MoneyGram confirms its outage is due a cyberattack
Days after customers started complaining about outages, MoneyGram has confirmed that it was the victim of a cyberattack. Bleeping Computer reports: “MoneyGram recently identified a cybersecurity issue affecting certain of our systems,” reads the announcement. “Upon detection, we immediately launched an investigation and took protective steps to address it, including proactively taking systems offline, which […]

Chinese hackers are increasingly deploying ransomware – researchers
Researchers at Sentinel Labs and Recorded Future report that Chinese-linked cyberespionage campaigns are increasingly deploying ransomware. CyberScoop reports that their research suggests that ransomware is reportedly used in the final stage of cyberespionage operations to either make money, distract adversaries, or make it more difficult to attribute their work: The report that Chinese hackers are […]