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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

There are few guarantees in the IT industry, but one certainty is that as the world steps into 2022, ransomware will continue to be a primary cyberthreat. The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware.

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DoppelPaymer ransomware group suspects identified

Malwarebytes

The German police in cooperation with the US Secret Service have executed search warrants against suspected members of the DoppelPaymer ransomware group in Germany and Ukraine. Cryptocurrency investigators use specialized strategies to track down criminals. Although cryptocurrency is anonymous, that doesn't mean it's untraceable.

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REvil Ransomware Gang Starts Auctioning Victim Data

Krebs on Security

The criminal group behind the REvil ransomware enterprise has begun auctioning off sensitive data stolen from companies hit by its malicious software. A partial screenshot from the REvil ransomware group’s Dark Web blog. “Others have gotten the message about the need for good backups, and probably don’t need to pay.

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New MortalKombat ransomware employed in financially motivated campaign

Security Affairs

Talos researchers observed a financially motivated threat actor using a new ransomware dubbed MortalKombat and a clipper malware named Laplas. “The initial infection vector is a phishing email in which the attackers impersonate CoinPayments, a legitimate global cryptocurrency payment gateway. net] Payment Timed Out.””

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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Security Affairs newsletter Round 426 by Pierluigi Paganini – International edition

Security Affairs

Illicit Telegram Communities Dismantling of an encrypted network sends shockwaves through organised crime groups across Europe TSMC Says Supplier Hacked After Ransomware Group Claims Attack on Chip Giant Malware Trojanized Super Mario Game Installer Spreads SupremeBot Malware Initial research exposing JOKERSPY Who is 8BASE?

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What’s happening in the world of personal cyber insurance?

Malwarebytes

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Most commonly, it’s cited with regard to ransomware attacks in the workplace, or associated data loss. Premiums are based on how much you have to lose, and tailoring types of cybercrime to your package needs.