ransomware

MalwareBytesSecurity

A week in security (January 6 – 12)

Credit to Author: Malwarebytes Labs| Date: Mon, 13 Jan 2020 16:29:59 +0000

A cybersecurity news roundup from January 6–12, with a look at Phobos ransomware and a discovery of pre-installed malware on government-funded phones.

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MalwareBytesSecurity

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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IndependentKrebs

The Hidden Cost of Ransomware: Wholesale Password Theft

Credit to Author: BrianKrebs| Date: Mon, 06 Jan 2020 18:17:21 +0000

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. But all too often, ransomware victims fail to grasp that the crooks behind these attacks can and frequently do siphon every single password stored on each infected endpoint. The result of this oversight may offer attackers a way back into the affected organization, access to financial and healthcare accounts, or — worse yet — key tools for attacking the victim’s various business partners and clients.

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IndependentKrebs

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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MalwareBytesSecurity

A decade in cybersecurity fails: the top breaches, threats, and ‘whoopsies’ of the 2010s

Credit to Author: Malwarebytes Labs| Date: Thu, 19 Dec 2019 18:03:33 +0000

As the 2010s come to a close, we take a snarky walk down memory lane, listing the craziest, most impactful, or simply just awful cybersecurity fails of the decade.

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The post A decade in cybersecurity fails: the top breaches, threats, and ‘whoopsies’ of the 2010s appeared first on Malwarebytes Labs.

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