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Malware-related attacks jump by 54% - Help Net Security

Malware-related attacks jump by 54% Malware-related attacks jump by 54% Extensive analysis of cyberthreats in 2020 reveals a 91% jump in attacks on industrial companies and a 54% rise in malware-related attacks compared to 2019. Medical institutions ranked first in ransomware attacks, Positive Technologies reports. The most popular targets The total number of incidents grew by 51% compared to 2019. Seven out of 10 attacks were targeted. The most popular targets were government institutions (19%), industrial companies (12%) and medical institutions (9%). In most cases, industrial companies were attacked by ransomware variants such as RansomExx, Netwalker, Clop, Maze, Ragnar Locker, LockBit, DoppelPaymer, and Snake (which deletes shadow copies before starting the encryption process, and has the ability to stop ICS-related processes).

It s very scary : Small banks quietly hit by ransomware attacks

It s very scary : Small banks quietly hit by ransomware attacks
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Report finds ransomware hitting manufacturers hardest

ThreatLabZ identified seven ransomware families that stood out as sources of double-extortion attacks. The most common was Maze, which accounted for 273 attacks in the last year. Even though Maze ceased operations in November 2020, it still outpaced the Conti ransomware, which took second place with 190 attacks. The Ragnar Locker ransomware, which sets up a virtual machine on its target machine, focused the most on the manufacturing sector, with 22% of its attacks hitting those companies.  Doppelpaymer was also focused on manufacturing, targeting manufacturers in 15.1% of its incidents.  Manufacturing was also Conti s top target, attracting 12.4% of its attacks, while Sodinokibi/REvil featured manufacturing and transportation equally as its top target sectors.

Ransomware Hits Australian Telecom Provider Telstra s Partner

iTWire - Crime does pay - how one hacker group rakes in millions from ransomware

Crime does pay - how one hacker group rakes in millions from ransomware Monday, 26 April 2021 21:27 Crime does pay - how one hacker group rakes in millions from ransomware Featured A cybersecurity researcher persuaded Ragnar Locker ransomware operators into thinking they were a cybercriminal and to offer a job. The researcher has released information on the gang’s payout structure, cash-out schemes, and target acquisition strategies providing a look behind the scenes into the real business of shadowy underground criminal syndicates - and the millions of dollars it brings in. Ransomware is an increasing threat where malicious actors seek entry - often through phishing attempts - into a network, where they encrypt data and demand a ransom be paid to release the decryption key. It continues to happen because it works and it’s profitable. While there are organisations without good backups in place, and wherever there are people who unfortunately fall prey to ever m

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