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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, 7 months ago

TrickBot Developer Pleads Guilty in US Court

Vladimir Dunaev Faces Up to 35 Years in PrisonA Russian national pleaded guilty in U.S. federal court for his role in developing TrickBot. Operators of the malware targeted hospitals and healthcare centers with ransomware attacks during the height of the novel coronavirus pandemic. Vladimir Dunaev faces up to 35 years in prison.

Bank Info Security 2 years, 7 months ago

Surgical Practice Notifying 437,400 Patients of Data Theft

The Incident Involves Ransomware Encryption and Follows Familiar, Concerning TrendsA large, Seattle-based surgical group is notifying nearly 437,400 individuals that their information was potentially compromised in a ransomware and data theft incident earlier this year. The breach is part of a larger, disturbing trend in the healthcare sector in 2023.

Bank Info Security 2 years, 7 months ago

ISMG Editors: What Did the Sam Altman-OpenAI Saga Teach Us?

Also: ChatGPT Turns 1 Year Old; Police Nab Ransomware Gang Chief in UkraineIn the latest weekly update, four editors at Information Security Media Group discuss Sam Altman and OpenAI's brief leadership nightmare, the state of generative AI one year after the general release of ChatGPT, and how police nabbed a suspected ransomware group ringleader in Ukraine.

Bank Info Security 2 years, 7 months ago

Cactus Ransomware Using Qlik Bugs, DanaBot in Latest Attacks

Operators Exploit Flaws in Data Analytics Platform to Access Corporate NetworksOperators of a new ransomware strain dubbed Cactus are using critical vulnerabilities in a data analytics platform to gain access to corporate networks. Cactus ransomware operators are also getting an assist from deploying Danabot malware that is distributed through malvertising.

CISA calls for stronger IT defenses as Texas district also hit by ransomware crew CISA is investigating a cyberattack against a Pennsylvania water authority that has been linked to what are suspected to be Iranian miscreants. The US Homeland Security agency also warned it is expecting more attempts to subvert programmable logic controllers in America's critical infrastructure.…

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