In the last two weeks, Florida has paid more than $1.1 million in bitcoin to cybercriminals to recover encrypted files from two separate ransomware attacks - one against Riviera Beach and the other against Lake City.
Lake City, a city in northern Florida, agreed on Monday to pay hackers 42 Bitcoin (equivalent to $573,300 at the current value) to unlock phone and email systems following a ransomware attack that crippled its computer systems for two weeks.
Telegram, one of the most popular encrypted messaging app, briefly went offline on the 13th of June, 2019 for hundreds of thousands of users worldwide after a powerful distributed denial-of-service (DDoS) attack hit its servers.
Telegram founder Pavel Durov later revealed that the attack was mainly coming from the IP addresses located in China, suggesting the Chinese government could be behind it to sabotage Hong Kong protesters.
Cisco on recently informed customers that several vulnerabilities, including a code execution flaw classified as "high severity," have been found in the company's Industrial Network Director product. While conducting internal security testing, Cisco employees identified three types of vulnerabilities in Industrial Network Director. The most serious of them, tracked as CVE-2019-1861 with a CVSS score of 7.2, is a remote code execution flaw.
Cybercriminals have stolen 23.2 million Ripple coins (XRP), worth nearly $9.5M, from the users of the GateHub cryptocurrency wallet service. The company admitted to the security breach in a preliminary statement posted on its website. While the incident is still under investigation, the company believes the hacker abused its API to carry out the attacks, though it is unsure how.