RANSOMWARE ENCRYPTS
Who is Nitrogen group, what does Foxconn do and what data was hacked? Ransomware hackers claim breach at Foxconn
Who is Nitrogen group, what does Foxconn do and what data was hacked? Foxconn confirmed a cyberattack that affected some North American factories. The ransomware group Nitrogen claimed the breach and said it stole more than 11 million files and eight terabytes of data. The files may include customer information, product schematics, and bank statements. Foxconn said operations are resuming while cybersecurity teams continue response work and investigation.
Nearly half of retail ransomware attacks stem from unknown security gaps: Report
Retailers are grappling with major cybersecurity threats. Unknown weaknesses fuel ransomware attacks, with many paying hefty ransoms. While data encryption rates have dropped, attackers are shifting to data theft. Internal expertise gaps and protection coverage issues persist. Sophos urges proactive measures to safeguard businesses against evolving cyber dangers.
One password, 700 jobs lost: How a ransomware attack crushed a 158-year-old UK firm
A single weak password led to the downfall of KNP, a 158-year-old UK transport company, resulting in 700 job losses. The Akira ransomware group encrypted KNP's systems, demanding a £5 million ransom the company couldn't afford.
DOGE-themed malware mocks Elon Musk, demands $1 trillion in ransom
A new round of Fog ransomware group-linked malware attacks has surfaced, taunting victims with DOGE-themed messages referencing Elon Musk. The newest strain asks for an outrageous $1 trillion and invites victims to share the malware. Humour notwithstanding, the attacks are serious, focusing on critical sectors and using phishing emails for entry. Regulators have alerted organisations not to underestimate the threat.
Medusa Ransomware Threat: What do the FBI and CISA warn Gmail and Outlook users about?
Federal agencies have warned users of Gmail, Outlook and similar services about Medusa ransomware. This cyber threat has affected over 300 victims in industries like healthcare, education and technology. Attackers use phishing and software vulnerabilities to breach data.
UPI, IMPS, retail payments of some banks temporarily unavailable due to ransomware attack on tech-provider
UPI payments: Ransomware attack on C-Edge Tecnologies who manages systems of certain specified banks. As per NPCI's advisory note, "To prevent larger impact to the payment ecosystem, NPCI has temporarily isolated C-Edge Technologies from accessing the retail payment systems operated by NPCI. Customers of banks serviced by C-Edge will not be able to access payment systems during the period of isolation."
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How can Indian SMEs combat ransomware attacks?
The average ransom soared to $1.54 million in 2023, nearly doubling from the previous year. Cybersecurity experts stress the urgent need for proactive defense strategies, including raising awareness, investing in robust infrastructure, implementing strong access controls, and developing incident response plans.
Cyberattacks on healthcare sector rising, 60% of organisations hit in a year: report
Only 24% of healthcare organisations were able to disrupt a ransomware attack before the attackers encrypted their data—down from 34% in 2022. This is also the lowest rate of disruption reported by the sector over the past three years.
CERT-In cautions internet users against Ransomware 'Akira' attack
The agency is the central technology arm to combat cyber attacks and guards the cyber space against phishing and hacking assaults and similar online attacks.
Ransomware incidents targeting 'critical infrastructure' have grown: MeitY
Ransomware incidents have grown over time with attacks across multiple sectors, including commercial and "critical infrastructure".
Ransomware Prevention
Conduct risk assessments and penetration tests to determine the attack surface and current state of security resilience and preparedness in terms of tools, processes and skills.
Data, kidnapped
We take a closer look at ransomware attacks that has grown from a cottage industry for crooks into a multi-billion-dollar racket and global security threat.
Cyber agency alerts against ransomware attacks of 'Egregor' virus
The agency also suggested some counter-measures to keep safe from such ransomware attacks.
Ransomware attacks have doubled year-on-year in April-July, says cybersecurity firm Seqrite
The Seqrite Quarterly Threat Report said there was a visible shift in the behaviour of threat actors, with multiple ransomware families now capable of stealing sensitive data in addition to holding the victim’s network for a ransom. Organisations in sectors such as BFSI, manufacturing, IT/ITeS and government are likely to be the primary targets due to the sheer amount of sensitive data they store
Ransomware: Impact and action plan for Indian businesses
WannaCry exploited a vulnerability in a commonly used operating system to spread which can pose a significant risk to businesses and individuals in India, considering the rampant use of expired and/or pirated software.
You can easily subscribe, launch ransomware attack
According to security solutions firm Symantec, India was one of the top countries to be affected by ransomware till the first half of 2017, accounting for 4% of all attacks.
Now ransomware attacks Android: DoubleLocker locks your smartphone by changing the PIN
The ransomware encrypts all files from the device’s primary storage directory, using the AES algorithm and the “.cryeye” extension.
Maharashtra police lodges case against "unknown persons" in ransomware attack
According to the complaint, Deshpandey's computer was taken over by the ransomware and money was demanded for the same.
Shipments hit by 'Petya' malware attack: Exporters
EEPC India Chairman T S Bhasin said JNPT port being impacted by the malware attack "has serious consequences for the country's exports.
Ransomware: Impact and action plan for Indian businesses
Investigations have identified WannaCry as the culprit (see box below for more details) and proliferation of this ransomware, in a significant number of cases, appears to have been through a route that most of us tend to overlook - use of expired/pirated software.
Unik Systems develops security product amidst ransomeware attacks
ZeroXT is an extension of Zero USB, which protects the OS from any form of destruction attacks, with the additional functionality of protecting data-at-rest, said Unik Systems.
48,000 ransomware attack attempts seen in India: Quick Heal Tech
Quick Heal Technologies has "detected over 48,000 MS-17- 010 Shadow Broker exploit hits responsible for 'WannaCry ransomware' outbreak in India", it said in a statement.
Ransomware attack: IT Ministry to host a webcast today at 11 am
In a release, the ministry said that the webcast on the topic "Prevention of WannaCry Ransomware Threat", to be delivered by CERT-In, will be broadcast on http://webcast.gov.in/cert-in/ on 15th May 2017 at 11 AM.
70 per cent of ATMs in India easy prey for cyber attackers
Microsoft stopped providing support -security patches and other tools -for Windows XP in 2014.
Indian companies and government institutions hit by massive global cyber-attack
Since the attack happened over the weekend, true extent of the damage can only be assessed on Monday when all individual PCs are fired up on Monday.
Wipro bio attack threat: You can be a victim of bitcoin-fuelled ransomware attack
Transactions in bitcoin, which is part of no banking system, cannot be tracked which makes it easier for cyber criminals to run their trade.
Mobile, ransomware pose big cyber threats: Chris Young, Sr VP & GM, Intel Security
Intel Security has its largest global development site in India. It's a site where people develop products and service solutions that are sold all over the world.
India witnesses 60,000 ransomware attacks in 2014: Symantec
India witnessed as many as 60,000 ransomware attacks on computers last year, making it the third-most attacked nation in Asia, according to security solutions firm Symantec.
Cyber Threat: Now, ‘ransomware’ plays havoc with data
In some cases, the malware may lock your screen unless you pay up. Simply put, it holds your data to ransom.
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