10 Mistakes Companies Make in Their Ransomware Responses

Dark Reading

Hit by ransomware? These missteps can take a bad scenario and make it even worse

Ransomware Profitability

Schneier on Security

Analyzing cryptocurrency data, a research group has estimated a lower-bound on 2020 ransomware revenue: $350 million, four times more than in 2019. Ransomware is now an established worldwide business. Uncategorized crime cryptocurrency ransomware

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A Death Due to Ransomware

Schneier on Security

The Wall Street Journal is reporting on a baby’s death at an Alabama hospital in 2019, which they argue was a direct result of the ransomware attack the hospital was undergoing. If proven in court, the case will mark the first confirmed death from a ransomware attack.

Double-Encrypting Ransomware

Schneier on Security

In the first, hackers encrypt data with ransomware A and then re-encrypt that data with ransomware B. Uncategorized encryption extortion malware ransomwareThis seems to be a new tactic : Emsisoft has identified two distinct tactics.

Ransomware Gangs and the Name Game Distraction

Krebs on Security

It’s nice when ransomware gangs have their bitcoin stolen, malware servers shut down, or are otherwise forced to disband. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation. Another ransomware family tied to Evil Corp.

Ransomware Is Getting Ugly

Schneier on Security

Modern ransomware has two dimensions: pay to get your data back, and pay not to have your data dumped on the Internet. The Colonial Pipeline is another current high-profile ransomware victim. Uncategorized cryptocurrency cybercrime doxing police ransomware

The DarkSide Ransomware Gang

Schneier on Security

The New York Times has a long story on the DarkSide ransomware gang. Uncategorized business of security crime cybercrime ransomware Russia

Disrupting Ransomware by Disrupting Bitcoin

Schneier on Security

Ransomware isn’t new; the idea dates back to 1986 with the “Brain” computer virus. This is where the suggestion to ban cryptocurrencies as a way to “solve” ransomware comes from.

Ransomware Shuts Down US Pipeline

Schneier on Security

This is a major story : a probably Russian cybercrime group called DarkSide shut down the Colonial Pipeline in a ransomware attack. This is the new and improved ransomware attack: the hackers stole nearly 100 gig of data, and are threatening to publish it.

Insurance and Ransomware

Schneier on Security

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Uncategorized academic papers cybercrime cybersecurity insurance mitigation ransomware reports

DarkSide Ransomware Gang Quits After Servers, Bitcoin Stash Seized

Krebs on Security

The DarkSide ransomware affiliate program responsible for the six-day outage at Colonial Pipeline this week that led to fuel shortages and price spikes across the country is running for the hills. “Ransomware has gathered a critical mass of nonsense, b t, hype, and fuss around it.

Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

Criminal hackers will try almost anything to get inside a profitable enterprise and secure a million-dollar payday from a ransomware infection. ransomware-as-a-service gang actually includes a solicitation for insiders in the desktop wallpaper left behind on systems encrypted with the malware.

A Closer Look at the DarkSide Ransomware Gang

Krebs on Security

The FBI confirmed this week that a relatively new ransomware group known as DarkSide is responsible for an attack that caused Colonial Pipeline to shut down 5,550 miles of pipe , stranding countless barrels of gasoline, diesel and jet fuel on the Gulf Coast. The DarkSide ransomware note.

Customer Care Giant TTEC Hit By Ransomware

Krebs on Security

TTEC , [ NASDAQ: TTEC ], a company used by some of the world’s largest brands to help manage customer support and sales online and over the phone, is dealing with disruptions from a network security incident resulting from a ransomware attack, KrebsOnSecurity has learned.

Negotiating with Ransomware Gangs

Schneier on Security

Thus, the decision whether to pay or ignore a ransomware demand, seems less of a legal, and more of a practical, determination ­ almost like a cost-benefit analysis. When confronted with a ransomware attack, the options all seem bleak. Uncategorized ransomware risk assessment

Death Kitty Ransomware and BlackMatter Ransomware details

CyberSecurity Insiders

Death Kitty Ransomware that targeted South African Port Transnet has disrupted the networks, forcing the company to declare Force Majeure at Container Terminals and Cargo shifting, forcing the staff to switch to manual paper and pen work.

Details of the REvil Ransomware Attack

Schneier on Security

ArsTechnica has a good story on the REvil ransomware attack of last weekend, with technical details: This weekend’s attack was carried out with almost surgical precision. Uncategorized cyberattack malware ransomware Russia supply chain vulnerabilities zero-day

Task Force Seeks to Disrupt Ransomware Payments

Krebs on Security

Some of the world’s top tech firms are backing a new industry task force focused on disrupting cybercriminal ransomware gangs by limiting their ability to get paid, and targeting the individuals and finances of the organized thieves behind these crimes.

Threat Analysis Report: Inside the Destructive PYSA Ransomware

Security Boulevard

The post Threat Analysis Report: Inside the Destructive PYSA Ransomware appeared first on Security Boulevard. The Cybereason Global Security Operations Center (GSOC) issues Cybereason Threat Analysis reports to inform on impacting threats.

Ransomware Now Leaking Stolen Documents

Schneier on Security

Originally, ransomware didn't involve any data theft. Now ransomware is increasingly involving both encryption and exfiltration. Recently, the aerospace company Visser Precision was hit by the DoppelPaymer ransomware. blackmail dataloss doxing encryption ransomware

Documented Death from a Ransomware Attack

Schneier on Security

A Dusseldorf woman died when a ransomware attack against a hospital forced her to be taken to a different hospital in another city. UK hospitals had to redirect patients during the 2017 WannaCry ransomware attack , but there were no documented fatalities from that event.

Ransomware: 8 Things That You Must Know

Joseph Steinberg

While ransomware may seem like a straightforward concept, people who are otherwise highly-knowledgeable seem to cite erroneous information about ransomware on a regular basis. As such, I would like to point out 8 essential points about ransomware.

Whitelisting vs. Blacklisting: Which is Better?

eSecurity Planet

From phishing scams to ransomware and botnets, it’s hard to keep up with the latest methods that cybercriminals use. Cyberattacks are becoming more sophisticated all the time.

Ransomware Group Turns to Facebook Ads

Krebs on Security

It’s bad enough that many ransomware gangs now have blogs where they publish data stolen from companies that refuse to make an extortion payment. Now, one crime group has started using hacked Facebook accounts to run ads publicly pressuring their ransomware victims into paying up.

Ransomware news trending on Google

CyberSecurity Insiders

After going for a brief hiatus, REvil aka Sodinokibi Ransomware gang has re-appeared on the dark web. CrowdStrike, that first discovered the re-appearance of the evil ransomware group, confirmed that the same actors were running the gang and were out in lookout for new victims.

Accenture hit by apparent ransomware attack

Graham Cluley

Accenture appears to have been hit by the LockBit ransomware gang, who are offering to sell data stolen from the global consultancy firm to interested parties. Data loss Malware Ransomware Accenture Lockbit ransomware

Ransomware Attacks Leave Lasting Damage

Security Boulevard

Organizations hit by ransomware attacks also report tightened budgets and lingering impacts on productivity, profitability and security posture, suggesting the extensive damage caused in the wake of ransomware attacks has long-lasting effects.

Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Krebs on Security

NASDAQ:RCM ], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. R1 RCM acknowledged taking down its systems in response to a ransomware attack, but otherwise declined to comment for this story. R1 RCM Inc.

Ransomware Attack on Weir Group

CyberSecurity Insiders

UK based Water Pump maker that has a global presence has made it official that it was targeted by a ransomware attack in the second week of September 2021, negatively affecting its profit margin deeply. The post Ransomware Attack on Weir Group appeared first on Cybersecurity Insiders.

LockBit ransomware attack on Accenture

CyberSecurity Insiders

Accenture that offers professional services was reportedly hit by a ransomware attack launched by LockBit group. Note 2- LockBit ransomware is a malware spreading group that indulges in double extortion techniques. Ransomware Accenture Lockbit Ransomware Accenture Ransomware Attack

Ukrainian Police Nab Six Tied to CLOP Ransomware

Krebs on Security

Authorities in Ukraine this week charged six people alleged to be part of the CLOP ransomware group , a cybercriminal gang said to have extorted more than half a billion dollars from victims.

Kaseya Ransomware Attack Update

CyberSecurity Insiders

Kaseya Software Company has released an update that all its software users who have fallen prey to the ransomware attack will receive a free decryptor to unlock their database files on a respective note. The post Kaseya Ransomware Attack Update appeared first on Cybersecurity Insiders.

Important information about Ragnarok Ransomware and Hive Ransomware

CyberSecurity Insiders

Ragnarok Ransomware that was active since 2019 has made it official that it is going to shut its operations by this month’s end. The post Important information about Ragnarok Ransomware and Hive Ransomware appeared first on Cybersecurity Insiders.

Names of new ransomware groups that are on rise

CyberSecurity Insiders

All these days the government agencies and corporate networks were busy in combating known ransomware groups such as REvil, Conti, DarkSide, CLOP and Egregor along with Babuk, DopplePaymer and Ragnar. Ransomware Hive Ransomware Hello Kitty Ransomware Avoslocker Ransomware LockBit 2.0

Anti-Ransomware Company Exagrid Pays $2.6 Million Ransom

Adam Levin

You would think that ExaGrid, a backup appliance and anti-ransomware service might know how to avoid ransomware, but it was hit. . million after it was hit with Conti ransomware. . We are in the midst of an ongoing ransomware epidemic.

Accenture Responds Following LockBit Ransomware Attack

Security Boulevard

Global IT consultancy company Accenture announced that it has fully restored its systems after experiencing a LockBit ransomware attack. The post Accenture Responds Following LockBit Ransomware Attack appeared first on Security Boulevard.

Cybereason vs. REvil Ransomware

Security Boulevard

According to reports, meatpacking giant JBS was hit with a serious attack reportedly involving REvil ransomware , shutting down a good portion of the company’s production capabilities and threatening to create supply chain disruptions and sharp cost of goods increases.

Ransomware Hit ATM Giant Diebold Nixdorf

Krebs on Security

Diebold Nixdorf , a major provider of automatic teller machines (ATMs) and payment technology to banks and retailers, recently suffered a ransomware attack that disrupted some operations. Ransomware BleepingComputer Diebold Nixdorf Emsisoft Fabian Wosar Lawrence Abrams ProLock ransomware

REvil Ransomware Has Returned

Heimadal Security

REvil ransomware has fully returned and is attacking new victims and publishing stolen files on a data leak site. As my colleague Elena explained in an article, Sodinokibi ransomware is a Ransomware-as-a-Service.

Python Ransomware hits ESXi Hypervisors Virtual Machines

CyberSecurity Insiders

Meantime, Ermetic, a cloud based security company, has made a recent study in which it discovered that the security posture of AWS Cloud environments were too weak, making them super vulnerable to ransomware attacks. Ransomware Python Ransomware

Free decryptor for past REvil ransomware victims released

Graham Cluley

The experts at security firm Bitdefender, in collaboration with "a trusted law enforcement partner", have made available a universal decryptor for victims of the REvil ransomware (also sometimes known as Sodinokibi). Malware Ransomware ransomware Revil

Ransomware Decoded: Preventing Modern Ransomware Attacks

Security Boulevard

In contrast to this, traditional ransomware was all about coming in with a big splash and causing immediate damage. The post Ransomware Decoded: Preventing Modern Ransomware Attacks appeared first on Security Boulevard.

Olympus suffers another Ransomware Attack within a month

CyberSecurity Insiders

Sources reporting to Cybersecurity Insiders state that the latest cyber incident observed on October 10th, 2021 could be of ransomware genre. The post Olympus suffers another Ransomware Attack within a month appeared first on Cybersecurity Insiders. Sounds strange!