More bad ransomware news: Following in the footsteps of Maze, now even more cybercrime gangs are threatening to not only crypto-lock systems but also leak stolen data. Such moves come following a banner year for ransomware operators, who are continuing to bring more advanced tactics to bear.
Finastra, a large financial services software provider based in London, continues to recover from a ransomware attack that forced the company to take its IT operations offline Friday to prevent further damage to its corporate network, according to the company's CEO.
With the declaration of COVID-19 as a pandemic, and the global shift to work from home, Tom Kellermann of VMware Carbon Black sees a corresponding increase in hacking and espionage attempts against U.S. agencies, businesses and citizens. He says add "digital distancing" to your precautions.
As cybercriminals and nation-states take advantage of the COVID-19 pandemic to further their own aims, authorities are calling on victims to report online attacks as quickly as possible to help them better disrupt such activity.
Attackers are continuing to use concerns over COVID-19 to distribute ransomware and malware, including for smartphones. The healthcare sector is perhaps at the greatest risk from these attacks because it's serving as the front-line defense against the disease.
As the COVID-19 pandemic intensifies, public health efforts are being complicated by ransomware attacks continuing to hit healthcare facilities that are not only handling cases but also running frontline virus-testing labs.
Microsoft has confirmed that a serious flaw in Windows SMB_v3 exists that could be exploited by attackers to remotely seize control of vulnerable systems. While no attacks have been seen in the wild, no patch for the wormable flaw is yet available. A workaround exists for servers, but not clients.
Security firm Emsisoft is offering free, customized decryptors to victims of PwndLocker ransomware, which first surfaced in late 2019 and has been tied to attacks against Lasalle County in Illinois and the Serbian city of Novi Sad, with the gang demanding up to $660,000 or more in bitcoins from its victims.
New ransomware variants are targeting managed service and cloud service providers: This is one of the predictions made by WatchGuard Technologies for 2020. CTO Corey Nachreiner discusses the top three predictions.
Targeted ransomware attacks continue to increase as gangs seek to obtain bigger ransom payoffs by hitting larger targets, aided by a cybercrime services economy that provides access to tools and tactics that were previously the domain of APT groups, security experts warn.
A key disconnect exists between awareness of financial services fraud schemes and mitigation, according to the latest "Faces of Fraud" survey sponsored by Appgate. Mike Lopez, vice president at the firm, describes some key findings.
Visser Precision, a U.S. manufacturer that supplies Boeing, Lockheed Martin, Tesla and SpaceX, appears to have been hit by the DoppelPaymer ransomware gang, which has begun leaking internal data and threatening to leak more unless the victim pays a ransom.
Targeted ransomware attacks against enterprises and government agencies are likely to surge in the coming months as "ransomware as a service" continues to evolve into a lucrative model for cybercriminals, security experts interviewed at RSA 2020 warn.