ransomware

Tue
05
Apr
John Lister's picture

Ransomware Scammer Gets Five Years

An Estonian man will spend more than five years in a US jail for ransomware scams. Maksim Berezan took more than $50 million from victims. Many scammers get away with online crimes because they operate in countries with a lax attitude to crimes ... committed against people outside their national borders. That was not the case with Berezan, who was arrested in Latvia and extradited to the US. Justice Department officials thanked authorities in both Latvia and Estonia for their cooperation. Although Berezan pleaded guilty in April last year, he's only just been sentenced for "conspiracy to commit ... (view more)

Wed
16
Feb
John Lister's picture

Report: Most Ransomware Money Tied to Russia

Nearly three in every four dollars paid to ransomware scammers goes to Russian-affiliated groups according to new research. The authors also accuse Russia of turning a blind eye to large-scale money laundering. The figures come from Chainalysis, ... which tracks crime involving cryptocurrencies. These are "virtual" currencies such as Bitcoin where all transactions are tracked on a public "ledger". The way cryptocurrencies work means its relatively straightforward to track the amount of money a particular user has spent or received. However, it's often difficult to prove who a particular user is. ... (view more)

Fri
11
Feb
John Lister's picture

Microsoft Tackles Macro Malware

Microsoft is making it harder for scammers to distribute ransomware and other malware through Office documents. However, the tighter block on visual basic macros running by default may frustrate some users. A macro is a way of reducing a series of ... instructions to a single instruction, while VBA (visual basic language) is a way of handling macros in Microsoft programs. It's often used for frequently performed tasks. To give a hypothetical example, a user could create a macro in a spreadsheet that means pressing a couple of keys together which tells the computer to check two columns for any ... (view more)

Tue
25
Jan
John Lister's picture

Edge 'Update' Is Ransomware Scam

Scammers are tricking Microsoft Edge users with a bogus software update. It's something of a backhanded compliment to the browser finding an audience. Security company Malwarebytes says it worked with the independent research team "nao_sec" to ... identify the scam. At the moment it appears to be specifically targeting users in South Korea with ransomware, though the tactic could easily be adapted. (Source: techradar.com ) According to the researchers, the scam begins with a malicious ad, usually posted on a page with a lot of advertising. That's likely to make it harder to identify the culprit. ... (view more)

Wed
28
Jul
John Lister's picture

Russian Ransomware Group Suffers Big Blow

A ransomware gang said to have Russian links appears to have been knocked offline. The REvil group recently demanded a $70 million ransom after a major attack. The group was linked to two recent attacks, the first on an international meat processing ... company. JBS, which is estimated to process 20 percent of the beef and pork sold in the US, had to shut down production while dealing with the breach. An even more serious attack targeted Kaseya, a company that not only offers computing services to businesses, but also powers many managed service providers that run IT for their own clients. The ... (view more)

Tue
26
Jan
John Lister's picture

Ransomware Gets Doubly Dangerous

Ransomware infections used to be about forcing victims to pay to regain access to their files. Now it appears more and more scammers are treating it as an exercise in blackmail. A new cybersecurity report says 18 known ransomware gangs have switched ... their focus to threatening to publish stolen data unless the victim pays up. That's led to some businesses paying the ransom even though they had access to backups in order to restore their files. Traditionally ransomware has been about file encryptions. Scammers get access to a victim's computer or network through malware, then the infection " ... (view more)

Mon
07
Dec
Dennis Faas's picture

Acronis True Image 2021 Review

If you lost all of the data on your PC, would you be devastated? According to a recent report, cyber crimes are booming thanks to the covid-19 pandemic . That's because cyber criminals are counting on the fact that most users are working remotely at ... home and/or retired, increasing their chances in converting a "sale". The Federal Bureau of Investigation (FBI) said that in 2019, cyber criminals raked in $3.5 billion targeting individuals and businesses in the USA. Of that, $8.9 million was attributed to ransomware attacks, while scammers posing as fake technical support stole $54 ... (view more)

Thu
12
Nov
John Lister's picture

Beware of Bogus Microsoft Teams 'Update'

If you use Microsoft Teams, watch out for bogus advertisements offering an "update". It's a scam designed to install malware that tries to steal personal data. The group chat and video conferencing tool has understandably become more popular this ... year with the increase in remote desktop connections to workplaces. That's attracted the attention of scammers who have put together a creative strategy to steal data. It's important to note that the attack doesn't aim to exploit any vulnerability in Teams itself. Instead, it's simply aimed at people using it, particularly those who have only started ... (view more)

Thu
01
Oct
John Lister's picture

COVID-19 Changes Ransomware Tactics

COVID-19 hasn't had much direct effect on the world of malware, but it may be why ransomware scams are getting scarily efficient. So says Microsoft in its latest "Digital Defense Report." The report is based on Microsoft's experiences through its ... built-in and standalone security measures on consumer and business devices and networks. It covers the year from July 2019 though June 2020. (Source: microsoft.com ) Microsoft suggests COVID-19 itself hasn't made much difference to most forms of malware. That's something of a surprise given more people are working from home and thus sending ... (view more)

Wed
23
Sep
John Lister's picture

Hospital Hacker Must Pay $1.5M, Jailed 5 Years

A man who was part of a hacking gang that stole medical records and tried to blackmail an accounting company has been sentenced to five years in prison. Nathan Wyatt was a member of a group calling themselves The Dark Overlord. British-born Wyatt ... had previously been extradited to the United States. He was charged with conspiracy against the US, threatening damage to a protected computer, and aggravated identify theft. Originally Wyatt pleaded not guilty. He later changed his plea to guilty on the conspiracy charge and received a five year prison sentence and ordered to pay $1,467,048 in ... (view more)

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