The gang behind the ransomware strain known as Mespinoza, aka PYSA, is targeting manufacturers, schools and others, mainly in the U.S. and U.K., demanding ransom payments as high as $1.6 million, according to Palo Alto Networks' Unit 42, which says the group leverages open-source tools.
The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
This edition of the ISMG Security Report features an analysis of comments from the former head of Britain's GCHQ intelligence agency, Robert Hannigan, on the changing nature of ransomware attacks. Also featured: Disrupting the ransomware-as-a-service business model; supply chain security management tips.
The U.S. Department of State is now offering rewards of up to $10 million for information about cyberthreats to the nation's critical infrastructure. Meanwhile, the government has launched a StopRansomware website offering a central repository of resources.
Facebook's threat intelligence team says it has disrupted an Iranian advanced persistent threat group that was using the social network as part of an effort to spread malware and conduct cyberespionage operations, primarily in the U.S.
Security software firm NortonLifeLock says it is in "advanced discussions" to acquire Avast, a rival security firm known for its freemium antivirus software. NortonLifeLock was formerly Symantec's consumer-focused business.
SonicWall is urging users of its Secure Mobile Access 100 series and its Secure Remote Access products running unpatched and end-of-life 8.x firmware to immediately apply patches or disconnect the devices because a ransomware campaign using stolen credentials is targeting the them.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
Ransomware-wielding criminals continue to find innovative new ways to extort victims, develop technically and sidestep skills shortages by delivering ransomware as a service, said Robert Hannigan, the former head of U.K. intelligence agency GCHQ, in his Infosecurity Europe 2021 virtual keynote speech.
Some security experts are questioning the findings of a recent report by the International Institute for Strategic Studies, a London-based think tank, that concludes China is 10 years behind the United States in "cyber capacity."
The Iranian advanced persistent threat group TA453 has been conducting a series of spear-phishing attacks in an attempt to steal sensitive information from scholars who study the Middle East, according to Proofpoint.
Newly uncovered malware dubbed "BioPass" is targeting clients of Chinese online gambling companies, Trend Micro says. The malware exploits popular livestreaming and video recording app Open Broadcaster Software Studio.
The REvil, aka Sodinokibi, ransomware gang's infrastructure, including its darknet sites, were offline Tuesday, numerous security specialists report. The reason for the sudden disappearance is far from clear.
Attackers have been exploiting a zero-day flaw in SolarWinds' Serv-U Managed File Transfer Server and Serv-U Secured FTP software, the security software vendor warns. The company has released patched versions that mitigate the flaw, discovered by Microsoft, and is urging users to update.
Clothing retailer Guess suffered a ransomware attack and data breach earlier this year that exposed personal information - including Social Security numbers, driver's license and passport numbers, and financial details - for an unspecified number of individuals.
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