RaaS Archives - Page 3 of 3 - Cyber Security Minute

BlackMatter ransomware group announces shutdown. But for how long?

Issued by: Blog Malwarebytes

The BlackMatter ransomware gang has announced they are going to shut down their operation, citing pressure from local authorities. And pressure there is. Only two weeks ago, we wrote about a warning that the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the National Security Agency (NSA) had issued over…

Malware & Threats

New Unlock26 Ransomware and RaaS Portal Discovered

Issued by: Security Week

A recently discovered Ransomware-as-a-Service (RaaS) portal was found to be responsible for the distribution of a brand new ransomware family dubbed Unlock26. Dubbed Dot-Ransomware, the RaaS portal went live on February 19, and security researchers suggest that the Unlock26 ransomware was released the same day. Further, they reveal that the ransomware operation features a very…

Malware & Threats

Satan RaaS Promises Large Gains With Zero Coding Needed

Issued by: Security Week

A newly discovered family of ransomware is being offered via the Ransomware-as-a-Service (RaaS) business model, allowing cybercriminals to easily customize their own versions of the malware, researchers explain. Dubbed Satan, the new ransomware family was discovered by security researcher Xylitol and is available for any wannabe criminal, as the service only requires the creation of…

Malware & Threats

Highly lucrative Ransomware as a Service attacks poised to accelerate in 2017

Issued by: Help Net Security

Ransomware can be likened to global warming. It’s been around for years, but it’s now becoming an epidemic which needs serious attention. According to a recent survey conducted by Osterman Research, nearly 50% of U.S. companies experienced a “ransomware incident” over the last year. Without taking into account the number of unreported ransomware incidents, the…