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Spain Warns Thousands Professional Hackers Protect Cyber Attacks

Security unease for digital innovators

Security unease for digital innovators 14:00 | 11/03/2021 Security unease for digital innovators. Source: freepik.com The National Cyber Security Center (NCSC) under the Ministry of Information and Communications (MIC) on February 24 warned state-owned agencies and enterprises, commercial banks, and financial institutions about possible network attacks via VMware’s software. Several privacy flaws in VMware’s products vCenter, ESXi, and Cloud Foundation were announced by the software giant on February 23. These vulnerabilities could enable hackers to remotely execute codes, possibly causing serious damage to users. According to the NCSC, hackers could attack VMware’s vCenter servers and gain control of the information system. Worse still, it is estimated that more than 6,700 systems are in the vCenter network, over 150 of which are in Vietnam.

Mark of Ransomware s Success: $370 Million in 2020 Profits

Fresh affiliate programs helped ransomware-as-a-service operators achieve record profits in 2020. (Source: Group-IB) Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it s been generating and the relative ease of use for attackers - including support from a burgeoning cybercrime-as-a-service market. Blockchain analysis firm Chainalysis this week reported that it s found just under $370 million in known 2020 ransomware profits - via ransoms that got paid - which represents a 336% increase over known 2019 earnings. The firm continues to update those estimates as it identifies previously unknown cryptocurrency wallets tied to gangs. IBM Security X-Force, in its latest Threat Intelligence Index, says that of the incidents it investigated in 2020, 23% could be attributed to ransomware, up from 20% in 2019. The most-seen strains tied to attacks that it saw were Sodinokibi/REvil (in 22% of ransomware incidents), Nefi

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