Webroot

OCTOBER 14, 2022

Since the mainstreaming of ransomware payloads and the adoption of cryptocurrencies that facilitate untraceable payments, malicious actors have been innovating new methods and tactics to evade the latest defenses. In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage.

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eSecurity Planet

FEBRUARY 16, 2021

For access to the decryption key, the victim must make prompt payment, often in cryptocurrency shielding the attacker’s identity. Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. Offline Backups.

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NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing.

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SecureWorld News

AUGUST 21, 2020

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. The University made the payment in cryptocurrency, through a third party firm. And number one is cyber insurance.

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SC Magazine

JUNE 21, 2021

Policy levers can include direct federal investment in baseline cybersecurity , regulations to improve baseline cybersecurity , more aggressive law enforcement and intelligence community takedowns of criminal infrastructure, and regulating cryptocurrencies. One of the most pervasive suggestions has been banning ransom payments altogether.

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Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Ransomware today can actually look for backup files along with user data.

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Adam Levin

DECEMBER 27, 2019

We will also see better backup practices that will help minimize or neutralize the threat of these attacks. . Unfortunately, many are not secure because they are protected by nothing more than manufacturer default passwords readily available online. Cryptocurrency miners will continue to get rich off of stolen electricity.

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