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Why backups are not the panacea for recovery from a ransomware attack

SC Magazine

The most pervasive wisdom about preventing damage from ransomware is to backup systems, but that alone may not be enough. The most pervasive wisdom about preventing damage from ransomware is to backup systems. So in an era of increased concern about ransomware, is solving the ransomware scourge as simple as investing in some backups?

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Researchers Quietly Cracked Zeppelin Ransomware Keys

Krebs on Security

Peter is an IT manager for a technology manufacturer that got hit with a Russian ransomware strain called “ Zeppelin ” in May 2020. He’d been on the job less than six months, and because of the way his predecessor architected things, the company’s data backups also were encrypted by Zeppelin.

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NEW TECH: DataLocker extends products, services to encrypt data on portable storage devices

The Last Watchdog

Related: Marriott reports huge data breach Ever thought about encrypting the data held on a portable storage device? Launched as a one-man operation in 2007, DataLocker has grown into a leading manufacturer of encrypted external drives, thumb drives, flash drives and self-encrypting, recordable CDs and DVDs.

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Babuk ransomware gang says it’s no longer interested in encrypting data, would rather kidnap it instead

Hot for Security

In the early days of ransomware things were fairly simple: malware would infect your company’s infrastructure, encrypting your valuable data with a secret key that was only known to your attackers. If you had shown the foresight of making secure backups in advance, you could get back up and running again.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

Phobos variants are usually distributed by the SmokeLoader , but in 8Base campaigns, it has the ransomware component embedded in its encrypted payloads. The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT.

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Dodging the Cyber Bullet: Early Signs of a Ransomware Attack

IT Security Guru

Cybercriminals often encrypt live data and demand ransom for access, corrupting backups and turning off security software. Encrypting a few devices to test their strategy is a red flag that a more significant ransomware assault is imminent and demands immediate action. The manufacturing sector is another favourite target.

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Black Matter Ransomware targets Olympus Japan

CyberSecurity Insiders

Japan -based camera and binocular manufacturer Olympus that is also into the manufacturing of medical devices has revealed in an official statement that its servers were targeted by BlackMatter Ransomware group that could have disrupted the computers systems in network operating in Middle East, Europe and Africa.