Search Results for: ransomware

Cyber Security Spending Expected to Skyrocket in 2018

Gartner Expect Cyber Security Spending to Reach $96B in 2018 The research firm Gartner is anticipating cyber security spending to reach $96 billion in 2018.  The expected increase in identity access management and security services, is in a large part due to the global ransomware attacks and major security breaches, such as Equifax, that hit

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Village of Nashotah Pays Hackers $2K to Recover Files

Wisconsin Village Pays Thousands After Ransomware Infects Files The Village of Nashotah, located in Wisconsin, is recovering from a recent ransomware attack.  Ransomware, the malicious software the locks files and then sends victims a payment demand to unlock the files, has been an increasingly popular tool for cyber criminals.  The specific ransomware variant that took

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Ransomware Attacks

North Carolina County Office May Pay $23k Ransom Demands

Ransomware Takes North Carolina Mecklenburg County Offices Offline Update 12/7/2017 – County officials have reported they do not plan to pay the $23,000 ransom.  Instead, they will use backup files to restore the encrypted data.  It is unknown how long servers will remain offline to remediate the issues. The Mecklenburg County offices, located in Charlotte, North

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Weekly IT Recap

This week, several breaking news stories hit.  Here are the top five, classified by PC Pitstop. NASA spends $1.4B on information technology – Yes, you read that right.  NASA blew spent 7.6% of their $18.5 billion budget on information security.  They should be good to go, right?! Wrong.  According to ZD Net, they are still

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