Tag Archives: Ransomware

Windows Version of iTunes Needs Updated To Avoid Ransomware        

Are you a Windows iTunes user? If so, you should upgrade iTunes immediately or run the risk of being infected with the BitPaymer ransomware strain. The group controlling the software has been spotted using a zero-day exploit in iTunes for Windows, which allows them to bypass antivirus detection schemes entirely. The good news is that […]

New Ransomware Called TFlower Hacks Into Company Networks

Over the last two years, ransomware attacks have become increasingly common against businesses of all shapes and sizes. While the attack vector saw a dip in popularity last year, this year it has come roaring back to the fore with several new strains of ransomware being developed and enjoying widespread use by hackers around the […]

Report Shows 118 Percent Increase In Ransomware Attacks In 2019

Ransomware roared onto the global stage in 2017. Companies and government agencies around the world felt the impact with widespread campaigns like NotPetya and WannaCry. By 2018, the number of ransomware attacks had begun to fall off while hackers found new tools to attack with, shifting toward cryptojacking, credential theft, and trojan malware. Granted, ransomware […]

Ransomware Now Sends Malicious Texts Through Mobile Device

If you own an Android device, there’s a new threat to be at least moderately concerned about.  It takes the form of a new ransomware family that spreads from one victim to the next with text messages that contain poisoned links to every contact on an infected device. The ESET research team that found the […]

Florida City Paid Big Bucks To Hackers Using Ransomware  

The city of Riviera Beach, Florida is the latest high-profile victim of a ransomware attack. Recently, the city council voted to pay more than $600,000 to a hacking group to regain access to data that had been locked and encrypted via ransomware nearly a month ago.  That is in addition to the $941,000 the city […]

New Ransomware Looks Like An Anti-Virus Installation

Dharma is a highly successful ransomware strain. It recently has been made even more successful by a change in the way the hackers controlling it are deploying it. The first part of their latest campaign remains unchanged.  They rely on well-crafted phishing emails to lure employees in. The key difference, however, lies in the particulars […]

2019 Sees A Huge Rise In Ransomware Attacks

According to FBI statistics, in 2013 there were 991 tracked incidents of ransomware attacks against business, resulting in losses slightly exceeding half a million dollars. The number of incidents steadily increased through 2016 when they reached 2,673 for the year, with total losses just shy of two and a half million dollars. During the 2017-2018 […]

Hackers Are Now Using Remote Desktop Services For Ransomware

Ransomware continues to be the weapon of choice for hackers around the world, but their distribution methods are evolving.  Recently, a new strain of the ransomware known as CryptoMix was found in the wild, sporting a new distribution methodology. Hackers are beginning to target publicly exposed remote desktop services and installing their poisoned software manually. […]

Ransomware Attackers Targeting Larger Companies For More Money

If you haven’t heard of the GrandCrab ransomware strain, it’s something you should put on your company’s radar.  It first emerged as a viable threat in early 2018. Since that time, its creators have been constantly tweaking and honing their approach, turning it into a devastatingly effective strain. The latest version GrandCrab 5.2 was released […]

Average Ransomware Attack Payments Total $6,700 Per Incident

How much does a successful ransomware attack cost a victim on average?  The numbers will terrify you. Based on the latest statistics compiled by Coveware, each incident of a compromised computer costs a whopping $6,733, which is a hefty 13 percent increase from just one quarter ago. Part of the increase stems from the fact […]