With so many cybercrime markets continuing to disappear, why haven't encrypted messaging apps stepped in to fill the gap? They might seem to be the perfect solution to admins stealing buyers' and sellers' cryptocurrency - via an exit scam - or police infiltration. But encrypted apps have their own downsides.
Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
Check Point Research analysts have observed a significant rise in online attacks against the educational sector worldwide since July. DDoS attacks have surged in the U.S., while European institutions have been hit by ransomware.
A ransomware attack that reportedly was directed at a German university but shut down emergency services at an affiliated hospital likely contributed to the death of a patient who needed urgent treatment but instead had to be transported to another hospital, delaying care, according to a news report.
Stop me if you think you've heard this one before: Some ransomware attackers are hiding attack code in virtual machines or creating new leaking sites to pressure victims into paying.
The move to Microsoft 365 (formerly known as Office 365) was rushed forward at record pace due to an overnight work-remote push globally. Looking back, cyber security agencies are recommending a revisit to configuration settings, a review of optional built-in enhancements and third-party bolt-on tools to provide that...
The number of individuals affected by the May ransomware attack on cloud-based software vendor Blackbaud continues to soar. And breach reports tied to the incident now total over 170, according to one estimate.
Since March, the operators behind ProLocker ransomware have focused on targeting large enterprise networks with ransomware demands sometimes exceeding $1 million, the security firm Group-IB reports. The gang has recently started to use the Qbot banking Trojan.
After a six-month hiatus, the Zeppelin ransomware variant returned in late August, according to Juniper Threats Labs. The malware now uses an updated Trojan downloader to better hide its activities from security tools.
The latest edition of the ISMG Security Report analyzes how criminals keep finding new ways to make ransomware victims pay. Also featured: Preventing digital currency counterfeits; a proposed health data privacy framework.
When startups succeed, they typically hire more employees to handle increasingly specialized tasks. The same goes for ransomware gangs, which, as they grow, have been hiring experts with advanced hacking, encryption, negotiation and other skills to help take down larger targets, says Coveware's Bill Siegel.
With apologies to Jay-Z, getting hit with ransomware might make victims feel like they have 99 problems, even if a decryptor ain't one. That's because ransomware-wielding gangs continue to find innovative new ways to extort cryptocurrency from crypto-locking malware victims.
As the world reacted to COVID-19, threat actors saw an opportunity to capitalize on the pandemic to propagate malware. Workers across the globe were forced to adapt to remote work, which created a major shift in the cyber threat landscape as threat actors saw the opportunity to target remote technologies.
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Ransomware continues to pose a "significant" threat, and email remains one of the top attack vectors being used by both criminals and nation-states, Australia's Cyber Security Center warns in its latest "Cyber Threat Report," which urges organizations to improve their defenses.
The number of cybersecurity incidents reported to the U.K.'s data privacy watchdog has continued to decline, recently plummeting by nearly 40%. But is the quantity of data breaches going down, or might organizations be failing to spot them or potentially even covering them up?
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