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A critical flaw, tracked as CVE-2024-40711, in Veeam Backup & Replication (VBR) was also recently exploited to deploy Frag ransomware. In mid-October, Sophos researchers warned that ransomware operators are exploiting the critical vulnerability CVE-2024-40711 in Veeam Backup & Replication to create rogue accounts and deploy malware.
INE Security advises businesses to secure their network by using firewalls, encrypting data, and regularly updating security software. The cost of ignoring such measures can be substantial, as noted in IBM’s 2023 Cost of a Data Breach Report, which found the average impact of a data breach on small businesses can exceed $3.31
Multiple ransomware groups were spotted exploiting a vulnerability, tracked as CVE-2023-27532, in Veeam Backup & Replication. The vulnerability CVE-2023-275327 (CVSS score of 7.5) impacts the Veeam Backup & Replication component. ” reads the report published by BlackBerry.
Unlike other extortion group, the gang doesnt encrypt data, but focuses on data theft to speed up its activity. Backups are insufficient; IPS is recommended for protection. In 2023, Loretto Hospital experienced another data security incident. Victims include AMD and Keralty. They shame non-payers by leaking data.
Toronto, Canada, July 12, 2023 – Asigra Inc., a leader in ultra-secure backup and recovery, is tackling the pressing data protection and security challenges faced by organizations utilizing the thousands of Software as a Service (SaaS) applications on the market today.
Unlike other extortion group, the gang doesnt encrypt data, but focuses on data theft to speed up its activity. Backups are insufficient; IPS is recommended for protection. In 2023, Loretto Hospital experienced another data security incident. RansomHouse is a data extortion group that has been active since Dec 2021.
This ransomware is known for employing double extortion tactics, which means they encrypt victims’ data while also threatening to release sensitive information unless a ransom is paid. The company provided no HIPAA training for employees prior to November 2023. This investigation revealed extensive HIPAA violations.
In 2023, ThreatDown discovered that, unlike other ransomware gangs that demanded up to $1 million or more from each victim , Phobos operators demanded an average of $1,719 from victims, with a median demand of just $300. Prevent intrusions and stop malicious encryption. Create offsite, offline backups.
“They allegedly used the Phobos malware to encrypt information on the networks, blocking the companies from accessing the data unless a ransom was paid and a decryption key was provided by the gang. Source Nation Thailand The gang compromised at least 17 Swiss companies using the Phobos ransomware between April 2023 and October 2024.
A new study conducted by Veeam Software claims that hackers have shifted their focus towards backup storage appliances, as they provide assurance that the victim will definitely pay the demanded ransom amount. Instead, it is better to invest in technologies that offer on-site and off-site backup appliances, as well as cloud resources.
The decryptor works for victims whose files were encrypted between November 2022 and December 2023. The decryptor, called Black Basta Buster, exploits a flaw in the encryption algorithm used in older versions of the Black Basta group’s ransomware. Stop malicious encryption. Create offsite, offline backups.
A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Develop backup and recovery plans: Data recovery plans are essential to mitigate the impact of cyber incidents.
Veeam addressed a high-severity vulnerability in the Backup Service that impacts Backup & Replication software. Veeam addressed a high-severity vulnerability in the Backup Service, tracked as CVE-2023-27532 (CVSS v3 score: 7.5), that impacts all versions of Backup & Replication software versions.
In other news, both LockBit and the Akira ransomware gang, the latter of which has tallied 125 victims since we first began tracking them in April 2023, were confirmed last month to be exploiting a specific zero-day flaw ( CVE-2023-20269 ) in Cisco VPN appliances. Stop malicious encryption. Create offsite, offline backups.
Researchers released a PoC exploit code for a high-severity vulnerability in Veeam Backup & Replication (VBR) software. Veeam recently addressed a high-severity flaw, tracked as CVE-2023-27532 , in Veeam Backup and Replication (VBR) software. ” reads the advisory published by the vendor.
Before this sudden increase in attacks, we had been observing an average decrease of 20 attacks a month from the group since April 2023. From April 2023 to July 2023, their median number of attacks was actually slightly higher than this at 69 attacks a month, making the decline seem less substantial. Stop malicious encryption.
The regulations were most recently updated on November 1, 2023, with phased effective dates starting on December 1, 2023. Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing.
Formed around 2016 to defend Ukraine’s cyberspace against Russian interference, the UCA used a public exploit for CVE-2023-22515 to gain access to Trigona infrastructure. Stop malicious encryption. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.
Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.
In November there were 457 total ransomware victims, making it the most active month for ransomware gangs in 2023 so far besides May. The top stories of the month include ALPHV’s shutdown, an increased focus on the healthcare sector, and high-profile attacks on Toyota, Boeing, and more using a Citrix Bleed vulnerability (CVE-2023-4966).
World Backup Day 2023: Five Essential Cyber Hygiene Tips madhav Thu, 03/30/2023 - 05:54 World Backup Day , celebrated each year on March 31st, is a day created to promote backing up data from your devices. Encrypt Your Sensitive Data Data encryption isn't just for large organizations.
. “So, the attacker receives the invitation to fill out the form – and when they complete it, they enter their intended victim’s email address into the form, not their own,” Cluely wrote in a December 2023 post. ” The fake Google representative was polite, patient, professional and reassuring.
Following criticism, Google has decided to bring end-to-end encryption (E2EE) to its Google Authenticator cloud backups. The search giant recently introduced a feature that allows users back up two-factor authentication ( 2FA ) tokens to the cloud, but the lack of encryption caused some commentators to warn people off using it.
Besides metadata in plaintext, they also contain encrypted data, which the diagnostic tool uses its shared libraries to decrypt. As a result, there can be a stack buffer overflow: In DLT logs we can identify crashes: CVE-2023-34404 (GCF) “MonitorService” is a service which can be accessed over GCF protocol. In general, *.bin
Analysis of samples exploiting CVE-2023-23397 vulnerability On March 14, Microsoft reported a critical Elevation of Privilege (EoP) vulnerability (CVE-2023-23397) in the Outlook client. This feature bypass vulnerability (CVE-2023-29324) was itself patched in May.
Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data. As of the first three quarters of 2024, there were already 264 ransomware incidents affecting healthcare providers—nearly matching all of 2023's figures.
As of July 2023, the FBI observed ransomware operators exploiting vulnerabilities in vendor-controlled remote access to casino servers, and companies that were compromised through legitimate system management tools to elevate network permissions. . ” reported the PIN.
Known ransomware attacks by gang, April 2023 Known ransomware attacks by country, April 2023 Known ransomware attacks by industry sector, April 2023 Cl0p ransomware, which gained prominence in March by exploiting a zero-day vulnerability in GoAnywhere MFT, went comparatively silent with just four attacks in April.
Profile of participants and applications We collected the data from a sample of the application security assessment projects our team completed in 2021–2023. Mitigation: do not store files containing sensitive data, such as passwords or backups, in web application publish directories.
In a surprising turn of events for the ransomware landscape, Cl0p has emerged as the most used ransomware in March 2023, dethroning the usual frontrunner, LockBit. Known ransomware attacks by Cl0p, March 2023 Cl0p's ability to exploit a zero-day to such effect is akin only in recent memory to the Kaseya VSA ransomware incident in July 2022.
Phobos variants are usually distributed by the SmokeLoader , but in 8Base campaigns, it has the ransomware component embedded in its encrypted payloads. The experts observed a massive spike in activity associated with this threat actor between May and June 2023. Generation of target list of extensions and folders to encrypt.
Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?
But in cybersecurity, dwell time is the time between bad actors’ initial break in and the attack itself, when target data is encrypted. Even bad actors abide by ROI Ransomware began purely from an encryption perspective. First, the modus operandi was to encrypt and hold data for ransom. Today’s hackers don’t stop there.
The Key Group ransomware gang has been active since at least January 2023. EclecticIQ researchers reported that since June 29, 2023, the ransomware group is likely using the NjRAT RAT to remotely access victim devices. “Key Group ransomware uses a base64 encoded static key N0dQM0I1JCM= to encrypt victims’ data. .
Known ransomware attacks by gang, May 2023 This isn't the first time this year a gang has overhauled LockBit and climbed to the top spot on our monthly charts. Let's jump right in with MalasLocker, who burst onto the scene last month with 171 total victims—beating out LockBit (76) by almost 100 known attacks. A new norm?
Notably, they target CVE-2024-1709 (ScreenConnect authentication bypass) and CVE-2023-48788 (Fortinet EMS SQL injection) to infiltrate systems. Medusa operators leverage legitimate remote access tools like AnyDesk, Atera, and Splashtop, alongside RDP and PsExec, to move laterally and locate files for exfiltration and encryption.
July saw one of the highest number of ransomware attacks in 2023 at 441, second only to a record-breaking 556 attacks in May. Known ransomware attacks by gang, July 2023 The LockBit gang is experiencing a steady four-month decline in the number of attacks it has carried out. From March 2023 to July 2023, we recorded a total of 2,130.
In 2023, famous YouTube tech personality Linus Sebastian suffered a hack of three different YouTube channels associated with his company, Linus Media Group. Prevent intrusions and stop malicious encryption. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.
Quarterly figures According to Kaspersky Security Network, in Q3 2023: Kaspersky solutions blocked 694,400,301 attacks from online resources across the globe. Financial threats Financial threat statistics In Q3 2023, Kaspersky solutions blocked the launch of at least one piece of banking malware on the computers of 76,551 unique users.
Ransomware Trends Overview As ransomware’s fundamental nature shifts from encryption to data exfiltration, organizations’ data backup and recovery practices no longer protect them from attacks. The post Threat Spotlight: Data Extortion Ransomware: Key Trends in 2023 appeared first on Security Boulevard.
Between April 2022 and March 2023, Germany was a globally significant target for ransomware gangs. Editor-in-chief Uwe Ralf Heer reported that a well-known cybercriminal group encrypted its systems and left ransom demands, but did not specify further.
According to a September 20, 2023 joint advisory from the FBI and the U.S. Within this timeframe, Snatch threat actors exploited the victim’s network moving laterally across the victim’s network with RDP for the largest possible deployment of ransomware and searching for files and folders for data exfiltration followed by file encryption.”
As the holidays put people closer to family and friends (and ransomware gangs closer to attacking— seriously, watch out for that ), Malwarebytes Labs is sharing some of the brighter moments of 2023 in which ransomware gangs didn’t get what they wanted. Here are four times ransomware gangs failed in 2023. Stop malicious encryption.
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