Why Paying to Delete Stolen Data is Bonkers

Credit to Author: BrianKrebs| Date: Wed, 04 Nov 2020 19:32:40 +0000

Companies hit by ransomware often face a dual threat: Even if they avoid paying the ransom and can restore things from scratch, about half the time the attackers also threaten to release sensitive stolen data unless the victim pays for a promise to have the data deleted. Leaving aside the notion that victims might have any real expectation the attackers will actually destroy the stolen data, new research suggests a fair number of victims who do pay up may see some or all of the stolen data published anyway.

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Threat spotlight: Phobos ransomware lives up to its name

Credit to Author: Jovi Umawing| Date: Fri, 10 Jan 2020 18:04:44 +0000

Phobos, which many believe was named after the Greek god of fear, isn’t as widespread as it was before nor is it more novel than your average ransomware. Yet, it remains a threat to consumers and businesses alike. We dive into Phobos ransomware and show users how to face their fears and protect against it.

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The post Threat spotlight: Phobos ransomware lives up to its name appeared first on Malwarebytes Labs.

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Radiohead’s ransom response shows novel approach for ransomware victims

Credit to Author: David Ruiz| Date: Thu, 20 Jun 2019 17:20:30 +0000

Last week, British rock bank Radiohead thwarted an attempted digital ransom, in which unnamed hackers stole roughly 18 hours of unreleased music dating back to the band’s recording of its studio album OK, Computer, revealing some less-than-ok computer security (sorry).

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The post Radiohead’s ransom response shows novel approach for ransomware victims appeared first on Malwarebytes Labs.

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