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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Bl00dy Ransomware Gang actively targets the education sector exploiting PaperCut RCE

Security Affairs

CISA and FBI warned of attacks conducted by the Bl00dy Ransomware Gang against the education sector in the country. The FBI and CISA issued a joint advisory warning that the Bl00dy Ransomware group is actively targeting the education sector by exploiting the PaperCut remote-code execution vulnerability CVE-2023-27350.

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FBI warns of PYSA Ransomware attacks against Education Institutions in US and UK

Security Affairs

The FBI has issued an alert to warn about an increase in PYSA ransomware attacks on education institutions in the US and UK. The FBI has issued Tuesday an alert to warn about an increase in PYSA ransomware attacks against education institutions in the United States and the United Kingdom. locked to the filename of the encrypted files.

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Rorschach ransomware has the fastest file-encrypting routine to date

Security Affairs

A new ransomware strain named Rorschach ransomware supports the fastest file-encrypting routine observed to date. The researchers conducted five separate encryption speed tests in a controlled environment (with 6 CPUs, 8192MB RAM, SSD, and 220000 files to be encrypted), limited to local drive encryption only.

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ViperSoftX uses more sophisticated encryption and anti-analysis techniques

Security Affairs

xyz pic.twitter.com/VLhISark8Y — Goldwave (@OGoldwave) March 13, 2023 The variant employed in the campaign supports a more sophisticated encryption method of byte remapping and a monthly rotation of the C2 server. #ViperSoftX is back, doesn't look like much has changed. c2 arrowlchat[.]com ” concludes the report.

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‘Educational’ ransomware program may instead become a how-to guide for attackers

SC Magazine

A developer published via GitHub a proof-of-concept (POC) ransomware program featuring strong compatibility with the post-exploitation tool Cobalt Strike, open-source coding, and extensionless encryption. Another interesting feature: the ransomware doesn’t append extensions to the files it encrypts.

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Defending Against the Threats to Our Security

SecureWorld News

As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. Cyberattacks can devastate individuals, businesses, and even nations, affecting our privacy, security, and economy. Cybercrime is a highly profitable business.