Ransomware news on LG Service Centers and WordPress sites!

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Early this week, hackers targeted LG service center at Seoul with ransomware leading to the lock down of the database with a malicious code. Experts say that the malware could be a renewed version of Wannacry attack which took place in May this year.

LG admitted the news reported by media sources as a fact but clarified that only a few of its service desk kiosks were attacked by ransomware- a malware which infects databases and encrypts them until a ransom is paid to unlock them.

Then the leading electronics maker early today updated on its twitter page that the said ransomware attack took place on Monday this week. At the same time the South Korea based electronics giant said that all of those affected systems were updated with the latest security settings and so are now operating normally.

In another incident about ransomware, a security firm named Wordfence has discovered in its study that a new form of ransomware is on prowl which encrypts the data related to WordPress websites.

According to an update provided by Wordfence, the attacker will compromise a site running on the WordPress Content Management System(CMS) and then upload the ransomware. And once uploaded, the malicious software encrypts the entire site leaving the site owner in the doldrums.

What’s astonishing about this ransomware incident is that hackers can encrypt the database. But cannot decrypt those files in actual as the malware was developed by some inexperienced geeks.

So, Wordfence has issued a notice to all WordPress owners that they should not pay the ransom if in case, their website is targeted by EV Ransomware. The security firm says that it is pointless to pay those hackers, as they don’t have a proper decryption key.

Experts from Cisco Talos say that the best way for WordPress owners to isolate their sites from the said situation is to keep offline backups on hand and to use a firewall protection.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security