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Category: Cyber Threats

News – Bangladesh Government to sue US Federal Reserve Bank

By Prempal Singh 0 Comment June 17, 2016

Bangladesh Government to sue US Federal Reserve Bank over $130m hack The administration of Bangladesh is thinking about legal action against the Federal Reserve Bank of New York after $130 million was stolen from its records, with some it obviously being laundered through gambling clubs in The Philippines. A portion of the cash, about $26.5m, […]

What is Ransomware & Types of Ransomware

By Prempal Singh 0 Comment June 17, 2016

Evolution and History of Ransomware: The scope and sophistication of ransomware are evolving at very high rate and there is a need to develop a cyber-security model against ransomware attacks. Adam L Young and Moti Yung knew traces of using public key cryptography for malware attacks for e-money in 1996. First ransomware is written by […]

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