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Ransomware Exponentially Increasing as IoT Provides Physical Targeting Opportunities

CTOvision

This article increases awareness for organizations seeking to enhance their digital risk posture against the increasing threat of ransomware (a type of malware) deployed by threat actors to prevent or limit users from accessing their system until a ransom is paid. million in 2015 to 638 million in 2016. Crystal Lister.

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IBM X-Force finds major malware hitting Brazil banks ahead of 2016 Olympics in Rio

Tech Republic Security

IBM X-Force Research recently noted that the Zeus Trojan variant Panda has spread to Brazil, days before the Opening Ceremony. Here's what you need to know.

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Five arrested for hacking into ATMs and stealing $3.2 million

Network World

The investigation began in early 2016, according to Europol. Hacking into ATMs to steal money is nothing new, and there are malware programs built specifically for such machines that allow criminals to withdraw money using hidden commands. Three suspects were arrested in Taiwan, one in Romania, and one in Belarus.

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Read This If You Do Business in China

SecureWorld News

A Chinese bank forced two organizations, a UK-based technology and software vendor and a major financial institution, to download a software package in order to pay local taxes. But the bank left out a critical detail about the software: it included malware.". FBI issues new warning against Chinese tax software.

Malware 52
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US, UK Sanction 11 Members of Russian Trickbot Cyber Gang

SecureWorld News

The Trickbot gang: a brief overview Trickbot, which was first discovered by cybersecurity researchers in 2016, is not your run-of-the-mill cybercrime organization. It began as a trojan virus and evolved from the Dyre trojan, which initially focused on online banking fraud. businesses and individuals.

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Microsoft was warned months ago — now, the Hafnium hack has grown to gigantic proportions

The Verge

Over the weekend, that estimate has doubled to 60,000 Microsoft Exchange Server customers hacked around the world , with the European Banking Authority now admitting that it’s one of the victims — and it looks like Microsoft may have taken a little too long to realize the severity and patch it.

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U.S. Government Warning on Ransomware Payments: What Does It Mean?

SecureWorld News

OFAC designated the developer of Cryptolocker, Evgeniy Mikhailovich Bogachev, in December 2016.". In December 2019, OFAC designated Evil Corp and its leader, Maksim Yakubets, for their development and distribution of the Dridex malware.".