The rise of ransomware as a service is fueling attacks worldwide by hackers looking to make a quick buck, according to a new research report. The research, undertaken by the Carbon Black Inc. Threat Analysis Unit analyzed more than 1,000 ransomware samples and found that attackers are looking to make quick, easy money by using unsophisticated malware ...

Grid+, a project from Consensus Systems Inc. that’s looking to build an Ethereum blockchain-based peer-to-peer trading platform for renewable energy, has raised $40 million in a presale for its forthcoming initial coin offering. The concept involves bringing together two different parts of power generation into the one tradable platform, both existing corporate renewable electricity generators ...

The compromise of popular free security tool CCleaner disclosed earlier this week has taken an interesting twist as security researchers have discovered that the attack targeted major tech companies and may have even been state-sponsored. The specific attack, triggered as a second-stage loader that is activated after the initial infection, targeted 20 tech firms, including ...

The U.S. Securities and Exchange Commission disclosed Wednesday that its internal systems had been compromised, with hackers using the stolen data to partake in insider trading. The hack, which took place in 2016 but was only detected in August, involved the EDGAR SEC corporate reporting network that contained information ranging from statements on mergers and acquisitions, ...

A new variant of the infamous Locky ransomware has been detected in the wild rapidly infecting computers in a massive new phishing campaign, according to newly published research. Barracuda Networks Inc. made the initial discovery, saying in a blog post that it has seen roughly 20 million of attacks using the new Locky variant as of Tuesday ...

In a bizarre turn of events, consumer credit reporting agency Equifax Inc. has publicly suggested that those affected by its huge hacking should visit a fake site for further information. The recommendation to visit the fake site came via a series of tweets on the official Equifax Twitter account. The tweets directed those affected to the fake site ...

Tesla Inc. has teamed up with Advanced Micro Devices Inc. to design a custom-made chip dedicated to artificial intelligence processing in self-driving cars, according to a report published Wednesday. CNBC, quoting sources, claimed that the progress toward building a custom Tesla AI chip had reached the car maker, which has received back “samples of the first ...

Avril Lavigne may have peaked in popularity during the early parts of the 2000s, but the Sk8terboi singer remains highly popular among hackers: She topped McAfee Inc.’s annual list of the Most Dangerous Celebrities, a list that indexes celebrity-themed malicious websites. The list, now in its 11th year, indexes malicious websites using celebrities to attract web browsers ...

Communists may not be residing under people’s beds, but online banking customers are being warned to be aware of another threat in the form of a new banking trojan virus dubbed “Red Alert 2.0.” First detected in the wild by security researchers at SfyLabs BV, the trojan shares similar features to other Android banking trojans, ...

Uber Technologies Inc. is reported to have launched a review into whether it broke antibribery laws in Asia following news in August that it was being investigated on those grounds by U.S. Department of Justice. Bloomberg reported that Uber has employed law firm O’Melveny & Myers LLP to examine foreign transaction records and to interview employees “raising questions about why some ...