Hundreds of millions of dollars have been paid to cyber criminals since 2013 as ransom to unlock encrypted files. One of the most notorious pieces of ransomware is known as Crypto Locker. Crypto Locker typically arrives in the form of an email link or attachment. Once the email recipient clicks the link or opens an attachment, the Crypto Locker virus is downloaded and begins to replicate itself on the network while encrypting files on the host.
At a point in the ...
I recently attended the St Joseph County Cyber Attack Response Crime Symposium sponsored by the St. Joe County Chamber of Commerce. Cyber Crimes Investigator Mitch Kajzer with the St. Joseph County Prosecutor’s Office presented.
About 40 people with varied backgrounds and job descriptions attended. Most were business leaders and few in IT. I was disappointed that the classroom wasn’t packed. This may be indicative of the fact that our regional businesses still don’t take cybercrime seriously. ...
On the way to work this morning I listened to an interesting NPR piece on cybercrime. What I learned is that as a small business, your bank is not responsible for covering loss due to cybercrime. Unlike your credit card company, who will reimburse you for fraudulent transactions, banks are under no obligation to do so.
The small business owners interviewed for this audio news article recounted their experiences, some who lost millions, trying to hold their bank accountable. Most were ...