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Preparing for Ransomware: Are Backups Enough?

eSecurity Planet

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? Backups are a critical component of any enterprise cybersecurity posture, but they are not an airtight strategy. Why Are Backups Critical?

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How to Decrypt Ransomware Files – And What to Do When That Fails

eSecurity Planet

For any organization struck by ransomware , business leaders always ask “how do we decrypt the data ASAP, so we can get back in business?”. The good news is that ransomware files can be decrypted. What can be done to recover from ransomware attacks when backups are not available? How Does Ransomware Encryption Work?

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A history of ransomware: How did it get this far?

Malwarebytes

Today's ransomware is the scourge of many organizations. If we define ransomware as malware that encrypts files to extort the owner of the system, then the first malware that could be classified as ransomware is the 1989 AIDS Trojan. Not many victims did this, and the symmetric encryption was relatively easy to crack.

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Using the LockBit builder to generate targeted ransomware

SecureList

They generated a custom version of the ransomware, which used the aforementioned account credential to spread across the network and perform malicious activities, such as killing Windows Defender and erasing Windows Event Logs in order to encrypt the data and cover its tracks. In this article, we revisit the LockBit 3.0

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Bitdefender released a free decryptor for the MegaCortex ransomware

Security Affairs

Antivirus firm Bitdefender released a decryptor for the MegaCortex ransomware allowing its victims to restore their data for free. Antivirus firm Bitdefender released a decryptor for the MegaCortex ransomware , which can allow victims of the group to restore their data for free. SecurityAffairs – hacking, ransomware).

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HardBit ransomware tailors ransom to fit your cyber insurance payout

Malwarebytes

Ransomware authors are wading into the cybersecurity insurance debate in a somewhat peculiar way. dismantling a device piece by piece The ransomware, called HardBit 2.0, dismantling a device piece by piece The ransomware, called HardBit 2.0, What does the encryption warning message say? A helping hand?

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Rheinmetall attacked by BlackBasta ransomware

Malwarebytes

The BlackBasta ransomware group has already claimed responsibility for the attack through its leak-site. And as we noted in our report on ransomware in Germany , in the last year Black Basta has had a liking for targets in Germany, and conducts attacks there far more frequenty than in the UK or France. Stop malicious encryption.