With ransomware attacks surging, all organizations should ensure they have an enterprise backup and disaster recovery plan in place, and eliminate all unnecessary, outdated or disused applications and services running on endpoints and servers, says ESET's Mark James.
Ransomware, regulations, botnets, information sharing and policing strategies were just some of the topics that dominated the "International Conference on Big Data in Cyber Security" hosted by Edinburgh Napier University in Scotland.
The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
What could be worse than a ransomware infection? How about getting infected by "torture ransomware" that uses a sadistic puppet to taunt you, slowly deleting your encrypted files while increasing the ransom demand until you pay?
Multiple hospitals from Hollywood to Germany have been hit recently by ransomware attacks. It's a reminder that no organization is immune to outbreaks of malware that's designed to forcibly encrypt all data stored on PCs and servers.
Buoyed by massive illicit profits, cybercriminals have continued to refine their ransomware attacks, including updating their crypto techniques to foil decryption tools, encrypting file names and threatening to leak stolen secrets.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
Warning: All versions of Flash Player are vulnerable to a zero-day, weaponized exploit that became public when Italian spyware vendor Hacking Team was hacked, and 400 GB of corporate data leaked. Adobe has released an update to patch the flaw.
Part 1 - Fraud Ecosystem
In June this year, the "Ronald Reagan" batch of credit cards (potentially those stolen from P.F. Chang's) joined the "Barbarossa" batch from Target in becoming publicly available for purchase. These cards were featured on the popular Rescator card shop (stolen card data marketplace), which...