Organizations are reportedly buying Bitcoins in anticipation of a possible cyberattack.

Organizations are reportedly buying Bitcoins in anticipation of a possible cyberattack.

According to a report by the highly reputable *The Telegraph* in an article dated December 16, 2017, Paul Taylor, former head of cyber defense at the Ministry of Defense, stated that some companies are reportedly quietly buying Bitcoin. Their goal: to have the funds on hand to immediately pay any ransom demanded following a ransomware attack.…

A phishing cyberattack hits the same company twice: over €1 million lost!

A phishing cyberattack hits the same company twice: over €1 million lost!

First Phishing Cyberattack The first attack took place in late May 2016. An employee of the National Bank of Blacksburg, located in the state of Virginia in the United States, clicked on a targeted phishing email. According to the investigation, this email allowed the attacker to install malware on the victim’s computer. Then…

Swiss medical-social institution forced to pay ransom to cybercriminals

Swiss medical-social institution forced to pay ransom to cybercriminals

Cyberattack: Ransomware In its December 19, 2017, edition, the newspaper La Côte reports on the misfortune of a medical-social facility in the canton of Aargau, Switzerland. These facilities are equivalent to our nursing homes. After being hit by a ransomware attack in November, the facility had to pay a ransom. The amount remains undisclosed. This allowed it to…