Tag Archives: ransomware

New Spider ransomware threatens to delete your files if you don’t pay within 96 hours

A new form of ransomware has emerged and is being distributed through malicious Office documents, infecting victims with file-encrypting malware.

Uncovered by researchers at Netskope, the ‘Spider Virus’ ransomware campaign was first detected on December 10 and is ongoing.

Like many ransomware

Read more at: http://www.zdnet.com/article/new-spider-ransomware-threatens-to-delete-all-your-files-if-you-dont-pay-within-96-hours/

This ransomware asks victims to name their own price to get their files back

A form of ransomware which shares similarities with Locky and also comes with the option for infected victims to negotiate a price for retrieving their encrypted files.

Scarab ransomware was first uncovered in June, but during November, it was suddenly distributed in

Read more at: http://www.zdnet.com/article/this-ransomware-asks-victims-to-name-their-own-price-to-get-their-files-back/

Ransomware up nearly 2000% in two years as “cyber mafia” hit business

The new generation of cyber criminals increasingly resembles traditional mafia organisations, requiring a new approach to dealing with it, according to a report by security firm Malwarebytes.

Cyber criminals have the same professional organisation

Read more at: http://www.computerweekly.com/news/450431447/Ransomware-up-nearly-2000-in-two-years-as-cyber-Mafia-hit-business

Ransomware up nearly 2,000% in two years as “cyber mafia” hit …

The new generation of cyber criminals increasingly resembles traditional mafia organisations, requiring a new approach to dealing with it, according to a report by security firm Malwarebytes.

Cyber criminals have the same professional organisation as mafia gangs of the 1930s,

Read more at: http://www.computerweekly.com/news/450431447/Ransomware-up-nearly-2000-in-two-years-as-cyber-Mafia-hit-business

Over 25,000 ransomware infected Windows daily in Q3: Report …

Over 25,000 ransomware infections were reported daily on Windows in the third quarter this year while malware detection count stood at over 199 million — a drop of 11 per cent in comparison to the second quarter, a new report has said.

The “Quarterly Threat Report” from IT security solutions provider Quick Heal Security Labs detected over two million Android infections — a rise of 40 per cent from the previous quarter.

The researchers warned that newer and advanced variants of “Locky” ransomware families are expected to rise with attackers increasingly using ransomware-as-a-service due to its user-friendliness and high return on investments.

“Our threat reports are an attempt to provide insights on the threat landscape with the objective of facilitating a safe and secure digital journey of our customers,” Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal, said on Thursday.

In the third quarter, malware detections continued to

Read more at: http://www.business-standard.com/article/news-ians/over-25-000-ransomware-infected-windows-daily-in-q3-report-117120700637_1.html

Ransomware to remain cyber crime mainstay in ’18: Report

Ransomware to remain cyber crime mainstay in ’18: Report

 

BENGALURU,

THE trend of known vulnerabilities being used in major cyber attacks will continue in 2018 with the ransomware business model being a cyber crime mainstay, a new report said on Wednesday.

Cybersecurity solutions leader Trend Micro predicted an increase in Internet of Things (IoT) vulnerabilities as more devices are manufactured without security regulations or industry standards. Overall, the increased connectivity and enlarged attack surface present new opportunities for cyber criminals to leverage known issues to penetrate a corporate network, the company said in a statement.

“The ransomware attacks will manifest itself in a more ‘specialised’ and ‘targeted manner’, unlike the earlier approach. With respect to India, in 2018, we will experience more number of attacks targeted at the ATMs, especially malware attacks.

“We also expect to see a rise in security incidents across Public Cloud platforms,” said Nilesh Jain, Country Manager,

Read more at: http://thehitavada.com/Encyc/2017/12/7/Ransomware-to-remain-cyber-crime-mainstay-in--18--Report.aspx

Halloware Ransomware on Sale on the Dark Web for Only $40

A malware author by the name of Luc1F3R is peddling a new ransomware strain called Halloware for the lowly price of $40. Based on evidence gathered by Bleeping Computer, Luc1F3R started selling his ransomware this week, beginning Thursday.

Currently, the malware dev is selling and/or advertising his ransomware on a dedicated Dark Web portal, on Dark Web forums, two sites hosted on the public Internet, and via videos hosted on YouTube.

Halloware Dark Web portal

Halloware advertised on forums

Halloware advertised on YouTube

The sites are offering a lifetime license for the Halloware ransomware for only $40. This lowly price tells us three things. The offer is either too good to be true, Halloware is a scam, or the ransomware is not as sophisticated as Luc1F3R believes.

Tracking down Luc1F3R’s sites

While Bleeping Computer initially thought this was a scam, thanks to

Read more at: https://www.bleepingcomputer.com/news/security/halloware-ransomware-on-sale-on-the-dark-web-for-only-40/

Dark Web helping hackers execute Ransomware as a Service: McAfee

NEW DELHI: As governments and companies face an uphill task to stop hackers from stealing data, the Dark Web is providing them a safe haven, helping them scale up and execute massive data breaches, global cyber security firm McAfee has warned.

Dark Web is an encrypted network of websites and communities that exists outside of mainstream Internet culture.

“We are witnessing a scaling model called Ransomware-as-a-Service where criminals are hired by an entity to host everything, use their own infrastructure, tools and expertise and the employer gives them a target as well as the magnitude of attack,” Vincent Weafer, Vice President, McAfee Labs and Product Development, told IANS.

“Before carrying out the attack, hackers are clear that they would vanish if, in case, the attack fails. The hackers make sure that their employer gets caught and they escape,” Weafer added.

For example, encrypted software such as Tor’s ability to hide the identity of the

Read more at: http://www.newindianexpress.com/lifestyle/tech/2017/nov/30/dark-web-helping-hackers-execute-ransomware-as-a-service-mcafee-1714673.html

Dark Web helping hackers execute Ransomware-as-a-Service: McAfee

As governments and companies face an uphill task to stop hackers from stealing data, the Dark Web is providing them with a safe haven, helping them scale up and execute massive data breaches, global cyber security firm McAfee has warned.

Dark Web is an encrypted network of websites and communities that exists outside of mainstream Internet culture. “We are witnessing a scaling model called Ransomware-as-a-Service where criminals are hired by an entity to host everything, use their own infrastructure, tools and expertise and the employer gives them a target as well as the magnitude of attack,” Vincent Weafer, Vice President, McAfee Labs and Product Development, told IANS.

“Before carrying out the attack, hackers are clear that they would vanish if, in case, the attack fails. The hackers make sure that their employer gets caught and they escape,” Weafer added.


For example, encrypted software such as Tor’s ability to

Read more at: http://www.bgr.in/news/dark-web-helping-hackers-execute-ransomware-as-a-service-mcafee/

Ransomware set to get even more profitable in 2018

Ransomware is set to remain a growing threat for the months to come, becoming more virulent and even more profitable for criminals around the world, a leading security firm has predicted.

McAfee Labs has today released its predictions for the year ahead, highlighting the issues it feels will be the most prevalent in 2018, with ransomware and IoT security top of the list.

The firm says that following the success of major ransomware campaigns in 2017, criminals will only look to continue this trend in the coming months, but will need to create new and more intelligent campaigns.

McAfee says that it expects ransomware authors to target less traditional, more profitable ransomware targets, with high net-worth individuals, small businesses and even individual connected devices coming under attack.

The change will also allow criminals to use ransomware as part of wider cyber-crime campaigns, making it just a part of cyber sabotage attacks. 

The

Read more at: https://www.itproportal.com/news/ransomware-set-to-get-even-more-profitable-in-2018/