The Daily Dose

A squad of cybersecurity firms have tracked a ransomware threat spreading across the internet known as Ryuk, which has collected over 705 BTC in just five months, estimated to be worth the equivalent of $3.7 million. Using email phishing campaigns to inject tens of thousands of victims with a banking Trojan called TrickBot, ransomers later hand-picking infected machines believed to be owned by large companies or government organizations on which to deploy Ryuk, ZDNet reports. Once the high-profile machines are selected, Ryuk is built to encrypt all of the targets’ hard drives, locking data until victims contact the hackers and pay a…

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It’s another Monday and that means we have another Moonday Mornings for you. Here’s what you need to catch up on from over the weekend. 1. Nine cryptocurrency mining firms have decided to band together and sue a Washington State utility company after it raised electricity costs. The lawsuit claims the energy supplier operated inappropriately when it created a new rate to raise electricity costs, Bitcoin.com reports. The energy provider, Grant PUD, said the new rate is designed to reduce risk and provide competitive rates to its retail customers. 2. Despite coming up against numerous challenges the Marshall Islands is…

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