SecureWorld News

SEPTEMBER 27, 2020

The days where victims could simply pay ransom for an encryption key, unscramble their data, and move on are ending. Now that some companies have managed to avoid paying ransom by restoring from backup, the gangs have upped their game. This last point about lawyers and cryptocurrency hits home and bothers me the most.

Ransomware 66

Ransomware Cryptocurrency Computers and Electronics Banking 66

Krebs on Security

DECEMBER 29, 2022

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,

Cryptocurrency 238

Cryptocurrency Cybercrime Computers and Electronics Scams 238

eSecurity Planet

MARCH 24, 2022

On March 22, Microsoft confirmed a substantial breach by the LAPSUS$ hacking group. In a blog post detailing its efforts to track and contain the breach, Microsoft described LAPSUS$ as a “large scale social engineering and extortion campaign.” Mid-March, popular game developer Ubisoft reported a data breach.

Social Engineering 109

Social Engineering Engineering Data breaches Hacking 109

Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. If organizations don't pay up, they lose access to their critical data and applications. Even just the notification of a data breach can harm an organization's reputation and bottom line.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

eSecurity Planet

JULY 25, 2023

Organizations must practice incident response if they want to stop data breaches and cyberattacks. Social engineering attacks: These involve manipulating individuals to gain unauthorized access to sensitive information or systems. Cryptojacking : Unauthorized use of a computer’s processing power to mine cryptocurrencies.

Software 98

Software Data breaches DDOS Ransomware 98

Spinone

MAY 8, 2020

Below are figures from the IBM 2019 Cost of a Data Breach Report : The average time to identify a breach in 2019 was 206 days The average time to contain a breach was 73 days , for a total of 279 days The potential damage, stealing of data, and widespread compromise that can happen in the meantime can be enormous and catastrophic to your business.

Cyber Attacks 78

Cyber Attacks Phishing Backups Ransomware 78