This will be law soon: Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. […] The reporting requirement legislation was approved by the House and the Senate on Thursday and is expected to be signed into law by President … Read More “US Critical Infrastructure Companies Will Have to Report When They Are Hacked” »
Category: ransomware
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Nice piece of research: Abstract: Among the many types of malicious codes, ransomware poses a major threat. Ransomware encrypts data and demands a ransom in exchange for decryption. As data recovery is impossible if the encryption key is not obtained, some companies suffer from considerable damage, such as the payment of huge amounts of money … Read More “Decrypting Hive Ransomware Data” »
There’s a new ransomware that targets NAT devices made by QNAP: The attacks started today, January 25th, with QNAP devices suddenly finding their files encrypted and file names appended with a .deadbolt file extension. Instead of creating ransom notes in each folder on the device, the QNAP device’s login page is hijacked to display a … Read More “New DeadBolt Ransomware Targets NAT Devices” »
Roger Grimes on why multifactor authentication isn’t a panacea: The first time I heard of this issue was from a Midwest CEO. His organization had been hit by ransomware to the tune of $10M. Operationally, they were still recovering nearly a year later. And, embarrassingly, it was his most trusted VP who let the attackers … Read More “Problems with Multifactor Authentication” »
According to a report from CISA last week, there were three ransomware attacks against water treatment plants last year. WWS Sector cyber intrusions from 2019 to early 2021 include: In August 2021, malicious cyber actors used Ghost variant ransomware against a California-based WWS facility. The ransomware variant had been in the system for about a … Read More “Ransomware Attacks against Water Treatment Plants” »
The Wall Street Journal is reporting on a baby’s death at an Alabama hospital in 2019, which they argue was a direct result of the ransomware attack the hospital was undergoing. Amid the hack, fewer eyes were on the heart monitors — normally tracked on a large screen at the nurses’ station, in addition to … Read More “A Death Due to Ransomware” »
The Washington Post reports that the FBI had a decryption key for the REvil ransomware, but didn’t pass it along to victims because it would have disrupted an ongoing operation. The key was obtained through access to the servers of the Russia-based criminal gang behind the July attack. Deploying it immediately could have helped the … Read More “FBI Had the REvil Decryption Key” »
Ransomware isn’t new; the idea dates back to 1986 with the “Brain” computer virus. Now, it’s become the criminal business model of the internet for two reasons. The first is the realization that no one values data more than its original owner, and it makes more sense to ransom it back to them — sometimes … Read More “Disrupting Ransomware by Disrupting Bitcoin” »
This is an interesting development: Just days after President Biden demanded that President Vladimir V. Putin of Russia shut down ransomware groups attacking American targets, the most aggressive of the groups suddenly went off-line early Tuesday. […] Gone was the publicly available “happy blog” the group maintained, listing some of its victims and the group’s … Read More “REvil is Off-Line” »
ArsTechnica has a good story on the REvil ransomware attack of last weekend, with technical details: This weekend’s attack was carried out with almost surgical precision. According to Cybereason, the REvil affiliates first gained access to targeted environments and then used the zero-day in the Kaseya Agent Monitor to gain administrative control over the target’s … Read More “Details of the REvil Ransomware Attack” »