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Cybercrime, Malware, Ransomware, Security News, Vulnerabilities

Researchers: LockerGoga coding error can be exploited to prevent malicious encryption

The LockerGoga ransomware that’s been targeting industrial and manufacturing companies in early 2019 contains a coding error that could potentially be exploited to stop it from encrypting files, researchers say. The mistake pertains to how the malware handles .lnk file extensions, explains a March 25 blog post from threat management company Alert Logic, whose researchers…
Cybercrime, Malware, Ransomware, Security News

Two U.S. chemical companies disclose cyberattack, LockerGoga suspected

Just days after a ransomware attack disrupted operations at Norwegian aluminium company Norsk Hydro, two U.S.-based chemical companies last Friday disclosed that they were affected by an unspecified network security incident that blocked access to certain IT systems and data. Reports suggest the incidents could be the work of LockerGoga, the same malicious encryption program that…
Cybercrime, Events, Malware, Ransomware, Security News

Destructive malware attacks double as attackers pair ransomware with disk wipers

IBM Security’s X-Force Incident Response and Intelligence Services (IRIS) team reported this week that it witnessed a 200 percent increase in destructive malware attacks over the first half of 2019, compared to the second half of 2018. These malware attacks typically incorporated a disk wiper component to them. Wipers are historically associated with nation-state-sponsored attacks…
Cybercrime, Malware, Ransomware, Security News

FIN6 cybercrime actor adds ransomware to its repertoire

Traditionally associated with payment card theft, the cybercriminal group FIN6 has expanded its operations to apparently include ransomware attacks using the malicious encryption programs Ryuk and LockerGoga, according to researchers. Investigations by the FireEye Intelligence research team and the company’s Mandiant division have revealed that FIN6’s ransomware activity dates back to July 2018, and has…
Cybercrime, Malware, Ransomware, Security News

Damages from ransomware attack on Norsk Hydro reach as high as $40M

Aluminum company Norsk Hydro has already lost as much as $40.6 million since it was attacked by LockerGoga ransomware on March 19, but at least most of its operations are back running at normal capacity, the company said in a news update yesterday. Most of the financial damage, which Hydro estimated at between 300 million…
Security News

Norwegian aluminum producer Norsk Hydro hit by an unspecified cyberattack

Norwegian aluminum producer Norsk Hydro was hit by a cyberttack which began Monday evening and escalated into the night. The Norwegian National Security Authority (NSM) declined to comment on what type of attack it was but said the extent of the attack is still being assessed and that it’s too early to state how big…
Cybercrime, Malware, Ransomware, Security News

Possible ransomware attack disturbs Altran Technologies’ European operations

French engineering research and consulting firm Altran Technologies disclosed this week that a Jan. 24 cyberattack impacted its operations in certain European countries. In response to the incident, the company immediately shut down its IT network and all applications,” the company said in a press release issued on Monday. Altran’s statement was short on specifics,…
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