New Ransomware Strain Epsilon Red is Reported

Researchers at Sophos report finding a new ransomware strain in the wild. They call it “Epsilon Red.” The malware is written in GO, and it was delivered as the final executable payload in ...

May 28, 2021 Stu Sjouwerman

New Would-Be Ransomware Attack Only Focuses on Stealing Data via the Java-Based STRAAT Malware

New details from Microsoft Security Intelligence discuss an attack that displays ransomware-like behavior, but simply seeks to install the credential theft-focused remote access trojan.

May 26, 2021 Roger Grimes

Cybersecurity Insurance Landscape Is Fundamentally Changing Right Now

By Roger Grimes. Ransomware is stealing so much money and interrupting so many businesses that it might be the beginning of their undoing. It is certainly radically changing the ...

May 21, 2021 Stu Sjouwerman

Ransomware-as-a-Service is Organizing, Becoming More Devastating and Costly

Take a look at the complex relationships that exist today between the ransomware gangs and the various services they utilize, and you quickly realize this is a very organized and ...

May 14, 2021 Roger Grimes

Paying the Ransom Is Not Just About Decryption

I just read that a well-known pipeline company paid $5M to the ransomware hacker group. And despite that, they are still having to use their backups because the decryption process is too ...

May 14, 2021 Stu Sjouwerman

Kicking You While You’re Down: Ransomware Attacks Begin to Adopt a “Triple Extortion” Model

New tactics spotted by security researchers at CheckPoint indicate a growing pattern by ransomware gangs to use additional extortion actions to increase revenues and ensure payment.

May 14, 2021 Stu Sjouwerman

Ransomware Attack Demands Cause Cyber Insurance Claim Amounts to Skyrocket

The perfect storm of large enterprises, cyber insurance policies, successful ransomware attacks, and ransom demands in the tens of millions now consistently result in seven-figure claim ...

May 11, 2021 Perry Carpenter

[ALERT] Time to Truly Reckon with the Dark Reality of Ransomware’s Critical Costs

By now, I’m sure you’ve already been inundated with all the news about the US’s largest gasoline pipeline being shut down and restarted because of a ransomware attack. As reported by the ...

May 7, 2021 Stu Sjouwerman

Student’s Attempt to Pirate Software Leads to Ryuk Ransomware Attack

Bleeping Computer recently reported that a student attempted to pirate expensive data visualization software, which resulted in a Ryuk ransomware attack.

May 4, 2021 Stu Sjouwerman

A Snapshot of the Ransomware Landscape

Organizations need to take steps to disrupt the ransomware industry by making these attacks more expensive to carry out, according to Jen Miller-Osborn from Palo Alto Networks' Unit 42. ...

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