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Why backups are not the panacea for recovery from a ransomware attack

SC Magazine

The most pervasive wisdom about preventing damage from ransomware is to backup systems, but that alone may not be enough. The most pervasive wisdom about preventing damage from ransomware is to backup systems. So in an era of increased concern about ransomware, is solving the ransomware scourge as simple as investing in some backups?

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Researchers Quietly Cracked Zeppelin Ransomware Keys

Krebs on Security

Peter is an IT manager for a technology manufacturer that got hit with a Russian ransomware strain called “ Zeppelin ” in May 2020. He’d been on the job less than six months, and because of the way his predecessor architected things, the company’s data backups also were encrypted by Zeppelin.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

Phobos variants are usually distributed by the SmokeLoader , but in 8Base campaigns, it has the ransomware component embedded in its encrypted payloads. The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT.

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NEW TECH: DataLocker extends products, services to encrypt data on portable storage devices

The Last Watchdog

Related: Marriott reports huge data breach Ever thought about encrypting the data held on a portable storage device? Launched as a one-man operation in 2007, DataLocker has grown into a leading manufacturer of encrypted external drives, thumb drives, flash drives and self-encrypting, recordable CDs and DVDs.

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Black Matter Ransomware targets Olympus Japan

CyberSecurity Insiders

Japan -based camera and binocular manufacturer Olympus that is also into the manufacturing of medical devices has revealed in an official statement that its servers were targeted by BlackMatter Ransomware group that could have disrupted the computers systems in network operating in Middle East, Europe and Africa.

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Cring Ransomware spreading because of Fortinet vulnerability

CyberSecurity Insiders

European Enterprises mainly involved in manufacturing are being targeted by a new strain of Ransomware dubbed as Cring and confirmed sources say that the malware is being spread by exploitation of Fortinet VPN Vulnerability.

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FBI and Australia ACSC agencies warn of ongoing Avaddon ransomware attacks

Security Affairs

The Federal Bureau of Investigation (FBI) and the Australian Cyber Security Centre (ACSC) are warning of an ongoing Avaddon ransomware campaign targeting organizations worldwide in multiple industries, including government, finance, energy, manufacturing, and healthcare. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.