As 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 More
PowerShell is a versatile command-line and shell scripting language from Microsoft that can integrate and interact with a wide array of technologies. It runs discreetly in the background, and can be used to obtain system information without an executable file. All told, it makes an attractive tool for threat actors. There were a few notable instances…Read More
Possibly to maximize the earning potential of Cerber’s developers and their affiliates, the ransomware incorporated a routine with heavier impact to businesses: encrypting database files. These repositories of organized data enable businesses to store, retrieve, sort, analyze, and manage pertinent information. When utilized effectively they help maintain the organization’s efficiency, so holding these mission-critical files hostage can adversely affect the business’s operations and bottom line.
A known ransomware peddled as a turnkey service to budding cybercriminals, Cerber has metamorphosed into a myriad of versions throughout its lifecycle. It picked up more tricks along the way, some of which include integrating a DDoS component, using double-zipped Windows Script Files, and leveraging a cloud productivity platform, even serving as secondary payload for an information-stealing Trojan.Read More
This year alone, the FBI predicted that the total loss to ransomware will reach a whopping US$1 billion. The ransomware business is booming, encouraging cybercriminals to expand their target base—from consumers to businesses, regardless of type and size.Read More
In an effort to develop a target base and increase the conversion rate of victims, ransomware perpetrators will try to veer away from well-known families and create new family sporting seemingly new techniques—with varying degrees of practicality.Read More