An urgent bulletin from the Burlington, Mass. company documented at least eight security defects that could be exploited remotely and urged business customers to immediately upgrade to WS_FTP Server 2020.0.4 (8.7.4) and WS_FTP Server 2022.0.2 (8.8.2). Progress Software said two of the vulnerabilities — CVE-2023-40044 and CVE-2023-40045 — are rated critical because of the risk…

The individual, Mikhail Vasiliev, was arrested in late October, Europol said on Thursday. He is described as one of the world’s most prolific ransomware operators and one of Europol’s high-value targets due to his involvement in many high-profile ransomware cases. Authorities said he demanded ransom payments ranging between €5 and €70 million. The US Justice…

The LockerGoga ransomware has been around since at least 2019, when it was used in attacks targeting several industrial organizations, including Norwegian metals and energy giant Norsk Hydro and US-based chemical companies Hexion and Momentive. The individual who operated LockerGoga is believed to be part of a cybercrime ring that also used the MegaCortex ransomware…

AGCO designs, makes, and distributes agricultural machinery and precision technology, offering equipment under brands such as Challenger, Fendt, Massey Ferguson, and Valtra. On Friday, the company announced that it fell victim to a ransomware attack that impacted some production facilities. AGCO says it has launched an investigation into the incident and estimates that it might…

Ransomware incidents have increased dramatically over the past few years. Complaints about ransomware attacks to the FBI’s Internet Crime Complaint Center surged 62% in the first half of 2021 compared to a similar time frame in 2020, according to the Cybersecurity and Infrastructure Security Agency. To blunt this growing threat, security professionals need to understand…

The cybersecurity world is still feeling the effects of the 2017 WannaCry ransomware attack today. While the majority of the damage occurred in the weeks after May 12, 2017, WannaCry ransomware attacks actually increased 53% from January 2021 to March 2021. While researching my in-depth article WannaCry: How the Widespread Ransomware Changed Cybersecurity, I learned…

Data breaches like ransomware can be catastrophic for some businesses. Not only do affected organizations lose revenue from the downtime that occurs during the incident, the post-breach costs can be significant. These costs can include everything from the time and resources it takes to detect how the compromise occurred and remediate the actual threat to…

In a letter to customers, the company indicated that outsiders might have gained access to Social Security numbers, passport numbers, dates of birth, addresses and health information of people. The company declined to say how many people’s information was exposed. The breach comes after Carnival was hit twice last year by ransomware attacks. Carnival spokesman…