New Ryuk Ransomware Function Spreads Across Networks Quickly

In terms of ransoms paid, Ryuk is the most successful strain of ransomware in use today, having netted an estimated $150 million for the group behind the malicious code. According to a recent report published by France’s national cybersecurity agency, it just got even more dangerous. Ryuk has historically been used preferentially against hospitals and companies closely related to the …

New Ransomware Strains Have Researchers On Their Toes

Recently, researchers have discovered two new ransomware strains, dubbed “AlumniLocker” and “Humble”, both of which have very different ways of doing what they do. This highlights the ongoing development and diversification of the larger ransomware threat and underscores the fact that it will be a major cause for concern in the years ahead. Both new strains were discovered by researchers …

A United States Bank Hit By Ransomware And Data Breach

A few months ago, it became widely known that there was a critical security vulnerability in Accellion FTA servers. Naturally, hackers wasted no time exploiting the vulnerability, and since then, we’ve seen a few instances of high-profile data breaches traced back to that very vulnerability. Flagstar bank is the latest such victim. Recently, the company disclosed that their network had …

Ransomware Attackers Demand 20 Million From U.S. Kia Motors

Strange things are afoot at Kia Motors America (KMA), a subsidiary of Kia Motors with more than 800 dealerships scattered across the United States. Recently the company has reported a nationwide IT outage that is impacting their mobile UVO Link apps, phone services, the company’s payment system, and a number of dealer-specific applications. If you’re trying to make a payment …

Healthcare Under Attack By Blast From The Past Ransomware

The year 2017 was an eternity ago in internet time, but back in those ancient days, there was one name in the ransomware world that sent tremors of terror down everyone’s spine. That word was Cerber. As one of the first bits of malicious code to be utilized as “ransomware as a service,” it quickly became the most widely used …

Hackers Are Using DDOS Attacks To Profit Off Businesses

Distributed Denial of Service Attacks (DDOS) have been used by hackers since the earliest days of the web. Get enough internet-connected devices to ping a server at the same time, and you can knock the server offline. Keep the pressure on and you can keep it offline, pretty much indefinitely. These days, given the web’s importance, that can easily bring …

Healthcare Ransomware Problem Is Getting Worse Recently

Ransomware attacks are one of the most prevalent cyber attacks on healthcare. It has been around for many years, however, it became a trend in 2016. Recently, there is a significant increase in the frequency and types of ransomware attacks being perpetrated. Since 2019, even before Covid-19, healthcare providers became the primary target of ransomware attackers. This is because healthcare …

Gen Intel Processors May Get Built In Ransomware Protection

At CES 2021, arguably the most influential and significant tech event in the world, Intel made an important announcement regarding its historic eleventh generation of chips. The latest designs will feature hardware-based ransomware detection protocols, which should serve to make those types of attacks less likely to succeed. In 2020, ransomware became the attack vector of choice for hackers around …

Brand New Ransomware Found On The Internet

Hackers around the world didn’t waste any time. New Year’s celebrations have barely ended, and already, we have our first reports of a new malware strain to help ring in 2021. Dubbed Babuk Locker, the strain is aimed squarely at corporate networks. Based on an analysis of the code, security experts have concluded that the software was designed by mid-level …

Cyber Attacks On Schools Are Increasing According To Recent Warning

With the pandemic still raging, many schools around the world are still shuttered as tens of millions of school age children take to learning from home via remote or distance learning technologies. It is by no means a perfect substitute for in person learning but right now at least, it’s the only viable option available. Unfortunately, the trend has caught …