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DHS Secretary: Small Businesses Hard-Hit by Ransomware

Secretary of Homeland Security Alejandro Mayorkas
About 50% to 70% of all ransomware attacks in the U.S. are targeting small and medium-sized businesses, costing the victims an estimated total of $350 million in the last year, Secretary of Homeland Security Alejandro Mayorkas said Wednesday in a speech to the U.S. Chamber of Commerce.
The losses from ransomware are staggering. And the pace at which those losses are being realized is equally staggering, Mayorkas said, noting this is why DHS has made battling ransomware a priority.
DHS, through the U.S. Cybersecurity and Infrastructure Security Agency and the Secret Service, offers tools and educational programs that small businesses can access to help them better defend themselves from ransomware attacks - and more resources are on the way, Mayorkas said. ....

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CISA Alert Describes FiveHands Ransomware Threat

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The Cybersecurity and Infrastructure Security Agency has issued an alert providing more details on the threat posed by FiveHands ransomware attacks.
The CISA alert, which follows one issued last week by FireEye s Mandiant research team, describes the ransomware gang s methods and offers risk mitigation tips.
Threat actors used publicly available penetration testing and exploitation tools, FiveHands ransomware and the SombRAT remote access Trojan, to steal information, obfuscate files and demand a ransom from the victim organization, CISA says. Additionally, the threat actors used publicly available tools for network discovery and credential access.
Series of Attacks
FireEye said it observed an attack group using FiveHands in extortion incidents during January and February. The group has mainly targeted small and midsized businesses in telecommunications, healthcare, construction, engineering, food and beverage, education, real estate and o ....

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DHS Secretary: Small Businesses Hard-Hit by Ransomware

Secretary of Homeland Security Alejandro Mayorkas
About 50% to 70% of all ransomware attacks in the U.S. are targeting small and medium-sized businesses, costing the victims an estimated total of $350 million in the last year, Secretary of Homeland Security Alejandro Mayorkas said Wednesday in a speech to the U.S. Chamber of Commerce.
The losses from ransomware are staggering. And the pace at which those losses are being realized is equally staggering, Mayorkas said, noting this is why DHS has made battling ransomware a priority.
DHS, through the U.S. Cybersecurity and Infrastructure Security Agency and the Secret Service, offers tools and educational programs that small businesses can access to help them better defend themselves from ransomware attacks - and more resources are on the way, Mayorkas said. ....

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