The gang behind Black Rose Lucy malware, which targets Android users, has added ransomware capabilities, according to Check Point Research. The malware, which dates back to 2018, originally was designed as a malware-as-a-service botnet and dropper for other malicious code.
IT services and consulting giant Cognizant is still assessing the damage from a ransomware attack on Friday. And it's warning that the incident is disrupting services to some of its clients and could affect the company's revenue.
In the age of COVID-19 - when staying as close to home as possible and trying to avoid touching anything in public that might spread coronavirus is the new normal - cash is out, and "contactless" payments are in, if you're lucky enough to be able to use them.
The ransomware threat has scaled up to match the new remote workforce. But have backup policies and incident recovery procedures improved to keep pace? David Shaw and John Bilotti of Nasuni share tips on ransomware recovery, remote file-sharing and business continuity.
Many criminals are continuing to tap cybercrime platforms and services to make it easier to earn an illicit paycheck, sometimes by combining tools, such as Emotet, Ryuk and TrickBot. This "loader-ransomware-banker trifecta has wreaked havoc" in recent years, says security firm Intel 471.
As the COVID-19 crisis continues, healthcare organizations need to ramp up efforts to mitigate the threats posed by cybercriminals who are trying to exploit the chaos, says attorney Jason G. Weiss, a cyber forensics expert and retired FBI agent.
Travelex, a London-based foreign currency exchange that does business in 26 countries, including the U.S., paid a ransomware gang $2.3 million to regain access to its data following an attack, the Wall Street Journal reports. The incident crippled the company's customer services for weeks.
Cybercrime groups and nation-state hacking gangs are continuing to exploit the COVID-19 pandemic to further their aims, U.K. and U.S. security agencies warn in a joint alert. While overall attack levels haven't increased, they say, "the frequency and severity of COVID-19-related cyberattacks" looks set to surge.
As the COVID-19 outbreak has intensified, so too has cybercrime, including ransomware, Interpol, the international crime-fighting agency, warns. Despite some gangs claiming to no longer be targeting healthcare organizations, experts have seen "no abatement, empathy or free decryptor" from any of them.
As global enterprises get their arms around supporting and securing a near-total remote workforce, their digital adversaries are adapting - and so is the role of deception technology. Carolyn Crandall of Attivo Networks discusses how deception can help mitigate new risks.
The stuck-at-home chronicles have fast become surreal, as remote workers face down a killer virus on the one hand and the flattening of their work and personal lives on the other. To help, many have rushed to adopt Zoom. And for many use cases - hint: not national security - it is a perfectly fine option.
Switzerland-based global insurance firm Chubb acknowledges that it's investigating a "security incident." Meanwhile, the Maze ransomware gang is claiming Chubb is its latest victim, according to researchers at the security firm Emsisoft.
More bad ransomware news: Following in the footsteps of Maze, now even more cybercrime gangs are threatening to not only crypto-lock systems but also leak stolen data. Such moves come following a banner year for ransomware operators, who are continuing to bring more advanced tactics to bear.
Finastra, a large financial services software provider based in London, continues to recover from a ransomware attack that forced the company to take its IT operations offline Friday to prevent further damage to its corporate network, according to the company's CEO.