Leading the latest edition of the ISMG Security Report is an in-depth look at why ransomware remains a pervasive threat and how it's evolving. Also featured: updates on venture capital investments in cybersecurity and a study of vulnerabilities in industrial remotes.
Ransomware attacks continue, with the city of Del Rio, Texas, saying its operations have been disrupted by crypto-locking malware. Meanwhile, CryptoMix ransomware urges victims to pay ransoms, claiming it will fund treatments for seriously ill children, while GandCrab gets distributed via malvertising attacks.
Production of newspapers owned by Chicago-based Tribune Publishing was disrupted after malware began infecting the company's publishing and printing systems. Tribune newspapers report that they appear to have been hit by crypto-locking Ryuk ransomware.
Don't rush to blame the printing outage at newspapers owned by Tribune Publishing on anything more than an organization failing to block a malware outbreak. And even if it does prove to be a Ryuk ransomware attack, there's no proof yet that any particular nation-state is behind the campaign, experts warn.
Twitter says that an unspecified number of its users may have been targeted by state-sponsored hackers seeking to unmask their identity. Separately, Trend Micro says Twitter has blocked an account that was posting image memes designed to remotely control malware-infected PCs.
In the latest edition of the ISMG Security Report, hear prosecutors discuss the indictments of two Iranians in connection with SamSam ransomware attacks. Also: Updates on allegations that Google is violating GDPR and cryptocurrency's impact on crime trends.
A federal grand jury has indicted two Iranians for allegedly waging SamSam ransomware attacks on more than 200 entities, including Atlanta and other municipalities and six healthcare organizations. They collected $6 million in ransoms and caused more than $30 million in losses to victims, U.S. prosecutors allege.
Cybercrime gangs continue to update or issue fresh versions of malware to mine for cryptocurrency, deliver crypto-locking ransomware, steal passwords and facilitate online bank account heists, according to new research reports.
A new, free decryptor has been released for "aggressive" crypto-locking ransomware called GandCrab. Researchers say GandCrab has come to dominate the ransomware-as-a-service market, earning its development team an estimated $120,000 per month.
Rather than creating a new commission to take the lead role on data security, the government of India is giving the Telecom Commission that role and renaming it the Digital Communications Commission, making it a primary custodian of citizens' data.
Criminals wielding crypto-locking ransomware - especially Dharma/CrySiS, GandCrab and Global Imposter, but also SamSam - continue to attack. Insurance firm Beazley says cyber claims for ransomware have increased in recent months, with the healthcare sector hardest hit.
A slick ransomware-as-a-service operation called Kraken Cryptor has begun leveraging the Fallout exploit kit to help it score fresh victims, researchers from McAfee and Recorded Future warn. Absent offline backups, victims have little chance of recovering from its crypto-locking attacks.
Good news for anyone whose data has been crypto-locked by attackers wielding GandCrab, the year's most aggressive strain of ransomware: You may be able to get your data back, thanks to a free decryptor.
A tale of two different ransomware victims' responses: One Connecticut city says it had little choice but to pay a ransom to restore crypto-locked systems. But a North Carolina water utility hit separately says that rather than bow to criminals' demands, it will rebuild affected systems and databases.
The notorious GandCrab ransomware-as-a-service gang has released the latest version of its crypto-locking malware, backed by crypter service and exploit toolkit partnerships. But the gang's marketing savvy belies shoddy code-development practices, security firm McAfee finds.