Friday, May 29, 2020

Important Ransomware Lessons:

1 - "Prevention is better than cure"
2 - Backups help with recovery but, won't prevent a data breach. 

We now have NetWalker - “ransomware-as-a-service” (RaaS) - Threatens to publish victims’ data on the internet if ransoms are not paid.  Attackers send poisoned emails are sent that appear related to the Coronavirus crisis. It  can also masqueraded as the legitimate password management app Sticky Password.

https://www.tripwire.com/state-of-security/featured/netwalker-ransomware-what-need-know/

Wednesday, May 27, 2020

ATM Skimmers - This one has three bad news

1 - ATM Skimmers (nothing new)
2 - ATM vendor wanted to install it
3 - The vendor enjoyed legal protection from a top anti-corruption official in the Mexican attorney general’s office.

https://krebsonsecurity.com/2020/05/report-atm-skimmer-gang-had-protection-from-mexican-attorney-generals-office/

Tuesday, May 26, 2020

Few ransomware stats to help manage your business risk

: 1 - Criminals succeeded in encrypting the data in 73% of these attacks.
2 - 59% of attacks involved data in the public cloud.
3- One in five organizations has a major hole in their cyber security insurance.
4 - The average cost to rectify the impacts is US$732,520 for those who do not pay the ransom, rising to US$1,448,458 for those who pay.

Good news - 56% got data back via backups than by paying the ransom .


https://news.sophos.com/en-us/2020/05/12/the-state-of-ransomware-2020/?cmp=26105