GermanWiper Ransomware Hits Germany Hard, Destroys Files But Asks For A Ransom

For the past week, a new ransomware strain has been wreaking havoc across Germany. Named GermanWiper, this ransomware doesn't encrypt files but instead it rewrites their content with ...

July 30, 2019 Stu Sjouwerman

New Ransomware Strain Spreads Via SMS

A new Android ransomware strain was discovered by ESET researchers. It uses the victim's contact list to spread further using SMS messages that have malicious links.

July 29, 2019 Stu Sjouwerman

Two Puerto Rico Hospitals Hit With Ransomware That Encrypts 520,000 Patient Records

The two hospitals were hit by ransomware infections and are one of the largest data breaches reported by the U.S. Department of Health. This particular incident encrypted all kinds of ...

July 27, 2019 Stu Sjouwerman

Here Is Some Great InfoSec Budget Ammo From UBS

A KnowBe4 employee forwarded this PDF to me. There is a very interesting point in here: your cybersecurity practices affect the valuation of your company. That should get the attention of ...

July 25, 2019 Stu Sjouwerman

This Year, Phishing Causes Losses of $17,700 per minute And Ransomware Attacks Will Cost $22,184 Per Minute

Global losses to cybercrime total $1.5 trillion per year, which amounts to $2.9 million per minute, a new report by RiskIQ shows. Some of the largest companies are losing $25 each minute ...

July 24, 2019 Stu Sjouwerman

Ransomware Attacks Costs Nearly Triple in 2019 to over $36K Per Attack

The latest data from ransomware recovery vendor, Coveware, outlines the current state of the cost, duration, and recovery rate of ransomware attacks today.

July 15, 2019 Stu Sjouwerman

Is ‘REvil’ the New GandCrab Ransomware?

Brian Krebs wrote: "The cybercriminals behind the GandCrab ransomware-as-a-service (RaaS) offering recently announced they were closing up shop and retiring after having allegedly earned ...

July 12, 2019 Stu Sjouwerman

[Heads-up] New eCh0raix Ransomware Strain Targets NAS Devices

ITPro Today reported: "The eCh0raix ransomware uses a brute-force credential attack to gain access to data stored in QNAP NAS devices.

July 11, 2019 Stu Sjouwerman

Pay or Not Pay the Ransom? What’s Your Opinion?

The debate over whether to pay or not to pay the ransom once your system is encrypted is heating up. Yesterday, the US Conference of Mayors approved a resolution coming down in favor of ...

July 11, 2019 Stu Sjouwerman

Effects of Ransomware Don’t End With the Ransom

A Florida city is still struggling to recover from a ransomware attack two weeks after the city paid the ransom, according to the New York Times. The attack began after a city employee ...

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