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FBI and Australia ACSC agencies warn of ongoing Avaddon ransomware attacks

Security Affairs

The gang threatens to publish the victim’s data and also use DDoS attacks against the victim (triple extortion). The ACSC also provided the following recommendations: Patch operating systems and applications, and keep antivirus signatures up to date. Maintain offline, encrypted backups of data and regularly test your backups.

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Avoslocker ransomware gang targets US critical infrastructure

Security Affairs

The AvosLocker ransomware-as-a-service emerged in the threat landscape in September 2021, since January the group expanded its targets by implementing the support for encrypting Linux systems, specifically VMware ESXi servers. Install and regularly update antivirus software on all hosts, and enable real time detection.

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NCSC warns of a surge in ransomware attacks on education institutions

Security Affairs

Once gained the foothold in the target network, the attackers will attempt lateral movements to elevate the privileges and search for high-value machines to encrypt (i.e. Recently Check Point researchers warned of a surge in the DDoS attacks against education institutions and the academic industry across the world.

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Discover 2022’s Nastiest Malware

Webroot

But this year also saw the onset of the triple extortion method – with this type of attack, hackers threaten to steal your data, leak it and then also execute DDoS attack if you don’t pay up. As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience.

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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. In addition, Distributed Denial of Service (DDoS) attacks, Business Email Compromise (BEC), and phishing scams continue to pose significant threats.

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Bad Luck: BlackCat Ransomware Bulletin

Security Boulevard

It targets Active Directory to spread via GPO, primarily working with Windows administrative tools for spread, outside connection, and disabling security features like antivirus. However, they also use some less common tactics, like threats of DDoS and discounts for fast payment, both of which play directly on a victim’s initial panic.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups. As part of double extortion attacks, tactics often include the threat of DDoS attacks. Simplistically, suppose the sensitive data is already encrypted.