cyber attack

Largest Ever Bitcoin Ransom: Cencora Shells Out $75 Million After Cyberattack

September 18, 2024

The cost of cybercrime is reaching staggering new heights, as evidenced by a record-breaking ransomware payment made by a major drug distributor. Cencora Inc. shelled out a jaw-dropping $75 million in Bitcoin to hackers following a ransomware attack, marking the largest known cyber extortion

Security

MoneyGram Confirms Cybersecurity Issue Behind Ongoing Outage

September 25, 2024

MoneyGram has confirmed that a cybersecurity issue is behind the ongoing outage affecting its services. In a statement on Monday, the Dallas-based company revealed that a cybersecurity incident had impacted some of its systems, leading to significant disruptions. The outage was first reported last Friday, and users across multiple regions have continued to experience difficulties