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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…
Ransomware, Security News

Louisiana spurns attempted ransomware attack, governor says

Louisiana activated its cybersecurity team after the state was targeted in an attempted ransomware attack similar to those aimed at government organizations and local school districts during the summer, newly re-elected Governor John Bel Edwards tweeted Monday.  “The Office of Technology Services [OTS] identified a cybersecurity threat that affected some, but not all state servers,”…
Ransomware, Security News

Captives of industry

Ransomware is everywhere. It plagues businesses big and small, across the globe, even in the most hidden corners. Still, over the past year, certain industries have been feeling the pain more than others. A Malwarebytes quarterly report released last August found that detections of ransomware among organizations rose 365 percent from Q2 2018 to Q2…
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…
Ransomware, Security News

Spirit AeroSystems confirms ASCO Industries cyberattack

Reports that Belgian aerospace manufacturer ASCO Industries has shuttered several factories due to a ransomware attack on June 7 is certainly news, but what is causing even more raised eyebrows is the company’s almost complete silence on the issue. However, the proposed buyer Spirit has told SC Media that it was informed by ASCO of…
Malware, Security News

Aebi Schmidt latest manufacturer dealing with cyberattack

Swiss heavy equipment company Aebi Schmidt apparently was hit with a ransomware attack earlier this week. The company has not issued a public report on the incident, but told TechCrunch that its Windows environment had been hit with malware and the company had shut down that portion of its network while it deals with the…
Cybercrime, Malware, Security News

Malware attack rains on Weather Channel’s parade, disrupts live broadcast

The Weather Channel is blaming a “malicious software” attack for knocking its live morning broadcast off the air for approximately one hour and 39 minutes today. “We experienced issued with this morning’s live broadcast following a malicious software attack on the network,” reads a tweet issued by the network earlier today. “We were able to…
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…
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