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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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Although it hasn't been seen in the wild yet A new ransomware strain dubbed HybridPetya was able to exploit a patched vulnerability to bypass Unified Extensible Firmware Interface (UEFI) Secure Boot on unrevoked Windows systems, making it the fourth publicly known bootkit capable of punching through the feature and hijacking a PC before the operating system loads.…

Cybersecurity researchers have discovered a new ransomware strain dubbed HybridPetya that resembles the notorious Petya/NotPetya malware, while also incorporating the ability to bypass the Secure Boot mechanism in Unified Extensible Firmware Interface (UEFI) systems using a now-patched vulnerability disclosed earlier this year

Lawmaker Says Microsoft Lapses Led to Ascension Health's Major 2024 HackSen. Ron Wyden, D-Oregon, is urging the Federal Trade Commission to investigate Microsoft over the software giant's alleged "negligent cybersecurity," which he says contributed to ransomware attacks on critical infrastructure sector organizations, including last year's attack on Ascension Health.

Bank Info Security 10 months ago

Breach Roundup: Vidar Strikes Back

Also, Akira Ransomware Resumes Attacks Via SonicWall FlawsThis week, the Vidar infostealer, BlackDB admin, Akira ransomware hackers and Patch Tuesday. A warning for British bankers, a Cursor flaw, a Brazilian dating app shut down. KazMunayGas said it wasn't hacked. Wealthsimple and Hello Gym data breaches. A macOS backdoor hid in plain sight for years.

U.S. Senator Ron Wyden has called on the Federal Trade Commission (FTC) to probe Microsoft and hold it responsible for what he called "gross cybersecurity negligence" that enabled ransomware attacks on U.S. critical infrastructure, including against healthcare networks

Patch, turn on MFA, and restrict access to trusted networks…or else Affiliates of the Akira ransomware gang are again exploiting a critical SonicWall vulnerability abused last summer, after a suspected zero-day flaw actually turned out to be related to a year-old bug.…

Bank Info Security 10 months, 1 week ago

'The Gentlemen' Ransomware Targets Asia Pacific

Trend Micro Researchers Uncover New Ransomware StrainA newly identified ransomware group is targeting victims across the Asia Pacific region using custom-built evasion capabilities that could pose a "significant threat" to organizations, warn researchers at security firm Trend Micro. The Gentlemen deploys customized methods tailored to each target.

Prosecutors claim Ukrainian ran LockerGoga, MegaCortex, and Nefilim ops – $11M bounty on his head A Ukrainian national faces serious federal charges and an $11 million bounty after allegedly orchestrating ransomware operations that caused an estimated $18 billion in damages across hundreds of organizations worldwide.…

Bank Info Security 10 months, 1 week ago

Here's What Blocks In-Progress Ransomware Attacks the Best

Tops: Rapidly Acting on Security Software Alerts and Calling in Incident RespondersRapidly acting on security alerts and activating third-party incident response help are the top two ways organizations have successfully arrested an in-progress ransomware attack before it gets to the encryption, according to a review of more than two years' worth of incident response engagements.

Bank Info Security 10 months, 1 week ago

US Feds Indict Lockergoga and Megacortex Ransomware Hacker

State Department Offers Up to $10M for Tips on Volodymyr TymoshchukA hacker who federal prosecutors say was behind the LockerGoga and MegaCortex ransomware strains faces a seven count criminal indictment in U.S. federal court, prosecutors said Tuesday. Ukrainian national Volodymyr Tymoshchuk, 28, was administrator of the two ransomware operations, prosecutors say.

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