Malwarebytes

NOVEMBER 6, 2023

In 2022, Octo Tempest began selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals in order to steal their cryptocurrency. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. It can even hurt companies with enterprise grade security.

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Malwarebytes

FEBRUARY 8, 2023

The Ryuk ransoms, paid in cryptocurrency such as Bitcoin, were split into smaller portions and then forwarded on to multiple cryptocurrency wallets and then placed into exchange accounts for other forms of currency. This should include restoring from backups, client outreach, and reporting to law enforcement among others.

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eSecurity Planet

MARCH 24, 2022

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.” LAPSUS$ doesn’t appear to be using overtly sophisticated intrusion methods but instead relying on social engineering and purchased accounts.

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eSecurity Planet

SEPTEMBER 14, 2022

As a matter of fact, the most-reported crime in the 2021 Internet Crime Report report was phishing , a social engineering scam wherein the victim receives a deceptive message from someone in an attempt to get the victim to reveal personal information or account credentials or to trick them into downloading malware. Social Tactics.

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Malwarebytes

FEBRUARY 13, 2023

The agencies have reason to believe cryptocurrency ransom payments from such operations support DPRK's "national-level priorities and objectives". This should include restoring from backups, client outreach, and reporting to law enforcement among others. Backup your files. Educate your staff. Get an EDR solution.

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CyberSecurity Insiders

JANUARY 19, 2023

MailChimp, the automation based marketing company, is the third to hit the news headlines on Google as its servers have become a victim of a social engineering attack that led to a data leak. Security firm Palo Alto Networks Unit 42 was the first to discover the digital invasion and has linked the threat linked to Chinese APT group.

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Cyber Attacks Social Engineering Financial Services Encryption 106

Cisco Security

OCTOBER 6, 2021

If the compromise is only a minor inconvenience to the victim, and in the absence of a working backup, the victim may choose just to re-image the system. Mining cryptocurrencies requires large amounts of computing power to solve the cryptographic challenges necessary to acquire new cryptocurrency tokens.

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Security Affairs

OCTOBER 31, 2022

In the early afternoon of Friday 12 May 2017, the media broke the news of a global computer security attack carried out through a malicious code capable of encrypting data residing in information systems and demanding a ransom in cryptocurrency to restore them, the Wannacry ransomware. Unfortunately, contemporary events seem to confirm this.

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eSecurity Planet

JANUARY 6, 2022

See also: Best Backup Solutions for Ransomware Protection. AI is already used by security tools to detect unusual behavior , and Fortinet expects cybercriminals to use deep fakes and AI to mimic human activities to enhance social engineering attacks and bypass secure forms of authentication such as voiceprints or facial recognition.

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Webroot

FEBRUARY 11, 2021

As we mentioned in a previous blog , hackers come in many forms, but their methods can generally be classified into three distinct types of cybercriminals: The Impersonator – Hackers that pretend to be others, often using social engineering and human psychology to trick users.

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SecureList

JULY 28, 2022

We discovered a highly active campaign, starting in March 2022, targeting stock and cryptocurrency investors in South Korea. The actor used cryptocurrency-related contents or complaints from law enforcement as lure themes. Based on the domain naming scheme, we call this campaign NaiveCopy. Final thoughts.

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Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption.

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Spinone

DECEMBER 16, 2019

Ransom is usually demanded in Bitcoin or other cryptocurrencies to hide the identity of the attacker. Ransomcloud is not only a decrypting malware but a complex of social engineering tactics behind it. And here’s what may be a hint: A sense of urgency, which is a common social engineering tactic. Absolutely!

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eSecurity Planet

JULY 25, 2023

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. Examples include baiting, pretexting, and impersonation.

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Spinone

MAY 8, 2020

The ransomware then demands a sum of money in the form of untraceable cryptocurrency to unlock the data to regain access. Phishing attacks are a type of social engineering attack where attackers play upon human nature to open an email or other type of message. Related: What Is Ransomware? In essence, it holds your data hostage.

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Digital Shadows

NOVEMBER 26, 2024

This underscores the importance of having additional compensating controls and educating employees on the risks associated with phishing and other social engineering attacks. This includes maintaining rigorous backup policies, enhancing endpoint visibility, and ensuring all software is up to date.

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Cyber Attacks Phishing Ransomware Cyber Insurance 59

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Protect your backup systems.

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Spinone

NOVEMBER 1, 2019

Backup – a copy of physical or virtual data so in case they are being deleted or lost user could easily recover it. Hacking and Social Engineering Attack vector – a specific method used by a hacker to accomplish his malicious goal. It can be a password, a fingerprint, a face scan.

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Digital Shadows

OCTOBER 29, 2024

Among these experienced affiliates is the “Scattered Spider” group, known for its custom tools and advanced social engineering skills, which helped RansomHub become the most active ransomware group in Q3 2024 (see Figure 1).

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Digital Shadows

OCTOBER 29, 2024

Among these experienced affiliates is the “Scattered Spider” group, known for its custom tools and advanced social engineering skills, which helped RansomHub become the most active ransomware group in Q3 2024 (see Figure 1).

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Digital Shadows

NOVEMBER 26, 2024

This underscores the importance of having additional compensating controls and educating employees on the risks associated with phishing and other social engineering attacks. This includes maintaining rigorous backup policies, enhancing endpoint visibility, and ensuring all software is up to date.

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Cyber Attacks Phishing Ransomware Cyber Insurance 52

Webroot

OCTOBER 31, 2024

The rise of AI-driven phishing and social engineering, increased targeting of critical infrastructure, and the emergence of more sophisticated fileless malware are all trends that have shaped the cybersecurity battlefield this year. Implement regular, interactive cybersecurity simulations and scenario-based training. PATCH OR DIE!

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eSecurity Planet

FEBRUARY 16, 2021

CISA reported that LokiBot “employs Trojan malware to steal sensitive information such as usernames, passwords, cryptocurrency wallets, and other credentials.” Phishing and Social Engineering. Often organizations can mitigate ransomware attacks by having up-to-date backups. ” Malicious Mobile Apps.

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eSecurity Planet

OCTOBER 21, 2022

The method of infection can vary from attack to attack and can include social engineering strategies, such as phishing and email spoofing , or a fraudulent website masquerading as legitimate, among others. To apply more pressure, the attacker might also encrypt backup files to render them inaccessible.

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Security Boulevard

MAY 19, 2022

These variants of Vidar malware fetch the C2 configuration from attacker-controlled social media channels hosted on Telegram and Mastodon network. 50;true;movies:music:mp3; This configuration is the default with every stealing function enabled (passwords, cryptocurrency wallets, two-factor authentication, etc). dat:*wallet*.*:*2fa*.*:*backup*.*:*code*.*:*password*.*:*auth*.*:*google*.*:*utc*.*:*UTC*.*:*crypt*.*:*key*.*;50;true;movies:music:mp3;

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Media Social Engineering Backups Passwords 64

SecureWorld News

SEPTEMBER 27, 2020

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. I certainly agree that the largely unregulated flow of cryptocurrency is unworkable and ultimately brings more harm than good.

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Spinone

JANUARY 20, 2020

The most preferred method of ransom payment is cryptocurrency because it is hard to track. That is why hackers use social engineering tricks to pressure victims into paying a ransom. Some of them don’t have a backup at all; others can back up data infrequently, like once a month or even less often.

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Malwarebytes

MAY 22, 2025

Depending on the type of infostealer and the goals of the operator, infostealers can be interested in taking anything from usernames and passwords to credit card details, and cryptocurrency wallets. Educate yourself about phishing and social engineering tactics to avoid falling victim to trickery. As Matthew R.

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SecureList

MAY 7, 2025

The Radar/Dispossessor operation was disrupted by the FBI in August 2024, and German authorities seized 47 cryptocurrency exchanges linked to ransomware laundering. To adapt, businesses must adopt zero-trust security models, secure IoT ecosystems and prioritize employee training to mitigate phishing and social engineering threats.

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