Ransomware continues to pummel many types of organizations, recently including South Korea's E-Land retail group, French newspaper Paris-Normandie and a Georgia county school system. A ransomware hit against hosting giant Managed.com has resulted in ongoing site outages for numerous others.
The operators behind the Qbot banking Trojan are now deploying a recently uncovered ransomware variant called Egregor to target organizations across the world, according to researchers at Group-IB.
A U.S. unit of Italian-based eyewear maker and eye care center conglomerate Luxottica has reported a breach affecting over 829,000 individuals - the fourth largest health data breach added to the U.S. federal tally so far this year. It's unclear if a recent ransomware attack is related.
Although the global financial industry has made strides in protecting its data from malware, including Trojans, cyberthreats such as network intrusion, ransomware and criminal gang cooperation are presenting fresh challenges, according to the Carnegie Endowment for International Peace.
This edition of the ISMG Security Report features a discussion with Christopher Krebs, the recently fired director of the Cybersecurity Infrastructure Security Agency, on his accomplishments at the agency. Also featured are updates on ransomware gangs recruiting affiliates and healthcare supply chain risks.
Japanese computer game company Capcom acknowledged this week that a November security incident was a Ragnar Locker ransomware attack that resulted in about 350,000 customer and company records, including sales and shareholder data, potentially being compromised.
Over the past five years, ransomware-as-a-service offerings have largely evolved from putting automated toolkits into the hands of subscribers to recruiting affiliates and sharing profits. To maximize revenue, some larger operators are also seeking affiliates with more advanced IT and hacking skills.
The gang behind the Ragnar Locker ransomware posted an ad on Facebook in an attempt to publicly shame a victim so it would pay a ransom. Security experts say the innovative tactic is indicative of things to come.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
There is a reason more than half of today's ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organization's potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
Researchers at Kaspersky have uncovered a Linux version of the RansomEXX ransomware that, until now, had targeted only Windows devices. The ransomware has been tied to several high-profile attacks over the last several months.
Despite the soaring list of customers reporting data breaches tied to the May ransomware attack on Blackbaud - and numerous legal actions filed against the company - the fundraising software vendor recently told Wall Street that it expects cyber insurance to cover the bulk of its costs associated with the incident.
A new report describes the attack methods of an Eastern European gang known as UNC1878 or Wizard Spider that's been waging ransomware attacks against U.S. hospitals in recent days.
To this point, the focus of ransomware defenses has been on detection. But Michael Leworthy of Veeam says it's time to shift to protection - and even recovery. And backups, he says, are now the critical battlefield in this war.
The operators behind the Ryuk strain of malware are increasingly relying on a malware-as-a-service tool - the Buer loader - to deliver the malware, rather than botnets such as Trickbot and Emotet, the security firm Sophos reports.
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