Security News

Security intelligence vendor Flashpoint claims to have found forum comments from customers of the REvil ransomware-as-a-service gang, and they're not happy. The gang's malware may contain backdoors that REvil uses to restore encrypted files itself.

A ransomware group believed to be the latest incarnation of the infamous DarkSide cybergang is being blamed for taking out a farmers' cooperative online network, with extortionists demanding $5.9 million in ransom. The group BlackMatter is credited for the attack on an Iowa collective of farmers called NEW Cooperative.

Ransomware attacks have accelerated at a feverish pace in the last year leaving small businesses, large enterprises, and government agencies scrambling to protect the lifeblood of their organizations - their data. Well, first you need to have a plan - for how to react and recover in the event of a ransomware attack.

Two UK VoIP operators have had their services disrupted over the last couple of days by ongoing, aggressive DDoS attacks. South Coast-based Voip Unlimited has confirmed it has been slapped with a "Colossal ransom demand" after being hit by a sustained and large-scale DDoS attack it believes originated from the Russian cybercriminal gang REvil.

"Many schools cannot operate without their computer systems, and some schools have had to cancel classes due to ransomware attacks," said Paul Bischoff, privacy advocate at Comparitech. "Resolving a ransomware attack without paying the ransom takes about two weeks on average, which is far too long for kids to be out of school. So ransomware creates urgency that makes schools more likely to pay up."

So what are these unexpected places besides supply chain attacks? Kaseya, a lot of people would argue that's not a supply chain attack.

Ransom demands have grown substantially over the past year, smaller companies are increasingly targeted, and cyber criminals continue to take advantage of dislocations in how we work, according to...

To date, the No More Ransom repository of ransomware decryptors has helped more than 6 million victims recover their files, keeping nearly a billion euros out of the hands of cybercriminals, according to a Monday release. Launched five years ago, No More Ransom is maintained via cooperation between the European Cybercrime Centre and several cybersecurity and other types of companies, including Kaspersky, McAfee, Barracuda and AWS. Its purpose is to keep victims from handing over the cash that helps fuel more ransomware attacks, according to Europol.

No More Ransom is celebrating its 5th anniversary and the project says it has helped more than 6 million ransomware victims recover their files and prevented cybercriminals from earning roughly $1 billion. No More Ransom is a joint effort of law enforcement and cybersecurity companies whose goal is to help victims of ransomware attacks recover their files without having to pay the ransom demanded by criminals.

The No More Ransom project celebrates its fifth anniversary today after helping over six million ransomware victims recover their files and saving them almost €1 billion in ransomware payments. "The decryptors available in the No More Ransom repository have helped more than six million people to recover their files for free," the Europol said.