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Latest coverage for Ransomware

Ransomware encrypts or steals data to disrupt operations and extort victims, making backups, access controls, and incident response essential.

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Ransomware is malware used to deny access to systems or data, usually by encrypting files and demanding payment for decryption. Many operations also steal sensitive information and threaten to publish it, so an attack can create both an availability crisis and a privacy or disclosure risk. Initial access may involve phishing, stolen credentials, exposed remote services, or exploitation of unpatched vulnerabilities; attackers may then move through the network before deploying the payload.

Defenses should combine vulnerability management, phishing-resistant authentication where practical, endpoint and network monitoring, and backups that are isolated from routine administrator access and regularly tested for recovery. Organizations should also limit privileges and segment critical systems to reduce the blast radius. An incident requires rapid containment, preservation of forensic evidence, restoration from known-good backups, and assessment of notification, legal, and regulatory obligations. Threat intelligence can help identify relevant criminal infrastructure or tactics, but it does not replace sound access control, patching, detection, and recovery practices.

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Bank Info Security 6 months, 2 weeks ago

More Banks Issue Breach Notifications Over Supplier Breach

Ransomware Attackers Grabbed Customer Data Stored by Marquis Software SolutionsMore financial services firms are reporting breaches of customer data that trace to an August ransomware attack against Marquis Software Solutions, which provides marketing and compliance software used by over 700 banks and credit unions. At least 1.4 million consumer appear to be affected.

Bank Info Security 6 months, 2 weeks ago

2 Cyber Pros Admit to Being BlackCat Ransomware Affiliates

Americans Extorted at Least 5 Firms, Earning $1 Million From a Medical Device MakerTwo American cybersecurity professionals who moonlighted as BlackCat ransomware gang affiliates pleaded guilty to using the crypto-locking malware to extort at least five victims in the United States, including a medical device maker that paid a cryptocurrency ransom worth over $1 million.

Bank Info Security 6 months, 2 weeks ago

75,000 MongoDBs Exposed as Attackers Exploit 'MongoBleed'

Patches Issued for MongoBleed as Ransomware Groups Target Flaw to Steal DataTens of thousands of internet-exposed MongoDB databases are at risk as attackers actively target a critical vulnerability in the software to steal sensitive data, with ransomware groups having joined the fray, researchers warn. MongoDB has issued patches and mitigation advice.

Bank Info Security 6 months, 2 weeks ago

Cybersecurity Trends: What's in Store for Defenders in 2026?

Attackers Continue to Hit Edge Devices and Wield Info Stealers and RansomwareAs the year comes to a close, what's notable is how much doesn't seem to have fundamentally changed on the cyberattack front, across edge device targeting, breaches, ransomware and more. But the pace at which attacks unfold and defenders must respond, mitigate or triage seems to keep accelerating.