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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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As more and more biz pays up to restore data, we're told Ransomware is among the most feared of the myriad cyberthreats circulating today, putting critical data at risk and costing some enterprises tens of millions of dollars in damage and ransoms paid. However, ransomware doesn't occur in a vacuum, according to security startup Lumu Technologies.…

With the US providing military aid to Ukraine and its sanctions damaging the Russian economy, the US government disclosed this week that there is intelligence that Russia is preparing for potential cyberattacks against US interests. [...]

Plus: Android trojan in 100,000+ app installs, Solaris malware Cybersecurity researchers with Cisco have outlined probable links between the BlackMatter/DarkSide ransomware ring responsible for last year's high-profile raid on the Colonial Pipeline, and an emerging ransomware-as-a-service product dubbed BlackCat.…

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