the decryption key to recover their files encrypted in the WastedLocker Ransomware attack. Canon USA was attacked by the operators of the Maze ransomware, leading to another corporate service disruption. The Netwalker ransomware operation has generated a total of $25 million in ransom payments since March 1st according to a new report by McAfee. American medium-sized companies are actively targeted by LockBit ransomware operators according to an Interpol report.

Source: https://www.bleepingcomputer.com/news/security/the-week-in-ransomware-august-7th-2020-businesses-under-siege/

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