A newly identified financially motivated threat group, dubbed "FIN11," is deploying Clop ransomware and exfiltrating data from its targets for extortion efforts, according to researchers at FireEye Mandiant.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Those selling "network access" on underground forums are adjusting their business models to take advantage of the huge influx of ransomware gangs that are looking for easier and more efficient ways to gain access to their targets, Accenture reports.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.
Ransomware has emerged as the No. 1 online threat targeting public and private organizations this year. Seeking maximum returns, more gangs have moved beyond opportunistic attacks to target organizations with "post-intrusion ransomware." Meanwhile, many victims fail to report such crimes to police.
Ransomware is a prevalent cybersecurity threat. Threat actors are constantly changing tactics looking for new ways to force ransom payments. With each new emerging ransomware threat family, the size and scope of threats are more aggressive too. This has led to incredible increases in the average ransoms paid over the...
Security researchers at Appgate are warning about a recently uncovered ransomware variant called Egregor that appears to have infected about a dozen organizations worldwide over the past several months. The gang behind this crypto-locking malware is threatening to release data if victims don't pay.
Among the most malicious and potentially dangerous cyber incidents affecting the healthcare, energy and other sectors are evolving "distruptionware" attacks - including ransomware - that aim to shut down businesses, says retired FBI agent Jason G. Weiss.
A Treasury Department advisory offers a reminder that financial institutions, cyber insurance firms and others that facilitate a ransom payment after a ransomware attack could face federal penalties. But the warning isn't necessarily a sign of a looming enforcement effort, some cybersecurity experts say.
Ransomware creators are acutely aware that network or endpoint security controls pose a fatal threat to any operation, so they've developed a fixation on detection logic. Modern ransomware spends an inordinate amount of time attempting to thwart security controls, tilling the field for a future harvest.
This article discusses a case that started with an email from a brand-new MTR customer.
The customer had just heard that a third-party vendor they work with had been hit by ransomware and was worried they might also be affected.
Download this case to get a deeper analysis about how:
The script was a downloader...
A panel of IT forensic, legal and insurance experts will speak to the ever-present theme of data exfiltration threats in ransomware scenarios, how to protect against it, how to deal with it when it happens and the ensuing challenges.
As Universal Health Services continues to recover from an apparent ransomware incident last weekend that affected system access for hundreds of its facilities, security experts say others can learn important lessons from the company's experience.