Malwarebytes Labs releases 2020 State of Malware Report

Credit to Author: Malwarebytes Labs| Date: Tue, 11 Feb 2020 08:01:00 +0000

The 2020 State of Malware Report reveals how cybercriminals upped the ante on businesses, Mac threats outpaced PCs, and ransomware continued its targeted, deadly assault with new families in 2019. Learn all this and more in the full report, linked in our blog.

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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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Ransomware at IT Services Provider Synoptek

Credit to Author: BrianKrebs| Date: Sat, 28 Dec 2019 01:49:05 +0000

Synoptek, a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. The company has reportedly paid a ransom demand in a bid to restore operations as quickly as possible. Irvine, Calif.-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries, including state and local governments, financial services, healthcare, manufacturing, media, retail and software. The company employs nearly a thousand employees and brought in more than $100 million in revenue in the past year.

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Ransomware Gangs Now Outing Victim Businesses That Don’t Pay Up

Credit to Author: BrianKrebs| Date: Tue, 17 Dec 2019 02:21:23 +0000

As if the scourge of ransomware wasn’t bad enough already: Several prominent purveyors of ransomware have signaled they plan to start publishing data stolen from victims who refuse to pay up. To make matters worse, one ransomware gang has now created a public Web site identifying recent victim companies that have chosen to rebuild their operations instead of acquiescing to their tormentors.

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Ransomware at Colorado IT Provider Affects 100+ Dental Offices

Credit to Author: BrianKrebs| Date: Sat, 07 Dec 2019 21:17:24 +0000

A Colorado company that specializes in providing IT services to dental offices suffered a ransomware attack this week that is disrupting operations for more than 100 dentistry practices, KrebsOnSecurity has learned. Multiple sources affected say their IT provider, Englewood, Colo. based Complete Technology Solutions (CTS), was hacked, allowing a potent strain of ransomware known as “Sodinokibi” or “rEvil” to be installed on computers at more than 100 dentistry businesses that rely on the company for a range of services — including network security, data backup and voice-over-IP phone service.

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Securing the managed service provider (MSP)

Credit to Author: William Tsing| Date: Fri, 11 Oct 2019 18:04:49 +0000

Managed service providers (MSPs) have become the target of attacks, as lack of aggressive security posturing has left them—and the high-value data of their clients—vulnerable. Learn how MSPs can secure against a rising tide of threats.

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A week in security (August 19 – 25)

Credit to Author: Malwarebytes Labs| Date: Mon, 26 Aug 2019 15:38:39 +0000

A roundup of the latest cybersecurity news for the week of August 19–25, including Magecart attacks on poker software, a new Bluetooth vulnerability, continuing ransomware attacks on US cities, Bitcoin sextortion, and a look back at one researcher’s DEF CON experience.

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Labs quarterly report finds ransomware’s gone rampant against businesses

Credit to Author: Wendy Zamora| Date: Thu, 08 Aug 2019 14:00:00 +0000

This quarter, we noticed one threat dominating the landscape so much it deserved its own hard look. Ransomware is back in a big way, targeting businesses with brute force.

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