Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it's been generating and the relative ease of use for attackers - including support from a burgeoning cybercrime-as-a-service market.
The Lazarus Group, a North Korean hacking operation also known as Hidden Cobra, is deploying TFlower ransomware, using its MATA malware framework, security firm Sygnia reports.
Fortinet’s FortiGuard Labs is out with its latest Global Threat Report, this one reflecting on the second half of 2020. No surprise: After the SolarWinds attack, supply chain security takes center stage. But don’t forget about ransomware and the ongoing attacks on new home branch offices.
Using a nearly 20-year-old file transfer product - what could go wrong? Among the many lessons to be learned from the Accellion File Transfer Appliance mess is this: Attackers will devote substantial resources to reverse-engineer hardware, software or a service if there's a financial upside.
In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
A new malware loader dubbed "Gootloader" is using search engine optimization techniques to spread ransomware, Trojans and other malware, the security firm Sophos reports.
The cryptocurrency company Tether has refused to pay a ransom of 500 bitcoins ($24 million) after hackers threatened to leak sensitive data if the company failed to pay.
Cyber-criminals have become thoughtful about ransomware attacks; taking time to maximize your organization’s potential damage and their payoff. Protecting your network from this growing threat is more important than ever. And nobody knows this more than Roger Grimes, Data-Driven Defense Evangelist at KnowBe4.
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Prolific Ryuk ransomware has a new trick up its sleeve. "A Ryuk sample with worm-like capabilities - allowing it to spread automatically within networks it infects" was recently discovered during an incident response effort, warns CERT-FR, the French government's computer emergency response team.
Ransomware continues to sting numerous organizations, and the problem only seems to be getting worse. More than ever, the onus is on potential victims to ensure they have essential defenses in place - and if possible, to proactively hunt for attackers who may already be inside their network.
The U.S. Department of Homeland Security will provide an additional $25 million in grants to state and local cybersecurity preparedness programs with a particular focus on combatting ransomware, Secretary Alejandro Mayorkas announced Thursday.
There is a reason more than half of today’s ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organisation’s potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
The "Cuba" ransomware gang has hit Seattle-based Automatic Funds Transfer Services, which processes data from California's Department of Motor Vehicles as well as many cities in Washington. Victim organizations say AFTS is investigating the incident and that an unknown amount of individuals' data was exposed.
In light of the threat of ransomware attacks, healthcare organizations need to take extra steps to ensure their systems are adequately backed up - and that those backups are protected, says Martin Littmann of Kelsey-Seybold Clinic. He'll be a speaker at ISMG's Virtual Cybersecurity Summit: Healthcare.
Individuals suspected of providing hacking, logistical and financial support to the Egregor ransomware-as-a-service operation have been arrested by police in Ukraine as part of a joint operation with French cybercrime police coordinated by Europol, according to a French media report.
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