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Los Angeles College Pays Hackers $28,000 Ransom To Get Its Files Back

Los Angeles College Pays Hackers $28,000 Ransom To Get Its Files Back

Jan 10, 2017
Ransomware has turned on to a noxious game of Hackers to get paid effortlessly. Once again the heat was felt by the Los Angeles Valley College (LAVC) when hackers managed to infect its computer network with ransomware and demanded US$28,000 payment in Bitcoins to get back online. The cyber-attack occurred over winter break and caused widespread disruption to online, financial aid, email and voicemail systems, including locking out 1,800 students and staffs from their computers. As the situation was gone out of its hand, the Los Angeles Community College District (LACCD) agreed to pay the ransom demand of $28,000 in Bitcoin to criminals to resume their operations after gaining the decryption keys, the school newspaper, The Valley Star, reports . The cyber criminals gave the college a week to pay the ransom and threatened to delete all the data if they were not paid. Also Read: RansomFree Tool Detects Never-Seen-Before Ransomware Before It Encrypts Your Data Just like mos
This Ransomware Unlocks Your Files For Free If You Read CyberSecurity Articles

This Ransomware Unlocks Your Files For Free If You Read CyberSecurity Articles

Jan 05, 2017
Ransomware has been around for a few years, but in last two years, it has become one of the fastest growing threats to businesses and users across the world, so will be in 2017. Ransomware is a piece of malware that encrypts files on your computer with strong encryption algorithms and then demands a ransom money in Bitcoin to decrypt the data so you can regain access to your encrypted files. We have seen some nastier ransomware infections over the past couple of years. The most interesting one was Popcorn Time that decrypts victims files for free if they pass the infection on to other people. Now, a new strain of ransomware takes the infection to a whole new level of craziness. Dubbed Koolova , the ransomware will restore your encrypted files for free, just like Popcorn Time. The only difference between both the infections is that you don't have to infect others to get free decryption key. Instead, all you have to do is educate yourself about ransomware by reading two
How to Increase Engagement with Your Cybersecurity Clients Through vCISO Reporting

How to Increase Engagement with Your Cybersecurity Clients Through vCISO Reporting

Jul 22, 2024vCISO / Business Security
As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.
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