Tag Archives for " ransomware "

Cryptomining replaces ransomware as 2018’s top cybersecurity threat

Cryptomining has taken ransomware’s place as the top cybersecurity threat in 2018, according to Webroot’s Mid-Year Threat Report Update. Focusing on trends in the first half of 2018, the report discovered cyberattack vectors becoming increasingly advanced and sophisticated, according to the Tuesday press release for the report.

Full article: Cryptomining replaces ransomware as 2018’s top cybersecurity threat – TechRepublic

73% of CISOs companies resigned to data breaches are stockpiling cryptocurrency to pay off ransoms, survey reveals

In an evolving threat landscape, the report revealed that 73% of CISOs companies resigned to data breaches are stockpiling cryptocurrency to pay off ransoms; and the vast majority (79%) of stockpilers have actually paid a ransom.

Source: 73% of CISOs companies resigned to data breaches are stockpiling cryptocurrency to pay off ransoms, survey reveals

Ransomware reigns supreme in 2018, as phishing attacks continue to trick employees

Ransomware was the cause of 39% of malware-related data breaches, more than double that of last year, according to Verizon’s annual Data Breach Investigations Report.

This is the report’s 11th edition, analyzing more than 53,000 security incidents and 2,216 breaches from 65 countries.

Source: Ransomware reigns supreme in 2018, as phishing attacks continue to trick employees – TechRepublic

Recent DDoS attacks include buried ransom demands for Monero

Security researchers with the internet services company Akamai have noticed something unusual as they’ve responded to a spate of recent DDoS attacks. Buried beneath the traffic deluge designed to grind a target’s web traffic to a halt are ransom notes.

“It’s actually like a DDoS attack with a phishing attack with an extortion attack all rolled into one,” said Chad Seaman, a senior engineer with Akamai’s security intelligence response team, in an interview with Fortune. “When we saw it we were like, huh, clever bastards.”

Source: Recent DDoS attacks include buried ransom demands for Monero

Strategic cyber criminals likely to capitalise on GDPR

As cyber criminals concentrate on targeted, strategic, money-making attacks, they are likely to use GDPR fines as leverage to extort money from organisations, a report warns.

The past 12 months have seen an increase in ransomware, cryptocurrency mining and business email compromise attacks, according to the latest security roundup report by security firm Trend Micro.

Source: Strategic cyber criminals likely to capitalise on GDPR

Recent OCR Newsletter Highlights Growing Cyber Extortion Threat for Healthcare Organizations

The OCR’s January 2018 newsletter details specific types of cyber extortion that healthcare organizations are currently encountering, including ransomware, denial of service attacks, distributed denial of service attacks and theft of protected health information (PHI).

Source: Recent OCR Newsletter Highlights Growing Cyber Extortion Threat for Healthcare Organizations

New Ransomware ‘Bad Rabbit’ Spreading Quickly Through Russia and Ukraine

There’s a potentially massive new ransomware spreading in Eastern Europe. The malware, dubbed Bad Rabbit, has hit three Russian media outlets, including the news agency Interfax, according to Russian security firm Group-IB. Once it infects a computer, Bad Rabbit displays a message in red letters on a black background, an aesthetic used in the massive NotPetya ransomware outbreak.

Source: New Ransomware ‘Bad Rabbit’ Spreading Quickly Through Russia and Ukraine – Motherboard

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