Category Archives: Ransomware

Mac OSX Trojan malware spread via compromised software downloads

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Elmedia Player downloads were compromised with Trojan malware.


Image: Getty

Downloads of a popular Mac OSX media player and an accompanying download manager were infected with trojan malware after the developer’s servers were hacked.

Elmedia Player by software developer Eltima boasts over one million users, some of whom have may have

Read more at: http://www.zdnet.com/article/trojan-malware-for-mac-osx-spread-via-compromised-media-player-downloads/

Ransomware most likely form of cyber attack on industry in near future

In a speech on 20 October at the annual Pensions and Lifetime Savings Association conference, Bell reflected that a move against a third-party administrator (TPA) was the most viable way to get money from schemes.

Usually a ransomware attack involves an individual or group sending an email to a targeted organisation or company.

This email is then opened by a member of that organisation which paralyses key functions of that firm’s internal systems.

Once a ransom has been paid to the criminals they might restore the paralysed system.

Bell explained how an attack on a TPA might work in practice.

“I think the first type of attack could be a ransomware used on an administrator to block services. These criminals are clever and set ransoms at a level which the organisation can pay and also be recovered from the insurers,” he said.  

Bell’s favourite example of a

Read more at: https://www.professionalpensions.com/professional-pensions/news/3019519/ransomware-most-likely-form-of-cyber-attack-on-industry-in-near-future

Ransomware: Security researchers spot emerging new strain of malware

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Magniber appears to be an experiment in ransomware targeting.


Image: iStock

A new form of ransomware is being distributed via the same method as one of the most successful families of file-locking malware, and may represent a new evolution of the menace.

Launched by malvertising attacks on compromised websites, the new

Read more at: http://www.zdnet.com/article/ransomware-security-researchers-spot-emerging-new-strain-of-malware/

This ransomware-spreading botnet will now screengrab your desktop too

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The Necurs hackers have added the ability to snoop into their regular malware payloads.


Image: iStock

Attackers behind one of the world’s most notorious botnets have added another string to their bow, allowing them to take screenshots of the desktops of victims infected with malware.

Having previously been inactive for much of

Read more at: http://www.zdnet.com/article/this-ransomware-spreading-botnet-will-now-screengrab-your-desktop-too/

From Malware to Phishing: The Finance Professional’s Guide to Cyber Crime

 

Social Engineering. Related to phishing, but more sophisticated, is social engineering. Here, instead of pursuing targets over digital channels, the attacker appeals directly to the person at the other end, via a phone call or face-to-face, using psychological tricks and intimidation.

The famous “Nigerian Prince” email is an example of “spear-phishing” – an email-based social engineering attack intended to open up a direct channel of communication to an individual, before using traditional con-artist tricks to gain access to money or sensitive information.

Today, attackers are getting more sophisticated and targeted – for instance, a target might receive an email or a phone call from someone pretending to be a senior executive demanding valuable account information.

As many as 60% of companies were affected by social engineering attacks in 2016. And recently, even the White House fell victim to an email scam. 

Read more at: https://www.cfoinnovation.com/story/13780/malware-phishing-finance-professional%E2%80%99s-guide-cyber-crime

Over Two-Thirds of SMBs Lose Money In Cyber Attacks: BBB

  • by Ray Schultz
    ,

    5 minutes ago

Over a third of small business victims of cyber attacks have lost money, and roughly the same number could remain profitable for three months if denied access to data, according to a study of 2000
businesses by the

Read more at: https://www.mediapost.com/publications/article/308831/over-two-thirds-of-smbs-lose-money-in-cyber-attack.html

Over Two-Thirds of SMBs Lose Money In Cyber Attacks: BBB 10/16 …

  • by Ray Schultz
    ,

    Yesterday

Over a third of small business victims of cyber attacks have lost money, and roughly the same number could remain profitable for three months if denied access to data, according to a study of 2000
businesses by the Belter Business

Read more at: https://www.mediapost.com/publications/article/308831/over-two-thirds-of-smbs-lose-money-in-cyber-attack.html

Panel: Cyber threats up in 2017

From left, Bob Cunningham of the law firm HunterMaclean, John Riley of the Federal Law Enforcement Training Center, Patrick Webb of HunterMaclean, Diana McKenzie of HunterMaclean, Fran Cioffi of Georgia-Pacific and Tyler O’Connor of CRC Insurance Services pose for a photo Thursday.

Read more at: http://thebrunswicknews.com/news/local_news/panel-cyber-threats-up-in/article_60590b23-10db-56ae-b31e-c57b682035f7.html

Global ransomware sales rise more than 2500%, Carbon Black study finds – EU

The value of dark web ransomware sales rose 2,502% to $6.24 million (€5.27 million) over the past 12 months, compared to just over $249,000 in the previous year, according to a new report from US cyber security firm Carbon Black.

The company said it had identified over 6,300 locations where hackers had advertised ransomware services over the course of the past year, and over 45,000 product listings.

Prices for DIY ransomware software packages range from just $0.50 to as much as $3,000, but have a median price of $10.50, Carbon Black’s study reveals.

In some cases, ransomware vendors are raking in more than $100,000 a year by selling software designed to help hackers encrypt victims’ computer files and demand a payment in return for unlocking them.

Carbon Black warns that ransomware hackers are becoming more sophisticated, and are now leveraging cloud infrastructures to gain scale and speed.

The study found that the

Read more at: https://eu-ocs.com/global-ransomware-sales-rise-2500-carbon-black-study-finds/