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Features, Security News

The hottest topic: Ransomware

The attacks that transpired last year alone arguably made ransomware the hot topic of the year and most likely a leading contender for 2020, as well, but a new element that cropped up late last year – attackers adding a layer of blackmail to the threat of locking a target’s computer system – solidified its…
Cybercrime, Malware, Ransomware, Security News

Snatch ransomware encrypts files in Safe Mode to thwart security software

A cybercriminal organization has been attacking Windows users with a hybrid ransomware and data stealer program that encrypts machines while in Safe Mode in order to render endpoint protection programs moot. Dubbed Snatch, the malware “runs itself in an elevated permissions mode, sets registry keys that instructs Windows to run it following a Safe Mode…
cyberattack, Security News

Pemex claims victory over cyberattack; $4.9 million ransom reportedly demanded

The claim made by the Mexican state-owned petroleum corporation Pemex that it had recovered from a Nov. 10 cyberattack was met with some skepticism, as published reports indicate the attack may be still affecting the company. Pemex stated it had suffered a cyberattack that impacted about five percent of its computer equipment, but managed to…
Ransomware, Security News

Ransom payments averaging $41,000 per incident

The average ransom payment paid out by victims increased 13 percent, to $41,000, during the last three months, but researchers noted the rate of increase has plateaued. Researchers at Coveware credited the victims with being better prepared to restore their data on their own negating the need to pay the ransom. However, that was not…
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