Remove Backups Remove Encryption Remove Energy and Utilities
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Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

SecureWorld News

To ensure energy security and economic stability, protecting the infrastructure is essential. A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Incident response plans: Organizations should have tested recovery plans in place.

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RedEnergy Stealer-as-a-Ransomware employed in attacks in the wild

Security Affairs

RedEnergy is a sophisticated stealer-as-a-ransomware that was employed in attacks targeting energy utilities, oil, gas, telecom, and machinery sectors. Zscaler ThreatLabz researchers discovered a new Stealer-as-a-Ransomware named RedEnergy used in attacks against energy utilities, oil, gas, telecom, and machinery sectors.

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Herjavec Group BlackMatter Ransomware Profile

Herjavec Group

Solar BR Coca-Cola A partnership venture between The Coca-Cola Company and two other large domestic manufacturers and distributors of beer, soft drinks, juices, energy drinks and dairy products. T1083 File and Directory Discovery BlackMatter uses native functions to enumerate files and directories searching for targets to encrypt. .

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Evolution of JSWorm ransomware

SecureList

Several versions were released as part of each “rebranded” variant that altered different aspects of the code, renamed file extensions, cryptographic schemes and encryption keys. In addition, it deletes all system backups, shadow copies, disables the system recovery mode, and clears event logs. Encryption flaws.

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Top Ransomware Attacks in the Cloud in 2018

Spinone

Data is driving business for most organizations who utilize technology to carry out normal business operations. Unlike only a decade or so ago, the number of businesses who don’t utilize technology for some type of business-critical operation is few and far between. The stakes today are higher than ever before.

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MOVEit discloses THIRD critical vulnerability

Malwarebytes

Whether this means that customers of the popular file transfer utility MOVEit Transfer can ask for their money back remains to be seen, but we do hope it signals the end of the game. Reportedly , two US Department of Energy (DOE) entities were also compromised. Stop malicious encryption. Create offsite, offline backups.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Energy and utility companies have been some of the most high-profile cyber attacks in recent memory, such as the May 2021 Colonial Pipeline attack or the Delta-owned Monroe Energy attack in November 2021. Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware.