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Authorities released free decryptor for Phobos and 8base ransomware

Security Affairs

NoMoreRansom warns users to remove the malware first with a reliable antivirus before using the decryptor, or files may be re-encrypted repeatedly. Phobos operation uses a ransomware-as-a-service (RaaS) model, it has been active since May 2019. Despite false malware flags from some browsers, tests confirm it works and is safe.

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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

ransomware: The victims of the Lockfile ransomware gang are in the manufacturing, financial services, engineering, legal, business services, and travel and tourism sectors. “This means that after the ransomware attack, there is no ransomware binary for incident responders or antivirus software to find or clean up.”

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Over 3.1 million cyber attacks on cloud user accounts

CyberSecurity Insiders

Legal, Real Estate and transportation and business service accounts remain in the second place on the list. McAfee Labs says that there was a surge in COVID-19 related cyber attacks by 240 percent in Q3 and 114 percent in Q4 followed by Powershell related threats due to increase in ‘DonOff’ malware activity.

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Managed IT Service Providers (MSPs): A Fast Way to Secure IT

eSecurity Planet

While MSPs also provide a wide range of business services, here we’ll focus on managed IT and cybersecurity service providers. For IT services and infrastructure, some larger MSPs will provide generalist services and attempt to solve all problems. What Are MSPs Used for in Security?

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Managed IT Service Providers (MSPs): A Fast Way to Secure IT

eSecurity Planet

While MSPs also provide a wide range of business services, here we’ll focus on managed IT and cybersecurity service providers. For IT services and infrastructure, some larger MSPs will provide generalist services and attempt to solve all problems. What Are MSPs Used for in Security?

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Spam and phishing in 2024

SecureList

Social media business services were increasingly used as a pretext for credential theft, as they play a key role in developing and promoting businesses and are directly linked to financial operations. However, instead of an upgraded app, users downloaded malware onto their devices.