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Akira ransomware received $42M in ransom payments from over 250 victims

Security Affairs

The Akira ransomware operators implement a double extortion model by exfiltrating victims’ data before encrypting it. Earlier versions of the ransomware were written in C++ and the malware added the.akira extension to the encrypted files. The operators frequently disable security software to evade detection and for lateral movement.

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Emerging Trends in Cybersecurity: Strategies to Combat Cyber Extortion Attacks on Businesses in 2023

Cytelligence

Ransomware attacks, where hackers encrypt critical data and demand a ransom for its release, have become alarmingly common. Implementing advanced endpoint security measures, such as multi-factor authentication, encryption, and regular patching and updating of software, can significantly reduce the risk of attacks.

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Cigent gets $7.6 million to reimagine data protection at the file level

SC Magazine

The attack surface is too large and the underlying technologies used today are so complex and insecure that if there isn’t already a devastating, known security vulnerability affecting the hardware or software used, it’s probably just because security researchers haven’t found and written a CVE entry for it yet.

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Network Security Architecture: Best Practices & Tools

eSecurity Planet

Network security architecture is a strategy that provides formal processes to design robust and secure networks. This article explores network security architecture components, goals, best practices, frameworks, implementation, and benefits as well as where you can learn more about network security architecture.

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Hackers Are Now Exploiting Windows Event Logs

eSecurity Planet

If it does not find one, the encrypted shell code is written in 8KB chunks in the event logs. According to the researches, the most unusual and innovative aspect of the SilentBreak campaign is the “Encrypted shellcode divided into 8 KB blocks and saved in the binary part of event log.”. Also read: How Hackers Evade Detection.

Malware 106
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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

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?

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Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Promptly Patch Software.