Ransomware is a type of malicious software that encrypts user data and asks for ransom to make the data available.


Dharma Ransomware Poses as Anti-virus Software in Latest Cyberattack Method

Dharma Ransomware Poses as Anti-virus Software in Latest Cyberattack Method


Dharma ransomware had first made an appearance back in 2016 and is still out to target its next victims through another cyberattack method: this time posing as an anti-virus software to trick users into downloading malware onto their computers.

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Ransomware Decryption Costs Increase as Hackers Use More Sophisticated Attacks

Ransomware Decryption Costs Increase as Hackers Use More Sophisticated Attacks


Ransomware attacks are far from over, and with more sophisticated attacks like Ryuk, Bitpaymer, and Dharma, encryption keys provided through ransom demands have gotten more expensive.

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Ransomware Attack Hits Albany, NY

Ransomware Attack Hits Albany, NY


Albany, NY was hit with a ransomware attack as made public by Mayor Kathy Sheehan via Twitter on Saturday. Several municipal services offered within the city were impacted after the cyberattack. 

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CryptoMix Ransomware Uses Fake Children’s Charity Scheme in Cyber Attack

CryptoMix Ransomware Uses Fake Children’s Charity Scheme in Cyber Attack


There’s a new strain of ransomware going around to entice victims into paying ransom. It’s called CryptoMix, and it utilizes a fictitious charity scheme that promises its victims they are helping a good cause.

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SMBs Beware: Ransomware Threat is Still High for the 2019 Year

SMBs Beware: Ransomware Threat is Still High for the 2019 Year


Data collected from MSPs show that ransomware attacks could likely increase upon small and medium-sized business in the upcoming 2019 year.

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Ransomware Bundles Sell Over Dark Web For Easier Malware Attacks

Ransomware Bundles Sell Over Dark Web For Easier Malware Attacks


Finding purchasable ransomware may not be so difficult for cybercriminals. In a report by ZDNet, findings suggest that ransomware bundles are being sold over the dark web for a hefty, but affordable price of $750.

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WannaCry Ransomware Costs Britain’s NHS Approximately $121M

WannaCry Ransomware Costs Britain’s NHS Approximately $121M


Damages caused by the WannaCry ransomware attack on Britain’s National Health Service back in May 2017 costed the department about £92 million - or approximately $121 million - as overall expenditures were recently calculated.

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Patient Records of Fetal Diagnostic Institute Breached By Ransomware Attack

Patient Records of Fetal Diagnostic Institute Breached By Ransomware Attack


Hawaii’s Fetal Diagnostic Institute of the Pacific (FDIP) recently announced a data breach of patient records. It was reported that around 40,800 patients were impacted, as sensitive information such as name, date of birth, and medical history were compromised.

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KeyPass Ransomware Has Arrived and Can Lead to More Sophisticated Attacks

KeyPass Ransomware Has Arrived and Can Lead to More Sophisticated Attacks


There’s a new strain of ransomware spreading to users globally according to an article published by ZDNet, and its built-in features hint at the possibility of more sophisticated attacks to come.

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Medical Testing Company LabCorp Becomes Victim of Ransomware Cyberattack

Medical Testing Company LabCorp Becomes Victim of Ransomware Cyberattack


Laboratory Corp. of America is now in recovery mode as the large medical-testing company fell victim to a ransomware attack around midnight on July 13th.

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GandCrab Ransomware Infects Windows Computers at Lightning Pace

GandCrab Ransomware Infects Windows Computers at Lightning Pace


GandCrab ransomware is back and stronger than its preceding versions, with upgrades meant to cause further damage as it encrypts users’ data.

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WannaCry Ransomware Wannabes Send Out Phishing Scam Emails Demanding Payment

WannaCry Ransomware Wannabes Send Out Phishing Scam Emails Demanding Payment


A new wave of ransomware attacks had landed upon businesses, but there was something strange about these specific cases--the fact that no actual ransomware was involved.

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Banks are Fighting Back Against Possible Ransomware Attacks

Banks are Fighting Back Against Possible Ransomware Attacks


As a major source of income for cyberthieves, bank targeting by means of ransomware attacks have become the crime of choice. As the name so suggests, ransomware operates by locking and encrypting files within a network until the user(s) provide appropriate payment (usually in bitcoin).

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Liberty Holdings the Next Victim of a Cyberattack

Liberty Holdings the Next Victim of a Cyberattack


South African financial services provider Liberty Holdings suffered from a cyber attack on Saturday according to the Sunday Times newspaper, as an external party demanded payment after revealing that sensitive data was collected.

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UPDATE: City of Atlanta Spends Another $9.5 Million to Repair Damage Caused by Ransomware Attack in March

UPDATE: City of Atlanta Spends Another $9.5 Million to Repair Damage Caused by Ransomware Attack in March


As the city of Atlanta took on a massive ransomware strike back in March 22, the repercussions have continued to grow exponentially, with the city’s municipal government chief information officer (CIO) revealing how the cyberattack was more far-reaching and costly than predicted.

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Leominster School District Pays Out $10,000 After Ransomware Attack

Leominster School District Pays Out $10,000 After Ransomware Attack


Tt’s been reported that Leominster Public Schools have been hit with ransomware.

After an unfortunate attack on April 14th, Superintendent of Schools, Paula Deacon, stated that they paid the $10,000 ransom in bitcoin in order to regain their files.

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City Of Atlanta Spent $3 Million to Solve $52,000 Ransomware Problem

City Of Atlanta Spent $3 Million to Solve $52,000 Ransomware Problem


On March 22nd, The City of Atlanta suffered a massive ransomware attack that led to a $52,000 ransom payout and unfortunately, they have yet to find a resolution - or an end to the millions of dollars they’ve already spent during the recovery process. As of now, the City of Atlanta has paid nearly $3 Million in contracts (and counting). It is unconfirmed whether or not they paid the ransom.

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News

Boeing Reportedly Hit by WannaCry Ransomware


On Wednesday, Boeing stated that it was hit by a cyberattack. Boeing executives identified the malware as the WannaCry virus that hit thousands of computers in over 70 countries last year.

 

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News

Atlanta Crippled Under Ransomware Attack


Atlanta is the latest ransomware victim during a broad-scale attack, targeting computers networks all across the city.

It was said to have affected various internal and external customer facing applications, ranging anywhere from court systems to payments. It is said that a ransom of $51,000 is being demanded to unlock all affected systems.

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Ransomware

Beat Back Ransomware with Snapshot-Based Backups


Ransomware is quickly becoming one of the most pervasive and dangerous cyberthreats. The latest ransomware attacks can evade even the most robust enterprise security systems and quickly spread throughout a company, impairing user productivity and disrupting business for hours or even days. 

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News

Davidson County Hit With Ransomware


Another ransomware attack strikes again: this time in Davidson County, North Carolina. County computers were infected with a strain of ransomware last Friday.

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Backup and Recovery

6 Ways Your Business Can Benefit From a Flat Backup Solution


Cybersecurity threats are continuously evolving; IT systems administrators are tasked with constantly seeking better backup methods that can bring their information systems back online in the event of a malware attack.

It is now common knowledge that having an up-to-date or even a state of the art anti-virus program may not always protect a business from getting infected. There are always Zero-day or obscure security issues that can be exploited; not to mention the possibility of internal threats.

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News

Hancock Health Paid $55,000 to Hackers Despite Having Backups


Earlier this week, it was reported that Hancock Health Hospital in Greeenfield, Indiana was struck by ransomware late last week. Today, Hancock Health CEO, Steve Long, stated that while backups were available, it could have taken “days, maybe even weeks,” to get back to full operation again. It was decided that they would pay the $55,000 ransom (4 bitcoin) instead of wait for the restoration process to be completed.

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News

Why Global Ransomware Attacks Keep Happening


Last week, the world was hit with yet another global ransomware attack. Why do global ransomware attacks keep happening?

The truth is, there is no one, single answer to why ransomware is hitting globally. In a nutshell, perpetrators are taking advantage of outdated, unprotected systems.

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News

SamSam Ransomware Demands Over $33,000 Ransom From Victims


Ransomware has been around for awhile but SamSam ransomware is relatively new to the scene: Consider yourselves warned. We’re used to seeing smaller ransoms for other strains but with SamSam, operators are demanding outrageous ransoms in exchange for decryption. 

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News

NHS, FedEx and Other Companies Hit in Global Ransomware Attack


More than a dozen National Health Services hospitals in England and many other major companies were hit with a crippling ransomware attack today, including FedEx and Spain’s largest telecom.

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Ransomware

Ransomware-as-a-Service Starter Pack Has Been Discovered


While ransomware attacks aren’t for the faint of heart, ransomware-as-a-service helps even the least experienced cybercriminal reach a new low. Cybercrimes and ransomware have pushed their way through the marketplace, paving their way to make some quick cash (well, Bitcoin, technically…). Ransomware is a type of malicious software that locks files and only decrypts them in exchange for a ransom. Most strains of ransomware are deployed by professional criminals. Ransomware-as-a-service (RaaS), however, can be purchased and deployed by an amateur.

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Ransomware

Education Is The Key To Keeping Higher Learning Networks Safe From Ransomware


Although they aren’t typically thought of as a business, higher education institutions hold just as much critical data as any corporation. Without access to this data, it is practically impossible for colleges and universities to operate.

That is precisely why they have become a target for those looking to hijack computer systems and hold critical data for ransom. Campus IT has become a haven for hackers looking to hold information systems hostage in return for an enormous monetary payoff.

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Ransomware

Education Is The Key To Keeping Higher Learning Networks Safe From Ransomware


Although they aren’t typically thought of as a business, higher education institutions hold just as much critical data as any corporation. Without access to this data, it is practically impossible for colleges and universities to operate.

That is precisely why they have become a target for those looking to hijack computer systems and hold critical data for ransom. Campus IT has become a haven for hackers looking to hold information systems hostage in return for an enormous monetary payoff.

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Ransomware

US College Forced to Pay $28,000 to Get Files Back After Ransomware Attack


The Los Angeles Valley College is only one of hundreds of institutions to learn the hard way that data security is the best way to maintain your digital assets. This past December, the college was forced to pay $28,000 via Bitcoins to hackers who held their information for ransom.

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Ransomware

Ransomware – The Story of One of the Most Profitable Businesses in the Hacking World


For the past few years, ransomware attacks have been making headlines with individuals, organizations, and even companies being forced to pay hackers to recover important data that’s been held hostage.

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Ransomware

3 Things You Need to Know about Ransomware, the Malware That Kidnaps Your Data


Don’t click on links. Change your e-mail password. Backup your data to the cloud and off-site storage. As if there weren’t enough things to worry about, you should add “protect your computer network from ransomware” and “save the company thousands of dollars by taking extra safety precautions” to the list.

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News

Q3 Ransomware Statistics That Everyone Should Know


We thought Q2 was bad in the ransomware spectrum, but reports now show that Q3 was even worse. A recent Kaspersky Lab report has revealed that ransomware attacked have more than doubled between July and September 2016. They detected 171,802,109 malicious attacks in over 190 countries in this three month span.

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Ransomware

What is Ransomware? (And How Can It Affect You?)


Ransomware is one of the most common types of malware attacks today, and once you’ve been targeted, it’s difficult to get yourself out of the situation. The attackers encrypt your files, and they’re the only ones that have the key. Decryption is next to impossible. Unfortunately, many Ransomware victims end up simply paying the hackers -- which is exactly what they want you to do.

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Cybersecurity

Testing Cryptfile2 ransomware in action


It’s always interesting to see how a malware or ransomware attack works and infects a network. In this review, we are going to initiate a manual infection to see how Cryptfile2 ransomware functions and infects files and network shares.

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Ransomware

The Secret to Fighting Ransomware


Ransomware is in it for big business, and your online safety has never been as important as it is today. According to a report by Symantec, the average ransom demand has more than doubled since the end of 2015. The average cost was $294 in December and is now up to $679 - and that’s just for individuals.

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Ransomware

Are You Ready for the Ransomware Fight?


Yesterday, McAfee released their McAfee Labs Threats Report: September 2016 and it provides some truly astonishing statistics. Not only has ransomware increased by 128% in the last year, but one ransomware gang alone has made $121 Million off attacks in the first two quarters.

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News

New Cry Ransomware by the Central Security Treatment Organization


A new ransomware has been discovered by MalwareHunterTeam and it’s nothing short of calculated. A fake organization, the Central Security Treatment Organization (or Cry), has released this new strain of malware that works to encrypt your files and append the .cry extension to said files. Once encrypted, they demand approximately 1.1 bitcoins or the equivalent of $625 USD for the decryption key.

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News

Mr. Robot Inspired FSociety Ransomware


If you’re a fan of Mr. Robot, you will instantly recognize the logo on this recently inspired ransomware virus. This new EDA2 variant is now recognized as the FSociety Ransomware, based on the logo of the infamous TV hacking group, FSociety. 

 

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Cybersecurity

Being Proactive vs. Reactive About Cybersecurity


Businesses and organizations have begun to recognize cyber risks and threats, but the majority fail to adequately invest in protection and education. Cyber threats, such as ransomware and malware, can encrypt your files and cause you to lose precious data. Taking a proactive approach by making the time to educate your employees about how to respond to a suspicious email or warning signs are important factors on the prevention end of the spectrum.

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Ransomware

Locky Ransomware Attacks Target Hospitals


This month, several hospitals were hit hard by a massive Locky ransomware campaign. Attackers primarily targeted the healthcare industry via macro-based files and a phishing campaign. The most recent high-profile Locky attack was in February at Hollywood Presbyterian Medical Center in California; the hospital ended up paying out $17,000 worth of Bitcoin. With the sudden rise in attacks, keeping your data safe is more important than ever. Reevert can help keep your files protected.

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Ransomware

Ransomware: Defense, Response and Protection


The ransomware fight is just getting dirtier and dirtier. Ransomware is now being sold as a service, over $209 million in damages has been reported for Q1 (FBI) - the list goes on… Ransomware used to mainly just target end-users. Now, attackers mostly target larger victims such as businesses and corporations because the payout is usually much higher.

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Ransomware

Majority of Businesses Appear Underprepared For Ransomware Attack


Businesses acknowledge the grave dangers of a ransomware attack, yet 84% of them say that they would choose not to pay the ransom. Ransomware attacks have the power to halt your operations and as any business owner can agree, time down equals money lost.

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Virus and Malware

Is the Newest Ransomware Even Considered Ransomware?


The newest form of ransomware (if we dare call it that) looks the part but breaks the rules. Ranscam operates similarly to ransomware in the way of encrypting files for a payment, but in this case, you won’t be getting your files back.

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Cybersecurity

Three Reasons Cyber Crime Is Undoubtedly Getting Worse


In the ever-growing world of technology, the list of threats has only gotten worse. Accounts of cybercrime have gone through the roof as of late and they don’t show signs of stopping. CEO fraud, real estate scams, ransomware… the list goes on. Today, we’re highlighting three pieces of proof that cyber crime isn’t something to ignore. 

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Ransomware

Did A Fortune 500 Company Hire This Ransomware Gang to Hack Competition?


The world of ransomware is dirty enough as it is, but by the looks of it, it’s getting even dirtier. Ransomware (a mashup of the words ransom & malware) has been a growing problem in technology over the years. Ransomware is now considered to be the most lucrative form of malware to date - and some Fortune 500 companies might have caught on to that.

 

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Ransomware

Ransomware - As Reported by the FBI


Imagine running a successful corporation and with one simple click of a mouse, your data is locked. A message pops up telling you that your data has been encrypted and that you must pay $50,000 to regain access. The devastation sets in when you realize that you are now one of millions that have been hit by ransomware.

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