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Cybercrime, Data Breach, Ransomware, Security News

History shows, transparency can ease the fallout from a cyberattack

Cybersecurity firms have a responsibility to keep their clients safe from digital attacks. But when they end up the victims, they potentially risk losing credibility with these customers, especially if their operations are disrupted. It’s a potentially juicy extortion scenario for attackers, and we just saw an example of this play out last week when…
Cybercrime, Data Breach, Featured, Ransomware, Security News

Stricken electronics firms weigh reward, cost of paying ransom

Garmin reportedly paid cyber extortionists millions of dollars for access to a decryptor so that the company could restore its services to customers following a July 23 WastedLocker ransomware attack. Meanwhile, a separate ransomware outfit this week reportedly leaked sensitive data lifted from LG and Xerox’s internal networks after attempted negotiations with the two tech…
Cybercrime, Ransomware, Security News, Website/Web Server Security

Avon attackers may have exploited unprotected web server

An openly accessible web server has emerged as a possible attack vector used by cybercriminals in a reported ransomware incident that affected personal care and beauty marketer Avon Products last June. Researchers from Safety Detectives today announced its discovery of a U.S.-based Avon.com server that was not defended by a password, leaving it accessible to…
APTs/cyberespionage, Cybercrime, Data Breach, Malware, Ransomware, Security News

Dacls RAT’s goals are to steal customer data and spread ransomware

The Dacls remote access trojan that is capable of attacking Windows, Linux and macOS environments has been used to distribute VHD ransomware and to target customer databases for attempted exfiltration, according to researchers. Kaspersky on Wednesday revealed this latest intel on Dacls in a company blog post and corresponding press release that also detailed an…
Events, InfoSec World 2020, Network Security, Ransomware, Research, Security News

Risk assessments reveal businesses remain deficient in security compliance, training

InfoSec World 2020 – An analysis of more than 100 risk self-assessments conducted by business organizations across a cross-section of industries revealed that over 65 percent admitted to achieving zero-to-minimal compliance of U.S. state data privacy and security regulations, including myriad breach laws and the California Consumer Privacy Act. The discouraging findings show that business…
Coronavirus, Cybercrime, Mobile Security, Ransomware

Mobile ransomware disguised as upcoming Canadian Covid-19 contact tracing app

Capitalizing on a Canadian government announcement pertaining to the development of a nationwide, voluntary Covid-19 contact tracing app, malicious actors this month created a fake version of such an app that in reality infects Android users with mobile ransomware. According to a new blog post from ESET, the ransomware, dubbed CryCryptor, was found being distributed…
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