New ransomware grows 118% as cybercriminals adopt fresh tactics and code innovations

McAfee Labs saw an average of 504 new threats per minute in Q1 2019, and a resurgence of ransomware along with changes in campaign execution and code.

Ransomware Criminals Hack Dental Software Company And Take Hundreds Of Customers' Systems Hostage

Hundreds of dental practice offices in the US have had their computers infected with ransomware this week, ZDNet has learned from a source.

Why Are Insurance Companies Insisting To Pay Ransom For Ransomware Attacks?

This week, ProPublica published a report describing how insurance companies now prefer to fork over hundreds of thousands of dollars / pounds / Euros in ransom to minimize the detriment ...

Business Detections of Ransomware Attacks Have Grown by 365%

The latest data from Malwarebyte’s report Cybercrime Tactics and Techniques: Ransomware Retrospective shows businesses are at risk of ransomware attack now more than ever.

MegaCortex Ransomware goes Fully Automated, Putting Enterprises at Risk of Ransoms in the Millions

A new version of MegaCortex has been spotted, upgrading it from a manual, targeted form of ransomware, to one that can be spread and do damage enterprise-wide.

Ransomware Hits Fortnite Players

DarkReading reports: "Ransomware masquerading as game "cheats" is hitting Fortnite players. Fortunately, there are ways to recover without paying a ransom." Similar to phishing attacks on ...

Is The Ransomware Debate Over? To Pay Or Not To Pay, The Conference Of Mayors Made Up Their Mind

The long-standing argument over whether or not to pay may have come to an end, with a resolution from the U.S. Conference of Mayors calling on cities to not pay up.

U.S. Government Stresses the Need for Cybersecurity Awareness and Education in Light of Ransomware Attacks on Government Entities

In light of the recent string of attacks that seem to be targeting government agencies and municipalities, a new multi-agency press release provides guidance on how to be resilient.

Three Lessons from a Recent MegaCortex Ransomware Phishing Attack

The MegaCortex strain of ransomware has been used in criminal campaigns targeting businesses as opposed to private individuals. The QuickBooks cloud-hosting firm iNSYNQ, has sustained ...

Varieties of Extortion Experience

We are all familiar with ransomware and its increasingly dangerous cousin, wiper malware. The first encrypts your files and demands ransom payments in exchange for the decryption key. The ...