Security News

What the Latest Ransomware Attacks Teach About Defending Networks
2024-03-21 14:02

Here's a lowdown on some recent ransomware attacks, lessons worth learning from them, and tips to help limit ransomware risk. Ransomware attacks have knock-on financial impacts when companies need to swiftly shut down systems that might form the backbone of their normal operations.

TeamCity Flaw Leads to Surge in Ransomware, Cryptomining, and RAT Attacks
2024-03-20 11:26

Multiple threat actors are exploiting the recently disclosed security flaws in JetBrains TeamCity software to deploy ransomware, cryptocurrency miners, Cobalt Strike beacons, and a Golang-based...

Crypto scams more costly to the US than ransomware, feds say
2024-03-19 20:00

The FBI warned of increases in crypto scams in March last year, saying most begin with some sort of social engineering, like a romance or confidence scam, which then evolve into crypto investment fraud. The total losses from investment fraud also beat those incurred by ransomware across the country, according to the latest report [PDF] from the FBI's Internet Crime Complaint Center.

Protecting distributed branch office environments from ransomware
2024-03-18 03:00

The serious scale of the threat posed by ransomware attacks in the UK, Europe and globally was bought into sharp focus by the UK House of Commons/House of Lords Joint Committee on the National Security Strategy in its December 2023 report, A hostage to fortune: ransomware and UK national security. Huawei aims to do just that, having unveiled its new HiSec SASE Solution - designed to deliver cloud-network-edge-endpoint integrated intelligent protection and provide consistent security assurance for both enterprise headquarters and branch offices - at last month's Mobile World Congress in Spain.

StopCrypt: Most widely distributed ransomware evolves to evade detection
2024-03-14 20:59

A new variant of StopCrypt ransomware was spotted in the wild, employing a multi-stage execution process that involves shellcodes to evade security tools. StopCrypt, also known as STOP Djvu, is the most widely distributed ransomware in existence that you rarely hear about.

StopCrypt: Most widely distributed ransomware now evades detection
2024-03-14 20:59

A new variant of StopCrypt ransomware was spotted in the wild, employing a multi-stage execution process that involves shellcodes to evade security tools. StopCrypt, also known as STOP Djvu, is the most widely distributed ransomware in existence that you rarely hear about.

LockBit ransomware kingpin gets 4 years behind bars
2024-03-14 18:26

A LockBit ransomware kingpin has been sentenced to almost four years behind bars and ordered to pay more than CA$860,000 in restitution to some of his victims by a Canadian court as he awaits extradition to the US. During a sentencing hearing this week, Justice Michelle Fuerst said 34-year-old Mikhail Vasiliev was a cyber-terrorist who was "Motivated by his own greed," according to CTV News. Vasiliev, a dual Canadian-Russian national living in Bradford, Ontario, pleaded guilty last month to eight counts of cyber-extortion, mischief, and weapons charges against Canadian victims, including businesses in Saskatchewan, Montreal, and Newfoundland.

LockBit Ransomware Hacker Ordered to Pay $860,000 After Guilty Plea in Canada
2024-03-14 13:47

A 34-year-old Russian-Canadian national has been sentenced to nearly four years in jail in Canada for his participation in the LockBit global ransomware operation. Mikhail Vasiliev, an Ontario...

Nissan confirms ransomware attack exposed data of 100,000 people
2024-03-14 13:04

Nissan Oceania is warning of a data breach impacting 100,000 people after suffering a cyberattack in December 2023 that was claimed by the Akira ransomware operation. Two weeks later, the Akira ransomware gang took responsibility for the attack and claimed it had stolen 100GB of data, including documents containing personal employee information, NDAs, project data, and information on partners and clients.

IT leaders think immutable data storage is an insurance policy against ransomware
2024-03-14 04:00

69% consider this data storage essential to their corporate cybersecurity, and only 12% of those who deployed immutable data storage say it is not essential. This is followed by France at 96%, Germany at 94% and the UK at 85%. While a relatively low number of IT leaders worldwide who currently use immutable data storage do not regard it as "Essential" to their cybersecurity strategy, a larger percentage resides in the UK: 24% of UK respondents have deployed it but say it is not essential to their cybersecurity, compared to 11% in France, 9% in the US and 6% in Germany.