ransomware

Malware & Threats

Issued by: Dark Reading

Ransomware incidents are on the rise and this week proved no exception, with the discovery of a Linux-based ransomware family called Cheerscrypt targeting VMware ESXi servers and an attack on SpiceJet, India’s second largest airline. Meanwhile, an oddball “GoodWill” variant purports to help the needy. The Cheerscrypt ransomware variant was uncovered by Trend Micro and…

Malware & Threats

Issued by: Security Week

Also referred to as APT35, Magic Hound, NewsBeef, Newscaster, Phosphorus, and TA453, the advanced persistent threat (APT) actor is known for the targeting of activists, government organizations, journalists, and various other entities. In November 2021, a joint advisory from government agencies in the US, UK, and Australia warned of Iranian state-sponsored attacks targeting critical infrastructure…

Malware & Threats

Issued by: Security Week

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…

Malware & Threats

Issued by: CIO Security

Companies face various cyber risks, ranging from ransomware to data theft. Cyber threat actors gain access to an organization’s systems in various ways. However, cybercriminals commonly take the path of least resistance, and organizations’ reliance on password-based authentication provides numerous avenues of attack. Passwords are known to be a weak form of authentication, and the…

Malware & Threats

Issued by: Dark Reading

Evidence that members of the defunct REvil group may be reviving the ransomware gang continues to accumulate, but cybersecurity experts question whether the group will have the same impact that it once did. On April 29, anti-malware firm Avast revealed that the company’s software had blocked a ransomware sample that appeared to be generated using…

Cloud Security

Issued by: CIO Security

The ransomware scourge continues, with incidents hitting a U.S. record in the second quarter of 2021, as attackers expand into vertical industries and target critical infrastructure. Ransom demands have also been growing. According to IT Governance, the average decryption key rate from attackers is $140,000 yet many organizations end up paying much more than that….

Malware & Threats

Issued by: Dark Reading

When it comes to ransomware, more companies are seeing attacks and have had data encrypted, according to research out this week. And even though more companies are backing up or paying ransom demands, less data was recovered in 2021 compared with the previous year. For instance, in its “State of Ransomware 2022” report, cybersecurity firm…