Tag: ransomware

Small businesses often left hanging by ransomware scourge

Ransomware is hitting small businesses hard. But most of the legislation, regulations, and headlines focus on large businesses. The math is simple — large businesses impact many end-users, and they have lots of money to pay lobbyists, so they wind…

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Ransomware contained in typosquat Python scripts

Researchers at Sonatype have identified multiple malicious Python packages that contain ransomware scripts. The packages are named after a legitimate, widely known library called ‘Requests’, with names like ‘requesys’, ‘requesrs’ and ‘requesr’, in order to trick developers into installing the…

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Ransomware uses malicious macros to infect target systems

A new study reveals that 87 percent of the ransomware found on the dark web can be delivered via malicious macros in order to infect targeted systems. The research from Venafi, in partnership with criminal intelligence provider, Forensic Pathways, looked…

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Is Zero Trust segmentation the answer to mitigating ransomware threats?

As companies increasingly move towards hybrid cloud infrastructures, fostering hyperconnectivity across applications, systems, and users, ongoing digital transformation projects are breeding complexity for modern enterprises. This is one of the reasons why devastating ransomware attacks are at an all-time high….

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Ransomware and the places that worry about it most

Ransomware is predicted to cost businesses over $265 billion worldwide by 2031. New research from Ottowa-based managed services firm Firewall Technical has analyzed search data relating to ransomware attacks and come up with some interesting results. Wannacry is the most…

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Businesses unprepared to deal with ransomware

Ransomware attacks continue to impact organizations worldwide with high costs, but businesses are still largely unprepared to deal with them. New data from Arcserve shows half of IT decision makers surveyed by Dimensional Research have been targeted by ransomware, 35…

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Ransomware becomes increasingly professionalized

The world of ransomware is becoming increasingly professional and it’s easier than ever for new entrants to get into the business. A new report from Tenable looks at the ransomware ecosystem and how it has become one of the biggest…

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Fewer new ransomware families could mean a chance to disrupt cybercrime activity

Although ransomware remained the most common threat last year the number of new ransomware families and unique variants discovered in 2021 decreased significantly compared to previous years. Researchers from WithSecure suggest that this could highlight a potential opportunity to disrupt…

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The rise of double extortion ransomware

Ransomware sign

We’ve become familiar with the widespread use of ransomware, but researchers at Rapid7 have been examining the rise of a newer phenomenon, ‘double extortion’. Pioneered by the Maze ransomware group, double extortion involves cybercriminals collecting files before encrypting them. Then…

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Countering the risk of ransomware with operational continuity

In recent years, organizations all over the world have been hit by increasingly sophisticated ransomware attacks. For some, the impact is so severe that normal business operations experience major disruption with a knock-on effect on customers and revenue. For others,…

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