Travelex, a London-based foreign currency exchange that does business in 26 countries, including the U.S., paid a ransomware gang $2.3 million to regain access to its data following an attack, the Wall Street Journal reports. The incident crippled the company's customer services for weeks.
Cybercrime groups and nation-state hacking gangs are continuing to exploit the COVID-19 pandemic to further their aims, U.K. and U.S. security agencies warn in a joint alert. While overall attack levels haven't increased, they say, "the frequency and severity of COVID-19-related cyberattacks" looks set to surge.
As the COVID-19 outbreak has intensified, so too has cybercrime, including ransomware, Interpol, the international crime-fighting agency, warns. Despite some gangs claiming to no longer be targeting healthcare organizations, experts have seen "no abatement, empathy or free decryptor" from any of them.
A recently uncovered spear-phishing campaign is using fears of the COVID-19 pandemic to spread an information stealer called LokiBot. FortiGuard Labs researchers find that cybercriminals are once again using World Health Organization images as a lure.
Healthcare professionals are on the front line in the war against COVID-19, and cybersecurity leaders bear unique pressure to support and secure their efforts. But amid this crisis, Anahi Santiago, CISO of ChristianaCare, also sees tremendous strides in telehealth delivery.
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.