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SHARED INTEL: How ransomware evolved from consumer trickery to deep enterprise hacks

The Last Watchdog

The infamous Locky ransomware was first spotted in the wild in February 2016. CryptXXX, another major family discovered in April 2016 and later rebranded as UltraCrypter, relied on exploit kits that used software vulnerabilities to infiltrate systems. The first viable Mac ransomware called KeRanger was spotted in the spring of 2016.

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Cyber Security Awareness and Risk Management

Spinone

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. To pursue cybersecurity culture change, we recommend you to institute a cost-effective, company-wide security awareness training for your employees.

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BEC scams, hacked accounts available from $150 up to $5,000

Security Affairs

Business email compromise (BEC) and email account compromise (EAC) scam losses worldwide increased by 136% from December 2016 to May 2018, in the same period overall BEC/EAC losses result in $12 billion. Experts from Digital Shadows highlighted the availability of huge archive online that could be used by crooks to target the companies.

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Top 9 Cybersecurity Challenges SMEs Currently Face

Responsible Cyber

Several cases exist of employees who abuse their privilege access, harming the company’s security layers in the process and resulting in a huge loss. According to a 2016 survey conducted by Ponemon Institute, 22% of businesses blamed cyberattacks on insiders. Security awareness should be ongoing and evolving.

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Mitigation Strategies for Cyber Attacks at Your Small Business

SiteLock

For instance, when hackers stole the data of 25 million Uber riders and drivers in 2016, the company didn’t disclose the breach (as is required by law ). Communication: During this phase, businesses should communicate the breach with their employees and implement security awareness training.

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Threat spotlight: Conti, the ransomware used in the HSE healthcare attack

Malwarebytes

When it first surfaced in September 2016, they were using TrickBot , aka TrickLoader, a highly popular banking Trojan. Below is a list of recommended mitigations from the FBI, which it issued along with an alert on Conti ransomware late last week: Regularly back up data, air gap, and password protect backup copies offline.

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What Is Petya Ransomware?

SiteLock

First discovered in 2016, Petya ransomware is a family of encrypting malware that targets Microsoft Windows-based computer systems. Although it made its debut in 2016, Petya ransomware gained worldwide recognition in 2017 when a new variant was introduced in the Ukraine that led to $10 billion in damages through a colossal cyber-attack.