Tag: ransomware

Companies across the globe are still reeling and recovering from the global ransomware attack known as WannaCry on Friday, which took down tens of thousands of machines in 150 countries, including Britain’s National Health System. How and why did this happen? We’ve talked at length about ransomware and how it’s distributed, how it particularly affects healthcare, and the rise of ransomware as a service. Friday’s attack was unusual in how quickly the infection spread, but it also reminded us of an age-old …

Ransomware has exploded in popularity during the past two years, with the number of identified families growing 400 percent since 2015. It affects individuals, nonprofits and enterprises alike, but it’s is particularly fond of the healthcare industry because of the value of patient data and the criticality of hospitals. To help the healthcare IT industry (and others) learn more about ransomware, I’ve compiled a list of the most informational articles on the web to date. Health and Human Services Department …

As the gap between desktop and mobile becomes smaller and smaller, businesses are encouraging the use of mobile apps and a BYOD environment. But with this power of creativity and productivity comes responsibility to security, and that’s something many CISOs are worried about. One of these threats to enterprise security is data jacking. It’s the misuse or theft of data on a mobile from its primary owner. Examples of data jacking include ransomware, mobile malware, and theft of mobile devices …

Ransomware has made headlines time and again for its devastating effectiveness on governments and organizations, but researchers are starting to pay attention to a developing trend within ransomware: Ransomware as a Service (RaaS). Ransomware as a Service allows anyone, regardless of programming background or coding skills, to infect computers and extract money from victims. Why are researchers paying attention to RaaS? It represents a new form of malware distribution, where people who have zero coding or programming skills can send …

Ransomware may have possibly taken the crown as THE crime to beat in 2016, with record growth and profits for criminals. The healthcare industry is a particularly attractive target, because hospital systems are often vulnerable and the critical nature of patient data means they are more likely to pay out than risk being locked out of their files. While payments used to start around $50, the average payout is now $679, with $209 million paid out in Q1 of 2016 …

What is malvertising?

Posted on January 11, 2017 by

Malvertising, a portmanteau of “malicious” and “advertising” has quickly become popular with bad guys everywhere. Its first appearance was detected in 2007, and it’s been on the rise ever since. What makes this form of malware so popular? Malvertising is more dangerous than typical malware because as an end user, you could be a victim without knowing it. According to Elad Sharf of Websense, malvertising attracts hackers because “they can easily spread across a large number of legitimate websites without …

Ransomware was officially a billion dollar crime in 2016, with more than 4,000 attacks since Jan. 1 and at least 25 variants of ransomware discovered. Researchers have predicted they would discover more than 100 variants before year’s end. And as of August, Malwarebytes research uncovered 40 percent of businesses in four countries experiencing an attack in the past year. One third of those businesses attacked lost revenue as a result. Who are the victims? Healthcare and financial services are the most popular enterprise targets, …

Ransomware has been rising at an “alarming rate,” according to security researchers, with a 3,500 percent increase in criminal use of net infrastructure that helps run ransomware campaigns. According to Microsoft, the U.S. has the highest number of ransomware attacks, with more than 300,000. It can affect anyone with a computer or mobile device, and there are already plenty of examples of large businesses, especially healthcare, being victimized and shelling out large amounts of money to get their data back. How does …

Malware with a business plan – that’s how I’d describe Cryptolocker, the latest encryption-turned-bad software to hit PCs. Categorized as ‘ransomware,’ this type of malware encrypts files on your computer and refuses to decrypt until you pay the malware authors a fee. What’s worse is the threat of permanent deletion if you don’t pay – the malware displays a countdown timer that shows you how long you have to pay up until your files are gone forever, as ThreatTrackSecurity.com reports. …

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