Below you'll find a list of all posts that have been categorized as “Ransomware”
Did you know that 9 in 10 cyberattacks start with a phishing email? Email is the most likely vector for employees to come into contact with a cyber threat, and every business is inundated with email daily. It’s critical that businesses do everything that they can to reduce their risk of an email-based cyberattack landing. Most of today’s most damaging …
A small retail business was hit by a ransomware attack. Cybercriminals encrypted their critical data and demanded a ransom of $50,000 for decryption. Despite having a backup system, the company decided to pay the ransom due to the lack of knowledge about the time required for restoration and the cybercriminals’ promise of faster decryption. This scenario highlights the increasing threat …
Cybercrime is becoming increasingly common as businesses continue to rely on technology to conduct their operations. Cybercriminals are constantly looking for new ways to exploit businesses and individuals. One of the methods gaining popularity is using Telegram, a popular messaging app that offers end-to-end encryption. Telegram has become a hub for selling phishing tools and services due to its secure …
Researchers at SentinelLabs have uncovered a new, modular malware toolkit called “AlienFox.” Cybercriminals use AlienFox to breach email and web hosting services. It compromises misconfigured hosts on cloud platforms and takes sensitive data. You can often find this new toolkit in Telegram groups. Researchers call AlienFox a “Swiss Army knife” toolkit because of its versatility. Understanding AlienFox AlienFox is a …
The Federal Bureau of Investigation (FBI) and the Federal Communications Commission (FCC) are warning the public about the dangers of “juice jacking.” Juice jacking occurs when someone innocently plugs their phone or mobile device into a compromised USB port that is infected with malicious software. Such malware can allow criminals to steal personal data and passwords. Charging a tablet or …
The dark web is constantly evolving to present a thorny ticket of hazards for businesses. The point of origin for many of today’s most nasty and damaging cyberattacks, the dark web is the world’s third-largest economy and unlike many of the world’s industries, constantly growing. Dark web threats Cybersecurity Ventures predicts that global cybercrime costs will grow by 15% per …
The United States government is alerting organizations about the Royal ransomware operation. The Federal Bureau of Investigation (FBI) and the Cybersecurity & Infrastructure Security Agency (CISA) said in a joint advisory that the Royal ransomware gang poses an increasing threat to critical infrastructure of numerous sectors in the U.S. The Royal ransomware group has been targeting different sectors across the …
Phishing attacks have reached a new high, with cybercriminals favoring various phishing techniques to trap their victims in nasty phishing scams. Hackers use different phishing techniques as a precursor to many devastating cyberattacks like ransomware, business email compromise (BEC), malware and account takeover. As perpetrators use deceiving social engineering lures, their targets often fall prey to their tricks. That’s why …
Ransomware is a threat businesses cannot afford to ignore. Such a cyberattack often blocks user access to systems until the perpetrator receives ransom. A recent cautionary tale is a ransomware attack on Dole Food Company. Dole reported on Feb. 22 a cybersecurity incident involving ransomware. Although it is unclear when or how the attack occurred, Dole said it had a …
On Feb. 8, 2023, the City of Oakland suffered a ransomware attack. It forced several city systems to go offline. Fortunately, it did not affect emergency services. 911 and fire rescue were still online. Digital security experts investigated the incident. They assume the attack started with an email that contained a malicious ransomware program. When a user clicks on a …
