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The ransomware group Codefinger is using compromised AWS keys to encrypt S3 bucket data using SSE-C, Halcyon researchers warn. The ransomware group Codefinger has been spotted using compromised AWS keys to encrypt data in S3 buckets. AWS processes the key during the encryption operation but does not store it.
The Akira ransomware gang exploited an unsecured webcam to bypass EDR and launch encryption attacks on a victim’s network. Cybersecurity researchers at S-RM team discovered a novel attack technique used by the Akira ransomware gang. Akira successfully encrypted files across the network.
Bitdefender released a decryptor for the ShrinkLocker ransomware, which modifies BitLocker configurations to encrypt a system’s drives. ShrinkLocker ransomware was first discovered in May 2024 by researchers from Kaspersky. Then, it re-encrypts the system using a randomly generated password.
Thus, the decision whether to pay or ignore a ransomware demand, seems less of a legal, and more of a practical, determination almost like a cost-benefit analysis. The arguments for rendering a ransomware payment include: Payment is the least costly option; Payment is in the best interest of stakeholders (e.g.
The FBI, CISA, and MS-ISAC have issued a joint cybersecurity advisory warning organizations about Ghost (Cring) ransomware, a sophisticated cyber threat that has been compromising critical infrastructure, businesses, and government entities worldwide.
Following a July 18 attack by the Rhysida ransomware group — believed to have Russian affiliations — Columbus is still reeling from the exposure of vast amounts of sensitive resident data. Businesses that handle customer data or interact with city networks are now faced with heightened risks.
Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.
Ransomware? Well, the stats are even scarier with over 50% increase in ransomware attacks in 2021, compared to 2020. The media paid close attention to ransomware attacks last year, as they had a significant impact on Colonial Pipeline, the nation’s largest fuel distributor, and JBS, the nation’s largest meat distributor.
So, lets explore how spread betting platforms are rising to this challenge and ensuring that their platforms are cyber risk-free. Cyber Risks Facing Spread Betting Platforms Cyber threats are becoming more dangerous than ever, and spread betting platforms are a major target for most of these cyberattacks.
The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. The unusually candid post-mortem found that nearly two months elapsed between the initial intrusion and the launching of the ransomware.
The Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), has released a joint cybersecurity advisory warning organizations about the escalating threat posed by the Medusa ransomware.
The Rise of Non-Ransomware Attacks on AWS S3 Data madhav Thu, 02/13/2025 - 04:39 A sophisticated ransomware gang, Codefinger, has a cunning new technique for encrypting data stored in AWS S3 buckets without traditional ransomware tools. Unlike conventional ransomware, the malicious actors dont exfiltrate any data.
Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days. Gig Harbor, Wash.-based based iNSYNQ specializes in providing cloud-based QuickBooks accounting software and services.
A US chain of dental offices known as Westend Dental LLC denied a 2020 ransomware attack and its associated data breach, instead telling their customers that data was lost due to an accidentally formatted hard drive. In October 2020, Westend Dental was attacked by the Medusa Locker ransomware group.
As small businesses increasingly depend on digital technologies to operate and grow, the risks associated with cyber threats also escalate. INE Security advises businesses to secure their network by using firewalls, encrypting data, and regularly updating security software. Cary, NC, Oct.
Ransomware groups now steal, encrypt, and threaten to leak company data on the dark web, forcing victims to pay or risk exposing sensitive information.
Key Findings First observed in March 2024, BlackLock (aka El Dorado or Eldorado) has rapidly emerged as a major player in the ransomware-as-a-service (RaaS) ecosystem. By Q4 2024, it ranked as the 7th most prolific ransomware group on data-leak sites, fueled by a staggering 1,425% increase in activity from Q3.
In 2019, a ransomware attack hit LifeLabs, a Canadian medical testing company. The ransomwareencrypted the lab results of 15 million Canadians, and personally identifiable information (PII) of 8.6 Reportedly , LifeLabs paid the ransomware group, which is why it’s still unknown which group was behind the attack.
Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. In a recent survey, 93% of respondents admitted to knowingly increasing their companys cybersecurity risks. The challenge? Securing these AI models and the data they generate.
Ransomware attacks have reached a record high this year, with nearly 250 attacks recorded to date and months to go. As we’ve seen with major attacks like Kaseya and Colonial Pipeline, cybercriminals have continued to innovate, developing new tools and tactics to encrypt and exfiltrate data. billion this year.
Shashanka Dr. Madhu Shashanka , Chief Data Scientist, Concentric AI Generative AI in 2025 will bring transformative opportunities but heightened cybersecurity risks, including data exposure, AI misuse, and novel threats like prompt injection attacks. FIPS-203 enables legal PQC deployment, prompting CISOs to overhaul encryption strategies.
VPN Infrastructures Allure for Threat Actors PNs have become a fundamental part of network security for organizations worldwide, enabling secure remote access to systems, encrypting sensitive data during transmission, and protecting internal networks from unauthorized access.
Over 200,000 internal messages from the notorious ransomware group Black Basta have surfaced online exposing deep divisions, ransom negotiations, and internal dysfunction. Cybersecurity experts are now poring over the data, uncovering a rare inside look at how one of the most feared ransomware groups operates and potentially unravels.
While American Water has not disclosed the exact method of attack, such incidents often involve tactics like ransomware or phishing , where hackers gain access to sensitive systems and either steal or encrypt data, demanding a ransom in return for restoring access.
If you’ve been following any news about ransomware , you may be under the impression that ransomware groups are only after organizations rather than individual people, and for the most part that’s true. However, Magniber is one ransomware that does target home users. Run a trusted anti-malware solution.
A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Regularly updating and patching systems, including antivirus software, firewalls, and SCADA networks, can mitigate this risk.
Some of the top ransomware gangs are deploying a new pressure tactic to push more victim organizations into paying an extortion demand: Emailing the victim’s customers and partners directly, warning that their data will be leaked to the dark web unless they can convince the victim firm to pay up. “Good day!
It’s been a couple of decades since data tapes delivered by trucks made encryption a standard enterprise cybersecurity practice. Yet even as technology has changed, sending and receiving data remains a major vulnerability, ensuring encryption’s place as a foundational security practice. What is Encryption?
Cyderes, a Cybersecurity Risk Management firm from Missouri, has discovered that corrupting files are proving cheaper, is faster and is less likely to be detected by security solutions. BlackCat ransomware, aka Alphv Ransomware, is seen indulging in such operations and already targeted two companies in South Korea and a company in Ukraine.
Cybersecurity vaccines are emerging as a new tool to defend against threats like ransomware and zero-day vulnerabilities. Cybersecurity firms have released “vaccines” in recent days to protect against the widely used STOP ransomware strain and the new Apache Log4Shell vulnerability. They also come with the same limitations.
More than 90,000 users experienced ransomware attacks. Nearly 18% of all victims published on ransomware gangs’ data leak sites (DLSs) had been hit by RansomHub. According to the UK’s National Crime Agency (NCA), this individual also was behind the infamous Reveton ransomware Trojan spread in 2012 — 2014.
A recent report from Tenable highlights how DeepSeek R1, an open-source AI model, can generate rudimentary malware, including keyloggers and ransomware. Key findings from Tenable's report Tenable's research team investigated DeepSeek R1's ability to generate malicious code, specifically a keylogger and a simple ransomware program.
A single mistake can pose a significant risk to infrastructure and to the public. In the same way, utilities around the world have experienced service disruptions as ransomware targets back-end systems. End-to-end encryption: Encrypt all data from sensors to controller.
Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. Encrypting sensitive data wherever possible.
For any organization struck by ransomware , business leaders always ask “how do we decrypt the data ASAP, so we can get back in business?”. The good news is that ransomware files can be decrypted. What can be done to recover from ransomware attacks when backups are not available? How Does RansomwareEncryption Work?
Like vampires, malware strains can operate quietly, leeching data or encrypting files without warning, making ransomware and spyware infections incredibly haunting. Spooky fact : A recent study found that more than 70% of IoT devices in the workplace are unmanaged, increasing the risk of network intrusion, Zscaler reported.
Ransomware attacks continue to be one of the biggest contemporary cybersecurity threats, affecting organizations and individuals alike on a global scale. As we approach International Anti-Ransomware Day, we have analyzed the major ransomware events and trends. The third most active ransomware in 2023 was Cl0p.
Cyble researchers warn of three new ransomware operations named Lilith, RedAlert and 0mega targeting organizations worldwide. Researchers from threat intelligence firm Cyble warn of new ransomware gangs that surfaced recently, named Lilith, RedAlert, and 0mega. The ransomware targets a limited types of files, including log files (.log),
This year has seen ransomware groups adapt and innovate, pushing the boundaries of their malicious capabilities and evasiveness from law enforcement. The ransomware sector, in particular, has witnessed the emergence of “business models,” with ransomware-as-a-service (RaaS) dominating the scene.
When remote workers connect bring-your-own-device (BYOD) laptops, desktops, tablets, and phones to corporate assets, risk dramatically increases. These devices exist outside of direct corporate management and provide a ransomware gang with unchecked platforms for encrypting data. How does remote encryption work?
They generated a custom version of the ransomware, which used the aforementioned account credential to spread across the network and perform malicious activities, such as killing Windows Defender and erasing Windows Event Logs in order to encrypt the data and cover its tracks. In this article, we revisit the LockBit 3.0
Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031. Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031.
Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?
And when malware, ransomware, or other cyber threats get in the way, the focus shifts from forward progress to focused co-operation. Smarter security to me broadly refers to relentlessly focusing on fundamentals while maturing the program, making sure your risk posture aligns with your business strategy. Complexity challenge.
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