Ransomware-wielding criminals are growing increasingly ruthless, based on the size of their extortion demands, their increasing propensity to leak data in an attempt to force victims to pay and their greater focus on taking down big targets. These tactics, unfortunately, appear to be working.
The latest edition of the ISMG Security Report discusses securing RDP to prevent ransomware attacks. Also featured: A look at three likely scenarios for the COVID19 pandemic, and an analysis of why we're still using PINs for certain card payments.
Australian shipping giant Toll Group has vowed to again not pay a ransom after suffering its second ransomware attack of the year. In the latest incident, however, the company warns that attackers also stole corporate data - and it may get leaked.
In discussions around the future of AI and cyber-threats, we often wonder when we can expect to see malicious or offensive AI attacks in the wild. While we have not yet seen conclusive evidence of their execution, we can anticipate that AI-driven cyber-attacks are not years away, but a very real possibility in the...
Many criminals are continuing to tap cybercrime platforms and services to make it easier to earn an illicit paycheck, sometimes by combining tools, such as Emotet, Ryuk and TrickBot. This "loader-ransomware-banker trifecta has wreaked havoc" in recent years, says security firm Intel 471.
The operator of a newly discovered botnet dubbed "Dark Nexus" is offering cybercriminals access to an array of capabilities, include the ability to launch DDoS attacks on demand, according researchers at Bitdefender.
A recently uncovered spear-phishing campaign is using fears of the COVID-19 pandemic to spread an information stealer called LokiBot. FortiGuard Labs researchers find that cybercriminals are once again using World Health Organization images as a lure.
Emotions about the global pandemic are running high, and attackers are taking advantage. Researchers have observed criminals spreading malware by impersonating official sources, distributing malicious COVID-19 maps and trackers, and malvertising on coronavirus-related news stories.
As security professionals, we...
Russian authorities typically turn a blind eye to cybercrime committed by citizens, provided they target foreigners. But as the recent "BuyBest" arrests of 25 individuals demonstrate, authorities do not tolerate criminals that target Russians, and especially not anyone who targets Russian banks.
A variant of the TrickBot Trojan bypasses two-factor authentication for mobile banking, for example, by intercepting one-time codes sent over SMS, according to IBM X-Force.
Microsoft has confirmed that a serious flaw in Windows SMB_v3 exists that could be exploited by attackers to remotely seize control of vulnerable systems. While no attacks have been seen in the wild, no patch for the wormable flaw is yet available. A workaround exists for servers, but not clients.
The rapidly evolving threat environment requires a multilayered protection strategy - one that closes the technical and human gaps - for every organization to maximize its cybersecurity performance and minimize the risk of falling victim to sophisticated attacks, including phishing, malware and ransomware which can...
Visser Precision, a U.S. manufacturer that supplies Boeing, Lockheed Martin, Tesla and SpaceX, appears to have been hit by the DoppelPaymer ransomware gang, which has begun leaking internal data and threatening to leak more unless the victim pays a ransom.
The operators behind the "Raccoon" infostealer Trojan have added new capabilities to this malware-as-service offering, which now has the ability to steal data from over 60 applications, according to researchers at the security firm CyberArk.
Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
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