ransomware

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Losses due to recent strains of ransomware; Option A= $62million? or Option B = $310million?

Both sound like bad options, but the choice is obvious. The recent reports of “Bad Rabbit” attacks have put ransomware top of mind in the cybersecurity world. Bad Rabbit is certainly not the first of its kind; in fact, it’s not even the first this year. The ransomware dubbed “Petya” was first discovered in 2016 and morphed into the still more dangerous “NotPetya” in March of 2017. NotPetya wreaked havoc for thousands of users worldwide, taking advantage of weaknesses in [...]

Bad Rabbit Did a Bad Bad Thing

New Ransomware Bad Rabbit is Wreaking Havoc Bottom Line Up Front: Preparation is your best friend to defend against Ransomware – get a backup system now for your company’s network and your personal computer On October 24th, the U.S. Computer Emergency Readiness Team announced reports of a new ransomware infecting computers around the world. This attack is the third major international ransomware campaign in 2017 alone, with NotPetya and WannaCry preceding it. These fittingly ominous names represent the widespread damage [...]

This is why we preach ‘Layered Defenses’

As they say in the Intelligence Community, ‘our dear friends’ have shared some rather important news and it’s a big deal because you the human can do a lot to prevent the losses that are being yielded to the profiting cyber criminal groups. Ransomware is on the rise. This may come as a surprise to no one because this seems to match the headlines and murmurings that we in the business world hear all day. However this time your ears [...]

New Prevention Tactics for Avoiding Malware

In an effort to combat the epidemic of ransomware attacks, the FBI identified key steps to help prevent a breach. There are over 4000 ransomware attacks per day, and the number is expected to increase. Individuals and businesses need to protect themselves against this insidious intrusion. Ransomware is a form of malware designed to extort money from businesses and individuals. It encrypts data on a home computer or business network, and in some cases seeks out connected backups to encrypt [...]

Good advice can lead to bad cybersecurity choices

  Generation Y and Millennials have a skewed view of cybersecurity. They are told constantly “be careful what you post; once it’s on the web it’s there forever.” Good advice. Unfortunately this has given the impression to 16-34 year olds that they can retrieve their data from sources other than their PC, phone or tablet, namely the web! Ransomware in particular is not seen as a threat. Ransomware is malicious software designed to take over a PC or other Internet [...]

Why Spear Phishing and Social Engineering Work

Why Spear Phishing and Social Engineering Work People are the weakest link when it comes to cybersecurity. Why do they click on an embedded link contained in an email. Why do they open what looks like a suspicious email in the first place? Successful ransomware and spear phishing attacks continue to be on the rise; in February a Los Angeles hospital paid $17,000 to hackers in order to “free” their computers. http://www.latimes.com/business/technology/la-me-ln-hollywood-hospital-bitcoin-20160217-story.html So far this year the FBI estimates $200 [...]

Tactics of the Attacker – New European Spear Phishing Campaign

Tactics of the Attacker - New European Spear Phishing Campaign Cyber criminals are taking ransomware to a new level. The BBC is reporting consumer personal information is being stolen from unsecured databases. See here for details: http://www.zdnet.com/article/new-phishing-attack-knows-your-address-and-brings-ransomware/ That data is then used to create carefully crafted spear phishing email. The emails have names, addresses, etc of the user. The email comes in the form of a collection letter,demanding money for an unspecified service or overdue bill. The email looks legitimate. [...]

Police Pay Ransom

Looks like CNN’s prediction that 2016 will be ‘The Year of the Ransomware’ is coming true, and in spectacular fashion. Cyber criminals are targeting the most unlikely of victims: local U.S. police departments!  (http://www.nbcnews.com/news/us-news/ransomware-hackers-blackmail-u-s-police-departments-n561746)   The attacks are based out of Eastern Europe. Since 2013 departments in seven states have reported attacks. NBC News reports that five Maine police departments were locked out of their records management systems last year. Departments in Alabama and New Hampshire were also breached, but [...]

Gone Phishing

      CNN has declared 2016 ‘Year of the Ransomware.’ In a recent report from Ponemon, 90% of US companies surveyed have been breached at least once. (http://www.computerworld.com/article/2509366/security0/90--of-companies-say-they-ve-been-hacked--survey.html) Criminal Phishing and Spear Phishing campaigns continue to be successful. They extort millions of dollars from government agencies, companies and non-profit organizations. Businesses need to know how vulnerable they are; and to define a metric, use internal Phishing campaigns to determine risk.   Companies are not disclosing specific internal phishing campaign [...]

Hackers For Hire

Don't laugh. It  may sound crazy, but there are actually online marketplaces, online, out in the open, where you can hire a hacker to meet your particular needs. Now, the guidelines seem to indicate that every request should be on the up and up, but taking a look around tells another tale on Hacker's List. (https://nakedsecurity.sophos.com/2015/01/19/hackers-for-hire-hackers-list-for-those-with-no-ethics-or-espionage-skills/) And keep in mind-this is only one website, out in the open. This does not take into account those more unsavory actors operating in [...]