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Photo courtesy Toll

Australian Logistics Firm Toll Group Falls To Ransomware Attack

Australian shipper Toll Group has confirmed it was the victim of a cyberattack involving ransomware known as ‘Nefilim’. “After detecting this attack, we shut down our IT systems to mitigate the risk of further infection. Toll has refused from the outset to engage with the attacker’s ransom demands, which is consistent with the advice of...

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Cognizant Ransomware Losses May Reach $70 Million

Cognizant Ransomware Losses May Reach $70 Million

Global BPO firm Cognizant (NASDAQ:CTSH) who markets itself as a guardian of corporate security, was itself infected by Maze Ransomware, inhibiting and encrypting multiple corporate systems last month. Now the New Jersey based company says on an earnings call that the dollar value of the losses caused by the penetration in the second quarter of...

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