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Ransomware Profitability

Schneier on Security

Analyzing cryptocurrency data, a research group has estimated a lower-bound on 2020 ransomware revenue: $350 million, four times more than in 2019. Ransomware is now an established worldwide business.

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Microsoft Patch Tuesday, Sept. 2020 Edition

Krebs on Security

Among the chief concerns for enterprises this month is CVE-2020-16875 , which involves a critical flaw in the email software Microsoft Exchange Server 2016 and 2019. “We have seen the previously patched Exchange bug CVE-2020-0688 used in the wild, and that requires authentication. . We’ll likely see this one in the wild soon.

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Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Krebs on Security

NASDAQ:RCM ], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. R1 RCM acknowledged taking down its systems in response to a ransomware attack, but otherwise declined to comment for this story. R1 RCM Inc. Formerly known as Accretive Health Inc. billion in 2019.

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Conti’s Ransomware Toll on the Healthcare Industry

Krebs on Security

Conti — one of the most ruthless and successful Russian ransomware groups — publicly declared during the height of the COVID-19 pandemic that it would refrain from targeting healthcare providers. But according to Microsoft and an advisory from the U.S. National Security Agency (NSA).

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Did you know that 2021 was a record-breaking year for ransomware? million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record! Ransomware growth trends and stats. The costs and impact of a ransomware attack. Ransomware protection planning best practices.

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Elpaco Ransomware: A New Threat Actor Leverages CVE-2020-1472 for Global Attacks

Penetration Testing

Kaspersky Labs has unveiled a sophisticated new ransomware variant named Elpaco, which has emerged as an evolution of the Mimic ransomware family.

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Russian Phobos ransomware operator faces cybercrime charges

Security Affairs

Russian Phobos ransomware operator Evgenii Ptitsyn, accused of managing attacks, was extradited from South Korea to the US to face cybercrime charges. Russian Phobos ransomware operator Evgenii Ptitsyn, suspected of playing a key role in the ransomware operations, was extradited from South Korea to the US to face cybercrime charges.