Security Affairs

OCTOBER 14, 2020

G7 Finance ministers expressed concern on Tuesday over the rise in ransomware attacks during the Covid-19 pandemic, including some involving cryptocurrencies. G7 Finance ministers warn of ransomware attacks that have been growing in scale, sophistication, and frequency over the past two years. ” continues the statement.

Ransomware

Security Boulevard

JANUARY 26, 2023

The post New Ransomware Payment Reporting Requirements on Horizon appeared first on Security Boulevard. The post New Ransomware Payment Reporting Requirements on Horizon appeared first on Security Boulevard.

Ransomware

CyberSecurity Insiders

DECEMBER 1, 2022

FBI, in association with CISA, issued a joint statement claiming Cuba Ransomware gang has raked in $60 million in ransom from over 100 victims worldwide. Ransomware is a kind of malware that allows the hacker to steal data and then encrypt a database until a ransom is paid. And might increase the ransom from $60m per target to $145m.

Ransomware

Cisco Security

MARCH 23, 2021

For example, those in the financial services industry may see more activity around information stealers; others in manufacturing may be more likely to encounter ransomware. Interestingly, the Technology sector saw the second-highest level of ransomware-related traffic, primarily driven by attacks involving Sodinobiki and Ryuk.

DNS

The Last Watchdog

SEPTEMBER 7, 2022

The internet has drawn comparisons to the Wild West, making ransomware the digital incarnation of a hold-up. The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. Ransomware usually starts with a phishing email. Prevalence.

Ransomware

SC Magazine

APRIL 19, 2021

Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. Insurance claims from cyber/ransomware events have consumed up to 40% of the claims of some insurers’ cyber books.

Insurance

SecureWorld News

SEPTEMBER 22, 2021

Cybersecurity professionals have long been discussing the role of cryptocurrency in the rise of ransomware attacks. Virtual currency is easy to transfer across country borders, making it the currency of choice for most ransomware gangs. counter-ransomware initiative. Cost of ransomware in the United States.

Ransomware

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020.

Energy and Utilities

Malwarebytes

OCTOBER 27, 2023

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” The service is used by criminal gangs called affiliates who actually carry out attacks.

Social Engineering

eSecurity Planet

FEBRUARY 16, 2021

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.

Ransomware

Security Affairs

DECEMBER 10, 2023

Hacktivists hacked an Irish water utility and interrupted the water supply 5Ghoul flaws impact hundreds of 5G devices with Qualcomm, MediaTek chips Norton Healthcare disclosed a data breach after a ransomware attack Bypassing major EDRs using Pool Party process injection techniques Founder of Bitzlato exchange has pleaded for unlicensed money transmitting (..)

Data breaches

Security Affairs

JUNE 6, 2024

The FBI is informing victims of LockBit ransomware it has obtained over 7,000 LockBit decryption keys that could allow some of them to decrypt their data. The FBI is inviting victims of LockBit ransomware to come forward because it has obtained over 7,000 LockBit decryption keys that could allow them to recover their encrypted data for free.

Energy and Utilities

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Data breaches

SecureWorld News

FEBRUARY 18, 2021

And the targets in this case are widespread: banks, ATMs, cryptocurrency exchanges, online casinos, movie studios such as Sony Pictures, and theater chains such as AMC. Ransomware and Cyber-Enabled Extortion: Creation of the destructive WannaCry 2.0 million from an Indonesian cryptocurrency company in September 2018; and $11.8

Hacking

Security Affairs

FEBRUARY 20, 2024

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

Energy and Utilities

Security Affairs

JANUARY 13, 2019

The group carried out a large number of campaigns using weaponized Office and PDF documents to deliver notorious malware, including the Dridex banking trojan , tRAT RAT, FlawedAmmy RAT, Philadelphia ransomware, GlobeImposter and Locky ransomware. On December 13, Proofpoint observed a third campaign spreading the ServHelper backdoor.

Malware

eSecurity Planet

JUNE 16, 2022

Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Ransomware. Ransomware is the fastest-growing trend. Mobile attacks.

Backups

Malwarebytes

MARCH 13, 2023

Within those complaints, cryptocurrency investment fraud rose from $907 million in 2021 to $2.57 There are a number of different methods that cryptocurrency investment fraudsters deploy: Liquidity mining. The scammer contacts a real estate agent, usually offering to buy a very expensive property for cash or cryptocurrency.

Cryptocurrency

Security Affairs

NOVEMBER 16, 2020

The group is considered responsible for the massive WannaCry ransomware attack, a string of SWIFT attacks in 2016, and the Sony Pictures hack. According to a report published by Kaspersky Lab in January 2020, in the two years the North Korea-linked APT group has continued to target cryptocurrency exchanges evolving its TTPs.

Malware

CyberSecurity Insiders

JANUARY 19, 2023

The first news that is trending is associated with financial service provider PayPal. Cybersecurity Insiders have resources data from its sources that the attack led to info leak related to companies in cryptocurrency and finance business fields.

Cyber Attacks

SecureList

FEBRUARY 23, 2022

For the purposes of this report, “financial malware” refers to malicious software targeting entities within the financial services sector, including online banking, payment systems, e-money services, online stores and cryptocurrency services. financial services company, Wells Fargo.

Banking

eSecurity Planet

NOVEMBER 16, 2021

Bad actors are increasingly using a technique called HTML smuggling to deliver ransomware and other malicious code in email campaigns aimed at financial services firms and other organizations, according to Microsoft researchers. See also: How to Prevent Ransomware Attacks. What Is HTML Smuggling?

Firewall

Malwarebytes

NOVEMBER 11, 2021

Cybercrime causes significant financial loss to businesses, private citizens and the public sector each year through payments for ransomware , incident recovery costs, and costs for enhanced cybersecurity measures. Cryptocurrencies remain an important means of payment for criminal services and products. COVID-19.

Cybercrime

CyberSecurity Insiders

APRIL 30, 2021

Combating Ransomware – A Comprehensive Framework for Action provides 48 practical recommendations to curb the rampant spread of this increasingly destructive type of cybercrime. “In Ransomware is an international cybercrime that is multiplying in frequency and severity.

Ransomware

eSecurity Planet

SEPTEMBER 30, 2021

“Over the past few months, we’ve seen actors provide access to services that call victims, appear as a legitimate call from a specific bank and deceive victims into typing an OTP or other verification code into a mobile phone in order to capture and deliver the codes to the operator,” the Intel 471 researchers wrote.

Authentication

NetSpi Executives

APRIL 27, 2024

Table of Contents What is ransomware? Ransomware trends Ransomware prevention Ransomware detection Ransomware simulation Ransomware security terms How NetSPI can help What is ransomware? Ransomware adversaries hold the data hostage until a victim pays the ransom. How does ransomware work?

Ransomware

SecureList

MARCH 31, 2021

Existing at a special crossroads between APT and financial crime, the Lazarus group has already been among the most active ones in the financial sphere. In 2020, the group tried its hand at the big extortion game with the VHD ransomware family. In this research, by financial malware we mean several types of malevolent software.

Banking

Security Boulevard

NOVEMBER 8, 2024

And get the latest on CISA’s international plan, Interpol’s cyber crackdown and ransomware trends. Global Ransomware Incidents in 2023 Another takeaway: The ransomware-as-a-service (RaaS) model continued to prove extremely profitable in 2023, and it injected dynamism into the ransomware ecosystem.

Phishing

CyberSecurity Insiders

FEBRUARY 3, 2022

Specifically, the 49 page report dives into new themes such as the cybersecurity challenges generated by remote/hybrid working; the implications of ongoing supply chain disruption; the rising threat of ransomware; the evolution of key global sanctions regimes and more.

Unstructured Data

Centraleyes

DECEMBER 16, 2024

Ransomware Still Reigns Supreme Ransomware attacks continue to plague organizations globally, and 2025 will be no different. Attackers are becoming more organized, with ransomware-as-a-service (RaaS) operations providing easy access to malicious tools for even novice cybercriminals.

Cybersecurity

SecureWorld News

SEPTEMBER 2, 2021

While this might be great news for early cryptocurrency investors, the growing acceptance of crypto could be another obstacle when it comes to securing your organization. In the article, Rosenzweig says: "Ransomware attacks occur because criminals make money from them. Rosenzweig called for aggressively regulating cryptocurrency.

Cryptocurrency

Krebs on Security

DECEMBER 14, 2023

Mr. Zhabykin soon moved on to bigger ventures, co-founding a cryptocurrency exchange based in Moscow’s financial center called Suex. Department of the Treasury , which effectively blocked Suex from the global financial system. ” Neither Mr. Shefel nor Mr. Zhabykin responded to requests for comment.

Cybercrime

SecureList

MARCH 29, 2023

Financial gain remains the key driver of cybercriminal activity. In the past year, we’ve seen multiple developments in this area – from new attack schemes targeting contactless payments to multiple ransomware groups continuing to emerge and haunt businesses. Now we see that APT actors have also switched to crypto.

Banking

SecureWorld News

SEPTEMBER 27, 2020

It might be the worst-kept secret in all of cybersecurity: the FBI says don't pay ransomware gangs. corporations report being attacked by ransomware last year. RELATED: Watching a 7-Figure Ransomware Negotiation ]. How to stop or at least stall the exponential growth of ransomware attacks? That's what Art Ehuan does.

Ransomware

SecureList

FEBRUARY 16, 2023

These sites referenced public figures and humanitarian groups, offering to accept cash in cryptocurrency, something that should have raised a red flag in itself. By getting the user’s secret phrase, cybercriminals could get access to their cryptocurrency balance. Now, attackers have started collecting Bitcoin for charity.

Phishing