Ransomware
Ransomware attacks cost $17 billion in downtime
Ransomware attacks have been a growing threat to businesses and individuals over the past several years, causing significant financial losses and operational disruptions. The effects of these attacks extend far beyond the immediate ransom demands. Companies and individuals are faced with extensive downtime, the high costs of risk mitigation, upgrades to both hardware and software, […]
How Data Backups Turn Vital in Ransomware Scenarios
Ransomware attacks have become one of the most menacing threats to businesses, governments, and individuals alike. These malicious software programs encrypt vital data and demand a ransom, often in cryptocurrency, to restore access. With the growing sophistication and frequency of ransomware attacks, the need for robust cybersecurity measures has never been more pressing. One of […]
Ransomware spreading through Microsoft Teams
Black Basta ransomware, a notorious cybercrime group, has recently resurfaced in the news for its new and alarming method of spreading file-encrypting malware through Microsoft Teams. Teams, a widely used messaging and collaboration app, has become a target for this group, which typically operates within the technology, finance, and public sector industries. This tactic was […]
Professionalization seen in Russian Cyber Crime groups linked to Ransomware
In recent years, job postings in the software and IT sectors have become commonplace, with companies constantly searching for skilled professionals to fill various technical roles. However, a concerning new trend has emerged, showing the increasing professionalization of cybercrime: hacking groups, particularly those operating from Russia, have begun posting direct job advertisements online. These ads […]
Cybersecurity news headlines trending on Google
Helldown Ransomware Targets Linux and VMware Server Environments A new variant of ransomware called Helldown, which emerged earlier this year, is now causing alarm as it begins targeting Linux and VMware server environments. This shift has raised concerns among cybersecurity experts, as many critical IT systems operate on Linux-based servers, which can support millions of […]
Consequences of Bowing Down to Hackers in Ransomware Attacks
Ransomware attacks have become one of the most dangerous cybersecurity threats in recent years. As cybercriminals increasingly target individuals, businesses, and even government organizations, the choice of whether or not to pay the ransom has become a contentious issue. In many cases, victims of ransomware attacks are faced with a difficult decision: to pay the […]
Phorpiex Botnet Phishing Emails Linked to LockBit Black Ransomware Campaign
A botnet named Phorpiex has been discovered playing a key role in the distribution of millions of phishing emails aimed at deploying LockBit Black Ransomware. The cyberattack campaign was first identified in October 2024, though it is believed to have been active since April 2024. This discovery was made by the New Jersey Cybersecurity and […]
Hacking Groups Collaborate for Double Ransom Scheme
Kaspersky, the cybersecurity firm originally based in Russia, has uncovered a troubling trend where cybercriminal groups are teaming up to maximize profits by deploying two types of malicious attacks in succession. This collaborative strategy involves spreading information-stealing malware first, followed by a ransomware attack—ensuring cybercriminals receive double the ransom. The latest discovery came from an […]
Medusa Ransomware attack impacts 1.8 million patients
In what could potentially be the largest data breach in the history of pathology labs in the United States, the Medusa Ransomware group has reportedly affected over 1.8 million patients associated with Summit Pathology Laboratory in Colorado. This incident underscores a significant vulnerability within the healthcare sector and raises serious concerns about data security practices. […]
What to Do If Hit by Ransomware
Ransomware attacks are increasingly common, and falling victim to one can be a terrifying experience. If you find yourself in this situation, here’s a step-by-step guide on how to respond effectively. 1. Stay Calm and Assess the Situation • Don’t panic. Take a moment to assess what’s happening. Identify which files or systems have […]
