Ransomware

Ransomware tactics evolve, become scrappier

Ransomware tactics evolve, become scrappier 2024-02-12 at 07:02 By Help Net Security As we enter 2024, ransomware remains the most significant cyberthreat facing businesses, according to Malwarebytes. Malwarebytes reveals that the United States accounted for almost half of all ransomware attacks in 2023. “Small and medium-sized organizations face a deluge of cyber threats daily including […]

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US Offers $10M Reward for Information on Hive Ransomware Leaders

US Offers $10M Reward for Information on Hive Ransomware Leaders 2024-02-09 at 13:46 By Ionut Arghire One year after taking down Hive ransomware, US announces a $10 million reward for information on the group’s key members. The post US Offers $10M Reward for Information on Hive Ransomware Leaders appeared first on SecurityWeek. This article is

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Ransomware Payments Surpassed $1 Billion in 2023: Analysis

Ransomware Payments Surpassed $1 Billion in 2023: Analysis 2024-02-08 at 20:47 By Eduard Kovacs The payments made by victims in response to ransomware attacks doubled in 2023 compared to 2022, according to Chainalysis. The post Ransomware Payments Surpassed $1 Billion in 2023: Analysis appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS

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Akira, LockBit actively searching for vulnerable Cisco ASA devices

Akira, LockBit actively searching for vulnerable Cisco ASA devices 2024-02-08 at 14:31 By Zeljka Zorz Akira and Lockbit ransomware groups are trying to breach Cisco ASA SSL VPN devices by exploiting several older vulnerabilities, security researcher Kevin Beaumont is warning. They are targeting vulnerabilities for which patches have been made available in 2020 and 2023.

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As-a-Service tools empower criminals with limited tech skills

As-a-Service tools empower criminals with limited tech skills 2024-02-08 at 06:01 By Help Net Security As-a-service attacks continue to dominate the threat landscape, with Malware-as-a-Service (MaaS) and Ransomware-as-a-Service (RaaS) tools making up the majority of malicious tools in use by attackers, according to Darktrace. Cybercriminals exploit as-a-Service tools As-a-Service tools can provide attackers with everything

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A Chicago Children’s Hospital Has Taken Its Networks Offline After a Cyberattack

A Chicago Children’s Hospital Has Taken Its Networks Offline After a Cyberattack 2024-02-06 at 16:01 By Associated Press Chicago children’s hospital forced to take networks offline after cyberattack, limiting access to medical records and hampering communication. The post A Chicago Children’s Hospital Has Taken Its Networks Offline After a Cyberattack appeared first on SecurityWeek. This

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Paying ransoms is becoming a cost of doing business for many

Paying ransoms is becoming a cost of doing business for many 2024-02-06 at 06:02 By Help Net Security Today’s pervasive cyberattacks are forcing the majority of companies to pay ransoms and break their ‘do not pay’ policies, with data recovery deficiencies compounding the problem, according to Cohesity. In fact, most companies have paid a ransom

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Clorox Says Cyberattack Costs Exceed $49 Million

Clorox Says Cyberattack Costs Exceed $49 Million 2024-02-02 at 18:16 By Eduard Kovacs Cleaning products maker Clorox puts the impact of the damaging cyberattack at $49 million so far and expects to incur more costs in 2024. The post Clorox Says Cyberattack Costs Exceed $49 Million appeared first on SecurityWeek. This article is an excerpt

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Johnson Controls Ransomware Attack: Data Theft Confirmed, Cost Exceeds $27 Million

Johnson Controls Ransomware Attack: Data Theft Confirmed, Cost Exceeds $27 Million 2024-02-01 at 13:46 By Eduard Kovacs Johnson Controls confirms that the recent ransomware attack resulted in data theft and says expenses reached $27 million.  The post Johnson Controls Ransomware Attack: Data Theft Confirmed, Cost Exceeds $27 Million appeared first on SecurityWeek. This article is

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Free ransomware recovery tool White Phoenix now has a web version

Free ransomware recovery tool White Phoenix now has a web version 2024-01-31 at 10:17 By Help Net Security White Phoenix is a free ransomware recovery tool for situations where files are encrypted with intermittent encryption. It was tested on BlackCat/ALPHV Ransomware, Play Ransomware, Qilin/Agenda Ransomware, BianLian Ransomware, and DarkBit. Intermittent encryption occurs when ransomware chooses

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Cybercriminals replace familiar tactics to exfiltrate sensitive data

Cybercriminals replace familiar tactics to exfiltrate sensitive data 2024-01-31 at 06:35 By Help Net Security Ransomware attacks are increasing again as cybercriminals’ motivation shifts to data exfiltration, according to Delinea. The familiar tactics of crippling a company and holding it hostage have been replaced by new strategies that use stealth to exfiltrate private and sensitive

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The Ransomware Threat in 2024 is Growing: Report

The Ransomware Threat in 2024 is Growing: Report 2024-01-30 at 19:02 By Kevin Townsend Anyone who believes ransomware will go away doesn’t understand the nature of criminality. Extortion has and always will be a primary criminal business plan. The post The Ransomware Threat in 2024 is Growing: Report appeared first on SecurityWeek. This article is

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Schneider Electric Division Responding to Ransomware Attack, Data Breach 

Schneider Electric Division Responding to Ransomware Attack, Data Breach  2024-01-30 at 14:39 By Eduard Kovacs Schneider Electric’s Sustainability Business division disrupted as a result of a ransomware attack and data breach.  The post Schneider Electric Division Responding to Ransomware Attack, Data Breach  appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed

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Ransomware recap 2023 highlights cybersecurity crisis

Ransomware recap 2023 highlights cybersecurity crisis 2024-01-30 at 07:02 By Help Net Security In this Help Net Security video, Yochai Corem, CEO of Cyberint, explores the ransomware environment’s development, effects, and emerging patterns throughout the previous year. 2023 marked a historic high for ransomware groups, with a 55.5% increase in attacks, reaching 4,368 victims globally,

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Canadian Man Sentenced to Prison for Ransomware Attacks

Canadian Man Sentenced to Prison for Ransomware Attacks 2024-01-29 at 18:21 By Ionut Arghire Matthew Philbert was sentenced to two years for launching cyberattacks on Canadian businesses and government entities. The post Canadian Man Sentenced to Prison for Ransomware Attacks appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original

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What makes ransomware victims less likely to pay up?

What makes ransomware victims less likely to pay up? 2024-01-26 at 08:34 By Zeljka Zorz There’s a good reason why ransomware gangs started exfiltrating victims’ data instead of just encrypting it: those organizations pay more. University of Twente researcher Tom Meurs and his colleagues wanted to know which factors influence victims to pay the ransom

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AI expected to increase volume, impact of cyberattacks

AI expected to increase volume, impact of cyberattacks 2024-01-25 at 12:16 By Helga Labus All types of cyber threat actor are already using artificial intelligence (AI) to varying degrees, UK National Cyber Security Centre’s analysts say, and predict that AI “will almost certainly increase the volume and heighten the impact of cyberattacks over the next

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Organizations invest more in data protection but recover less

Organizations invest more in data protection but recover less 2024-01-24 at 06:32 By Help Net Security 92% of organizations will increase 2024 data protection spend, to achieve cyber resilience amidst continued threats of ransomware and cyberattacks, according to Veeam Software. Respondents shared that cyberattacks remain the top cause of outages and that while organizations are

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