How do companies regardless of size and industry prepare for ransomware attacks? A recent study revealed that businesses are considering saving up Bitcoins, just in case they get hit by these threats and can recover their confidential files in a short span of time. While we donât recommend succumbing to the ransom payment as it doesnât guarantee that youâll get your files back plus youâll be prone to more ransomware attacks, we canât also blame these large organizations and businesses for doing so.
Read MoreAs we are certain about some aspects of life, the same can be said about cybercrime. Tax Day draws closer in the U.S., and as millions of Americans are in the process of filing their taxes, cybercriminals are also stepping in to make this task profitable for them and difficult for their victims. We have seen recent incidents of organizations falling for business email compromise (BEC) schemes related to tax filing; now, it looks like online extortionists have joined the fray as well.
Read More2014 was a year that was marked with numerous changes in the threat landscape. We saw a lot of improvements in existing malware, either with new evasion techniques or versions. We even saw some old techniques and attacks resurface in the landscape. Evasion Tactics We are seeing more malware incorporate Tor in their routines as…
Read MoreCryptolocker, a refinement of Ransomware with file-encryption capabilities emerged in the wild last October 2013. It continuously evolves as seen in the inclusion of new tactics and methods to avoid early detection and convinces unsuspecting users to pay the âransomâ to get their files back. Cryptographic Locker Ransomware We recently spotted a ransomware variant that claims to…
Read MoreOne of the recent triumphs against cybercrime is the disruption of the activities of the Gameover ZeuS botnet. Perhaps what makes this more significant is that one major threat was also affectedâthe notorious CryptoLocker malware. However, this disruption hasnât deterred cybercriminals from using file-encrypting ransomware. In fact, we saw new crypto-ransomware variants that use new…
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