Ransomware Operators Threaten to Short Victims’ Stocks

Apr 29, 2021 10:33:38 AM By Stu Sjouwerman

The Darkside ransomware operators are now offering to tip off unscrupulous stock traders before they post the names of publicly traded victim companies, the Record reports. The criminals ...

Ransomware Demands Spike by 43% Already in 2021

Apr 29, 2021 10:33:30 AM By Stu Sjouwerman

Cybercriminal groups are increasing their automated and tactical ransomware attacks. Unfortunately, that also means they have an increase in greed.

[HEADS UP] Ransomware Gangs are Creating Ransomware Cartels

Apr 29, 2021 10:33:20 AM By Stu Sjouwerman

Analysis by threat intelligence group Analyst1 recently uncovered that the bad guys are responsible for forming a ransomware cartel.

Federal Reserve Chairman Jerome Powell Cites Cyberthreats as Current “Biggest Concern” to Financial Institutions

Apr 29, 2021 10:25:54 AM By Stu Sjouwerman

Fears of a resurgence of COVID-19 and increased cyberattacks are mentioned as top risks that can materially impact the finance sector and the economy, by Jerome Powell in a recent ...

Evil Corp Tries to Work Around U.S. Treasury Sanctions Using Hades Ransomware

Apr 29, 2021 10:24:44 AM By Stu Sjouwerman

The cybercriminal group linked to over $100 Million in financial damages has pivoted their execution strategy to bypass sanctions that prevent U.S. companies from paying them ransom.

New Ransomware Task Force Shares Actions To Disrupt Ransomware Cyber Crime

Apr 29, 2021 10:09:32 AM By Stu Sjouwerman

The Ransomware Task Force, a public-party coalition of more than 50 experts, has shared a framework of actions to disrupt the ransomware business model.

The Darkside Ransomware Group Is the Dangerous Poster Child for Today’s Ransomware-as-a-Service

Apr 28, 2021 8:56:59 AM By Stu Sjouwerman

Looking beyond the “older” RaaS threat groups like Ryuk, DoppelPaymer, and Revil, today’s modern ransomware-as-a-service operator is far more business-like and specific in execution.

Eavesdrop on the Back-and-Forth of Negotiating with a Criminal Ransomware Organization

Apr 27, 2021 10:00:58 AM By Stu Sjouwerman

Details around the recent successful ransomware attack on fashion retailer FatFace provide some insight into what you should expect when you become a victim.

The Clop #Ransomware gang is now pressuring customers of victims threatening that their personal, confidential data will be exposed unless a ransom is paid

Apr 7, 2021 8:29:14 AM By Stu Sjouwerman

Brian Krebs just reported: "Some of the top ransomware gangs are deploying a new pressure tactic to push more victim organizations into paying an extortion demand: Emailing the victim’s ...

Encryption, Exfiltration, and Extortion are the Name of the Game as PSYA Ransomware Attacks on Education Organizations Increase

Apr 2, 2021 10:09:11 AM By Stu Sjouwerman

A new warning from the FBI highlights an aggressive campaign of ransomware attacks targeting higher education, K-12 schools, and seminaries, providing specific attack details.

FBI's Newly Release Internet Crime Report Shows Cybercrime has Ramped Up in 2020

Mar 31, 2021 4:17:38 PM By Stu Sjouwerman

The FBI's Internet Crime Complaint Center (IC3) released their annual report, and the number of complaints have skyrocketed in 2020.

UK Report Warns of Ransomware Being the 'Perfect Storm'

Mar 31, 2021 8:56:47 AM By Stu Sjouwerman

According to the recent report by the Royal United Services Institute (RUSI) , they are sending a warning to organisations in the UK that ransomware is becoming more and more costly to ...

Aussie TV Network Taken Off Air by Ransomware

Mar 29, 2021 9:54:27 AM By Stu Sjouwerman

The "early-scoop" Phil Muncaster at InfoSec Mag reported: "An Australian TV network was taken off-air for over 24 hours by suspected state-backed attackers, in what it described as the ...

Average Ransoms Triple while Ransomware Incident Response Costs Pile On

Mar 26, 2021 1:50:04 PM By Stu Sjouwerman

New data shows it’s now clear the biggest problem with ransomware (just after taking down your operation) is all the necessary costs incurred trying to clean up the mess post-attack.

REvil Ransomware Now Helps with Extortion by Offering to Call the Victim’s Contractors and the Media

Mar 26, 2021 1:50:00 PM By Stu Sjouwerman

The bad guys are going to great lengths to ensure they make their money. As part of its Ransomware-as-a-Service, REvil is now expanding its services to aid in the extortion phase.

New UK National Cyber Security Centre Head Warns that Cybersecurity Should be Taken More Seriously

Mar 26, 2021 10:05:59 AM By Stu Sjouwerman

Even though the UK has made 'huge progress' on cybersecurity efforts, the new Chief Executive of the National Cyber Security Centre (NCSC) Lindy Cameron believes that the current efforts ...

A Tale of Two Ransomware Variants: Two Ends of the Ransomware Attack Spectrum

Mar 22, 2021 2:27:08 PM By Stu Sjouwerman

Ransomware attacks are evolving much in the same way any saturated services market would, with specific targets, extortion techniques used, and customer experiences. Two new variants ...

FBI Warns that PYSA Ransomware is Targeting Schools

Mar 22, 2021 9:40:13 AM By Stu Sjouwerman

The FBI has warned of a wave of ransomware attacks against schools and other entities across the United States and the UK.

Ransomware Attacks Are Growing More Costly and Effective by the Day

Mar 17, 2021 2:08:25 PM By Stu Sjouwerman

The availability of commodity bots and ransomware is making the business of ransomware accessible to just about every. And, according to new data, everyone’s getting in on the game.

Exchange Exploit Attempts Surge Sixfold as Ransomware Lands

Mar 15, 2021 9:22:38 AM By Stu Sjouwerman

The Phil Muncaster at Info Security Mag had it first: "The number of global exploit attempts targeting vulnerable Microsoft Exchange servers has risen sixfold over the past few days, as ...

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