Category Archives: Ransomware

Malware variant becomes world’s most popular, thanks to ransomware surge

Ransomware actors are laundering hundreds of millions of dollars through pseudo-legitimate cryptocurrency exchanges, while early-stage malware that is often used to facilitate their attacks have become the most popular forms of malware in the world.

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After widespread hospital attacks, targeting of health care industry continues to rise

In the two months following a highly publicized series of ransomware attacks against UHS last year, cyber attacks of all stripes against healthcare facilities worldwide shot up 45%.

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Chinese espionage group APT27 moves into ransomware

The Chinese espionage group APT27 has moved into more financially-motivated cybercrimes, using ransomware to encrypt core servers at major gaming companies worldwide.

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2021 threat predictions: Bad actors that honed their craft with COVID are ready to go big

Cyber experts expect more sophisticated attacks to come – with ransomware and phishing continuing at a steady, but more advanced clip, and emerging threats tied to deepfakes and 5G beginning to show impact.

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Treasury asks financial sector to watch out for COVID vaccine scams, ransomware

The Financial Crime Enforcement Network detailed for banks or other financial services organizations potential issues, asking the sector to be particularly attuned to ransomware attacks on distribution networks and the supply chains for the manufacture of vaccines.

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After the worst year ever for ransomware, 2021 will be more of the same

Most of the incentives driving ransomware operations have only intensified over the past year, while law enforcement and defenders look for new angles to stem the tide.

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