• About
  • Privacy Policy
  • Contact
Tech Newsday
  • Security
  • Future of Work
  • Mobility
  • Emerging Tech
  • Today’s News
No Result
View All Result
Tech Newsday
  • Security
  • Future of Work
  • Mobility
  • Emerging Tech
  • Today’s News
No Result
View All Result
Tech Newsday
No Result
View All Result
Home Security

Ransomware Groups Scale Back After U.S. Pipeline Response

TND News Desk by TND News Desk
August 3, 2021
in Security
0 0
0

Following pressure from the U.S. government to crack down on cyberattacks, many ransomware groups have announced plans to shut down or scale back operations.

In its latest update, DarkSide a ransomware group accused of carrying out an attack that led to the shutdown of the operation of one of the largest oil companies in the U.S. revealed that it went out of business after it had lost access to some of its servers.

Another well-known gang said they will prohibit encryption attacks on critical infrastructure and forums, in which these ransomware groups recruit members. They also announced that they will prohibit ads related to ransomware.

It was not immediately clear whether the recent decisions of the ransomware groups were a result of diplomatic pressure from the U.S.A., legal requirements on technology providers, or state-sponsored hacking. But, the move will help reverse a trend that has been on the rise in the last two years.

This includes various ransomware groups that target important companies that will pay to resume operations after an attack.

Dmitri Alperovitch, co-founder of CrowdStrike said, “Ransomware criminals are clearly getting nervous with all the heat coming down from U.S. government and industry. Many will likely try to lie low for a few months in hopes that it will pass. The key will be to keep up the pressure on both the criminal gangs themselves as well as the states like Russia that offer them safe haven from prosecution.”

For more information, read the original story in Reuters.

Please login to join discussion

Subscribe

About Tech News Day

In just 10 minutes you will have all your leadership tech news needs covered. Our Editors browse the top tech news sites for you, get rid of the fluff and post summaries of the best. Our content is created by trained professionals and enhanced for IT leaders using leading edge artificial intelligence.

About

Tech Newsday

Tech News Day picks the new, most relevant tech stories.

Our selection is done by industry professionals – executives like you who pick the top stories for that day. Our writers summarize these to give you a quick summary and the key takeaways.

SUBSCRIBE

Categories

  • Artificial Intelligence
  • Auto Tech
  • Blockchain
  • Careers & Education
  • Channel Strategy
  • Cloud
  • Communications & Telecom
  • Companies
  • Data & Ananytics
  • Development
  • Digital Transformation
  • Distribution
  • Diversity & Inclusion
  • eCommerce
  • Emerging Tech
  • End User Hardware
  • Engineering
  • Financial
  • Fintech
  • Future of Work
  • Governance
  • Government & Public Sector
  • Human Resources
  • Infrastructure
  • IoT
  • Leadership
  • Legal
  • Legislation & Regulation
  • Managed Services & Outsourcing
  • Marketing
  • Martech
  • Medical
  • Mobility
  • Not for Profit
  • Open Source
  • Operations
  • People
  • Podcasts
  • Privacy
  • Security
  • Service
  • Smart Home
  • SMB
  • Social Networks
  • Software
  • Supply Chain
  • Sustainability
  • Today's News
  • Top Stories This Week
  • Women in Tech
  • Home
  • Today’s News
  • About
  • Privacy
  • Contact

2022 Tech News Day

No Result
View All Result
  • Security
  • Future of Work
  • Mobility
  • Emerging Tech
  • Today’s News

2022 Tech News Day

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00