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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 2 years, 6 months ago

Fertility Test Lab Will Pay $1.25M to Settle Breach Lawsuit

ReproSource Also Agrees to Beef Up Security in Wake of 2021 Ransomware AttackA fertility testing laboratory has agreed to improve its data security practices and pay up to $1.25 million to settle a consolidated class action lawsuit filed in the wake of a 2021 ransomware attack that compromised sensitive health information of about 350,000 patients.

It’s taken months for crims to hack together a working exploit chain Security experts claim ransomware criminals have got their hands on a functional exploit for a nearly year-old critical Microsoft SharePoint vulnerability that was this week added to the US's must-patch list.…

Bank Info Security 2 years, 6 months ago

Ransomware Trends: Medusa and Akira Rage; Tortilla Disrupted

Crypto-Malware Trackers Report a Surge in Known Ransomware Victims at End of 2023Ransomware-wielding attackers show no signs of stopping, and experts report December 2023 was the second-worst month on record for known victims. Lately, Akira-wielding attackers have been hitting Finland hard, and Medusa has been behind a rising number of attacks.

Bank Info Security 2 years, 6 months ago

Turkish Hackers Exploit MS SQL Servers to Deliver Ransomware

Financially Motivated Actors Targeting US, EU and LATAM CountriesFinancially motivated Turkish hackers are targeting Microsoft SQL servers in the United States, Europe and Latin America in hacking that ultimately ends with deployment of Mimic ransomware or the sale of access to infected hosts on criminal online markets.

The Hacker News 2 years, 6 months ago

There is a Ransomware Armageddon Coming for Us All

Generative AI will enable anyone to launch sophisticated phishing attacks that only Next-generation MFA devices can stop The least surprising headline from 2023 is that ransomware again set new records for a number of incidents and the damage inflicted. We saw new headlines every week, which included a who’s-who of big-name organizations. If MGM, Johnson Controls, Chlorox, Hanes Brands, Caesars

Bank Info Security 2 years, 6 months ago

Fidelity National Financial Details LoanCare Breach

1.3 Million Customers Notified of Breach; BlackCat Ransomware Group Claimed CreditFinancial services giant Fidelity National Financial has confirmed that a November 2023 hack attack compromised personal information pertaining to 1.3 million customers of its LoanCare subsidiary. FNF took multiple systems offline when responding to the attack, disrupting some homebuyers.

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