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Tag: Cyber crime

Coop, other ransomware-hit firms, could take weeks to recover, say experts

Computer systems of several companies across the world, including 800 physical grocery stores of Sweden’s Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, cyber security experts said.

Like ‘Terminator,’ high-tech cyber crime to ‘keep coming’

Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings Inc (8630.T) said on Tuesday.

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