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UK police arrest man over hack that affected European airports

by AIP Online Bureau | Sep 24, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

Ransomware gangs routinely publicise attacks and leak stolen data on dark web “leak sites” but websites that monitor those portals had not, as of Wednesday, detected any group claiming the hack. LONDON: British police said on Wednesday a man had been...

Ransomware attack forces hundreds of small Indian banks offline, sources say

by AIP Online Bureau | Jul 31, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

The attack affected C-Edge Technologies, a provider of banking technology systems to small banks across the country, they said MUMBAI: A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut...

Ransomware attack hits Japan’s biggest port, disrupting cargo shipments

by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

The Nagoya port authority said Russia-based ransomware group Lockbit 3.0 was responsible for the hack, Kyodo News reported Wednesday Recent data breaches often involve “double extortion” in which a ransom is demanded for the recovery of stolen information as well as...

US cyber insurance premiums soars by 50% as ransomware attacks increase

by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits

Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks. Those attacks also spurred companies and individuals to adopt more robust cybersecurity measures...
Russian hackers account for most 2021 ransomware schemes, U.S. says

Russian hackers account for most 2021 ransomware schemes, U.S. says

by AIP Online Bureau | Nov 2, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

In analysis issued in response to the increase in number and severity of ransomware attacks against critical infrastructure in the United States since late 2020, the U.S. Financial Crimes Enforcement Network (FinCEN) said it had received 1,489 ransomware-related...
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