This Service Helps Malware Authors Fix Flaws in their Code

Almost daily now there is news about flaws in commercial software that lead to computers getting hacked and seeded with malware. But the reality is most malicious software also has its share of security holes that open the door for security researchers or ne’er-do-wells to liberate or else seize control over already-hacked systems. Here’s a look at one long-lived malware vulnerability testing service that is used and run by some of the Dark Web’s top cybercriminals. Continue reading This Service Helps Malware Authors Fix Flaws in their Code

REvil hackers leaks email conversation on Trump amid ransom demand

By Sudais Asif
The leak came a day after the REvil ransomware group demanded $42 million to keep Trump’s ‘dirty laundry’ offline.
This is a post from HackRead.com Read the original post: REvil hackers leaks email conversation on Trump amid ransom deman… Continue reading REvil hackers leaks email conversation on Trump amid ransom demand

Pay $42m or Trump’s ‘dirty laundry’ goes online – REvil ransomware hackers

By Waqas
The REvil ransomware attack which is also known as Sodinokibi.
This is a post from HackRead.com Read the original post: Pay $42m or Trump’s ‘dirty laundry’ goes online – REvil ransomware hackers
Continue reading Pay $42m or Trump’s ‘dirty laundry’ goes online – REvil ransomware hackers

REvil Ransomware Attack Hits A-List Celeb Law Firm

Cybercriminals used the REvil ransomware to attack a law firm used by the likes of Lady Gaga, Drake and Madonna. Now, they’re threatening to leak the 756 gigabytes of stolen data. Continue reading REvil Ransomware Attack Hits A-List Celeb Law Firm

Increase in Ransomware Demand Amounts Driven by Ryuk, Sodinokibi

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

Hospitals Forced to Fight Another Pandemic

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

Beazley: ransomware claims more than doubled in the last year

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 […]

The post Beazley: ransomware claims more than doubled in the last year appeared first on CyberScoop.

Continue reading Beazley: ransomware claims more than doubled in the last year