24 Jun 2019

Pledges to Not Pay Ransomware Hit Reality

Last week, the City Council of Riviera Beach stated that its decision to pay $600,000 in ransom to threat actors that infected the city network with ransomware, was made based on the advice of external security consultants. This move was criticized by many in the cybersecurity industry, because paying up

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24 Jun 2019

UK Police suspend work with major forensics firm after cyber-attack

A recent ransomware attack on forensics firm Eurofins has impacted operations of the UK police department, which is now dealing with an increasing backlog of pending forensic investigations. Eurofins provides various types of forensic services, including DNA analysis, toxicology, ballistics and computer forensics work. It is believed that the UK

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21 Jun 2019

Ransomware gang hacks MSPs to deploy ransomware on customer systems

Threat actors recently obtained unauthorized access to the networks of three managed service providers (MSPs) and subsequently targeted customers of the compromised firms with ransomware using SecureAnywhere, an MSP tool by Webroot designed for the remote monitoring and management of client machines. The ransomware used in the attack is dubbed

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20 Jun 2019

Florida City Pays $600,000 Ransom to Save Computer Records

In an incident that should serve as a warning for government entities and corporations alike, Riviera Beach, Florida this week decided to pay $600,000 in ransom to threat actors that infected the city network with ransomware three weeks ago. All the city’s records were encrypted as a result of the

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18 Jun 2019

Release of GandCrab 5.2 Decryptor Ends a Bad Ransomware Story

Bitdefender has released an updated version of a tool that can decrypt files encrypted by GandCrab ransomware. The free decryptor is the result of a collaborative effort by Bitdefender, the FBI and law enforcement agencies from various European countries. GandCrab was first released in January of last year and quickly

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14 Jun 2019

Ransomware rebounding in popularity as cryptojacking loses steam

Ransomware campaigns surged by 167% between Q4 of last year and the first three months of 2019, new research by Positive Technologies shows. Ransomware now accounts for 24% of all cyberattacks, up from 9% in Q4 of 2018. The resurgence of ransomware coincides with a drop in cryptojacking, i.e. the

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13 Jun 2019

Ransomware halts production for days at major airplane parts manufacturer

Airplane parts manufacturer ASCO suffered a ransomware attack on June 7 that prompted the firm to shut down production facilities in Belgium, Canada, Germany and the US for at least one week. The ransomware hit the network of ASCO’s production plant in Zaventem, Belgium. The company has not indicated if

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11 Jun 2019

Food Bank Hit By Ransomware, Needs Your Charity to Rebuild

Auburn Food Bank, a non-profit in Auburn, Washington, suffered a ransomware attack on June 5. All of the charity’s computers were encrypted after being infected with a ransomware strain called GlobeImposter 2.0. The organization decided not to pay the ransom, and to wipe all devices on its network instead. As

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07 Jun 2019

Healthcare Orgs Hit with Destructive Attacks

New research by Carbon Black shows that the healthcare sector is increasingly targeted by threat actors. As many as 83% of healthcare organizations have noticed a rise in cyberattacks over the past year and 2 in 3 firms (66%) say that the attacks are getting more sophisticated. Ransomware continues to

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03 Jun 2019

GandCrab Ransomware Shutting Down After Claiming to Earn $2.5 Billion

The threat actors behind the notorious GandCrab Ransomware this weekend announced on an underground forum that they will end their reign of terror within a month. The cybercriminals claimed that their highly popular ransomware strain has generated over $2 billion in ransom payments since the campaign was launched in January

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