Prevent ransomware by stopping lateral movement: the case for active defense

Cybercrime is often motivated by profit, and threat actors have realized that the most profitable way to conduct their business is to target enterprises with deep wallets, a cyber insurance policy, and/or valuable assets. However, these attacks are not as easy to pull off as it is to send out a generic phishing email and hope for the best – …

Tovább a bejegyzéshez

Traditional ransomware defenses are failing businesses

Traditional cybersecurity strategies are failing to protect organizations from ransomware attacks, new research suggests. According to a paper from storage firm Cloudian, based on a poll of 200 IT decision-makers whose businesses recently suffered ransomware attacks, 54 percent of all victims had their employees go through anti-phishing training. Furthermore, almost half (49 percent) had perimeter defenses set up at the …

Tovább a bejegyzéshez

REvil says it was behind huge ransomware attack

Cybercriminal syndicate REvil has claimed responsibility for the large-scale Kaseya ransomware attack, and is demanding the managed service provider (MSP) pay a record ransom fee. As reported by The Record, the REvil gang made the announcement in a short notice published on the dark web. In the notice, the group says it infected thousands of machines and priced the decryption …

Tovább a bejegyzéshez

Effectively closing entry gates for hackers: How strong authentication protects against ransomware

Ransomware is a problem that is here to stay and that will in time become an even bigger issue – that is a fact that is clear to everyone involved in IT security. According to the international study “The State of Ransomware”, more than half of all organizations have experienced a ransomware cyberattack in 2020. Once hit, giving in to …

Tovább a bejegyzéshez

Ransomware operators often purchase access to corporate networks

Cybercriminals that manage to break into corporate networks are rarely the ones to conduct ransomware attacks, new research from Proofpoint reveals.  Instead, according to the security firm, “first-stage” attackers usually sell network access on the black market to other groups, who then deliver the malicious payload. What’s more, multiple groups often use the same malware to distribute their ransomware.  “Cybercriminal …

Tovább a bejegyzéshez

Majority of ransomware victims are hit with a second attack after paying up

It does not pay to cave in to the demands of ransomware attackers, a new report from cybersecurity firm Cybereason argues. Polling 1,300 security professionals around the world, the company found that 84 percent of businesses that decided to pay the ransom suffered a second attack. In more than half of cases, they were attacked by the same threat actors …

Tovább a bejegyzéshez

Bank on backup: how banks can build up resilience to ransomware

The truth of digital transformation is that we’re all now much more vulnerable than we used to be. The rise of online and mobile services has been both a blessing and a curse – the more we rely on data to help run our businesses and our lives, the greater the impact that hackers can have by interfering with it. …

Tovább a bejegyzéshez

Ransomware attackers going after billion-dollar targets

Ransomware is evolving and today’s operators are mostly interested in going after high-value targets, as opposed to casting a wide net. This is according to a new report from cybersecurity company Trend Micro. In the report, the company explains that most contemporary ransomware operators have a “ruthless focus” on organizations posting more than $1 billion in revenue. Further, with IT …

Tovább a bejegyzéshez

Ransomware extortion attacks now commonplace

Ransomware extortion attacks have become so common and effective that the UK National Crime Agency (NCA) has classified the threat as among the most potent out there. A new report from NCA states that the pandemic drove everyone online, including criminals. To commit crimes at scale and avoid detection, criminals increasingly used emerging technologies, the NCA says, adding that ransomware …

Tovább a bejegyzéshez

Five steps to blocking ransomware in its tracks

While New Year’s Day often means waking up with a nasty hangover, the currency exchange firm Travelex had a much ruder awakening on the first day of 2020. Overnight, a ransomware attack had virtually shut down the UK-based company’s business, taking multiple internal and customer-facing systems out of service for several weeks. Eventually, according to the Wall Street Journal, the …

Tovább a bejegyzéshez