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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 1 year, 3 months ago

Fake Out: Babuk2 Ransomware Group Claims Bogus Victims

What Do You Mean, Hospital-Targeting Sociopath Ransomware Wielders Continue to Lie?A ransomware group reusing the Babuk ransomware brand claims to have stolen data from the likes of Amazon, Delta and US Bank. Just one problem: Security experts found a startling overlap between its claimed victims and previous attacks scored by the likes of Clop, LockBit and RansomHub.

'Wave of Ransomware Attacks' Hitting FortiOS and FortiProxy Devices, Warn ExpertsCyber defenders said they're seeing a "wave of ransomware attacks" unleashed by attackers who gain initial access by targeting two known vulnerabilities in Fortinet FortiOS and FortiProxy devices. Hackers sometimes patch the devices to hide their persistent remote access.

'Real Danger' Alert for Unpatched Veeam Servers Attached to a Production DomainWidely used Veeam Backup & Replication software has been patched to fix a critical vulnerability that could be abused to remotely exploit malicious code. Security experts recommend rapid patching, given ransomware and other groups' repeat targeting of the software.

Ransomware Attack in 2023 Affected More Than 6 Million PeopleIndian IT services giant Infosys said its U.S. subsidiary Infosys McCamish Systems agreed to pay $17.5 million to settle six class action lawsuits related to a cybersecurity incident that compromised the personal information of more than 6 million people.