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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, 2 months ago

LockBit Leaks Reveal Drive to Recruit Ransomware Newbies

'Lite Panel' Offering Easy Access to Anyone for Just $777 Confirmed by ResearcherRansomware groups continue to find innovative new ways to shake down organizations large and small in their pursuit of ransom payoffs. For the LockBit group, one tweak was to debut a "lite" version of its ransomware portal that appears to have amassed dozens of very inexperienced business partners.

Bank Info Security 1 year, 2 months ago

Netgain Technology Pays $1.9M in Data Breach Settlement

Financially Strapped Cloud Services Firm Settles Suit From 2020 Patient Data HackA financially strapped cloud services vendor that experienced a 2020 ransomware attack affecting dozens of healthcare sector clients and hundreds of thousands of patients has agreed to a $1.9 million settlement in proposed class action litigation involving the data theft case.