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What makes a ransomware attack eight times as costly? Compromised backups

Graham Cluley

New research has found that ransomware remediation costs can explode when backups have been compromised by malicious hackers - with overall recovery costs eight times higher than for those whose backups are not impacted. Read more in my article on th Exponential-e blog.

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New Linux Cryptomining Malware

Schneier on Security

It’s pretty nasty : The malware was dubbed “ Shikitega ” for its extensive use of the popular Shikata Ga Nai polymorphic encoder, which allows the malware to “mutate” its code to avoid detection. Another article. Bottom line: Shikitega is a nasty piece of code. Slashdot thread.

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Cybercrime group FIN7 targets Veeam backup servers

CSO Magazine

Researchers warn that a financially motivated cybercrime group known as FIN7 is compromising Veeam Backup & Replication servers and deploying malware on them. To read this article in full, please click here

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Ransomware recovery: 8 steps to successfully restore from backup

CSO Magazine

Part of the reason is the lack of backups—specifically, the lack of usable backups. Learn how recent ransomware attacks define the malware's new age and 5 reasons why the cost of ransomware attacks is rising. | To read this article in full, please click here Get the latest from CSO by signing up for our newsletters. ]

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Preparing for Ransomware: Are Backups Enough?

eSecurity Planet

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? Backups are a critical component of any enterprise cybersecurity posture, but they are not an airtight strategy. Why Are Backups Critical? The Argument for Backups.

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Google disrupts major malware distribution network Glupteba

CSO Magazine

It also served itself as a distribution network for additional malware. While this is a severe blow to the botnet, whose estimated size is over 2 million computers, it's unlikely to be its demise because Glupteba has a backup command-and-control (C&C) mechanism that relies on the Bitcoin blockchain.

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Dridex malware, the banking trojan

CyberSecurity Insiders

AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article. The malware is primarily used to steal sensitive information, such as login credentials and financial information, from victims. The malware then uses web injections to steal financial information from the victim.

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