Collaborate Disseminate
The Ryuk and Sodinokibi ransomware families both contributed to an increase in the ransom amounts demanded by attackers over the past quarter. Coveware found that the average ransom amount demanded by ransomware attacks in Q1 2020 was $111,605. This am… Continue reading Increase in Ransomware Demand Amounts Driven by Ryuk, Sodinokibi
The current upsurge in hackers looking to take advantage of the COVID-19 pandemic has been well-documented, be they scammers and financially motivated hackers or well-funded and skilled state-sponsored groups. This in itself does not say much about th… Continue reading Hospitals Forced to Fight Another Pandemic
Encryption has become key to many cyber defense strategies, with organizations looking to more securely protect their data and privacy, as well as meet stricter compliance regulations including Europe’s GDPR and the California Consumer Privacy Act. It… Continue reading Keeping Up With Encryption in 2020
Ransomware attacks on a prominent insurer’s client base rose by more than 100% last year, driven by new attacks on healthcare, professional services and financial institutions, according to new figures released Monday. Beazley Breach Response services, a unit of the London-based insurance firm, said Monday that its clients reported 775 ransomware attacks in 2019, a 131% increase over the previous year. The spike was motivated by a combination of factors, including the increased accessibility of pernicious strains of malicious software, higher demands and the simple inability of enterprises to fend off phishing emails or protect remote desktop protocol technology. The numbers are the latest addition to a pervasive ransomware problem that has been difficult to quantify. Victims often do not report attacks to law enforcement, while extortion demands range from thousands to millions of dollars. Meanwhile insurers like Beazley are asked to cover ransomware claims, and typically keep their risk […]
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Continue reading Beazley: ransomware claims more than doubled in the last year
While PXJ performs typical ransomware functions, it does not appear to share the same underlying code with most known ransomware families. Continue reading Researchers Warn of Novel PXJ Ransomware Strain
As it stands, ransomware is the cybersecurity problem that refuses to disappear. What started as malware specifically targeting home users is now targeting government departments and enterprise organizations. Not even Fortune 500 companies are safe fr… Continue reading MedusaLocker Leaves No Network Drive Safe
Ryuk, DoppelPaymer, Parinacota and other ransomware groups are getting more sophisticated, Microsoft warns. Continue reading Next-Gen Ransomware Packs a ‘Human’ Punch, Microsoft Warns
Its been a while since we decoded Trickbot configs to see what banks and organizations were being actively targeted. While recently most of the news about Trickbot has been how it drops the Ryuk Ransomware, and that is certainly important, we can… Continue reading What sites is Trickbot targeting?
Almost a year after getting infected with ransomware, the City of Cartersville in the U.S. State of Georgia this week admitted to paying ransomware operators $380,000 to unlock its systems. Cartersville reportedly got infected in early May last year wh… Continue reading City of Cartersville Admits Paying Ryuk Ransomware Operators $380,000
A roundup of UK focused cyber and information security news stories, blog posts, reports and threat intelligence from the previous calendar month, January 2020.After years of dither and delay the UK government finally nailed its colours to the mast, no… Continue reading Cyber Security Roundup for February 2020