Ransomware is now a multi-billion-dollar industry

Despite some of the most prolific ransomware operators eithering retiring or being shut down by law enforcement, the sector continues to grow in sophistication and scale. This is according to a new report from cybersecurity company Group-IB, which claims ransomware is now a multi-billion-dollar industry, with the average payout sitting somewhere between $150,000 and $170,000. As reported by Bleeping Computer, …

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Oracle and Salesforce could face multi-billion-dollar GDPR lawsuit

The class action lawsuit against Oracle and Salesforce, announced earlier this year, has now officially been filed – and the two cloud giants could face huge GDPR fines.  According to Computer Weekly, the duo will have to present their case at the High Court of England and Wales. The pair was sued by privacy campaigner and data protection specialist Rebecca …

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