© 2020 CBS Interactive. To receive periodic updates and news from BleepingComputer, please use the form below. There is no evidence that cyberattacks have compromised voting infrastructure in 2020. Cyberattacks have surged during the coronavirus pandemic. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. The REvil Ransomware (Sodinokibi) operation has deposited $1 million in bitcoins on a Russian-speaking hacker forum to prove to potential affiliates that they mean business.
But who will be they be focusing on, then? In North America, ransomware attacks affected nearly seven-in-10 companies (69%) compared to 55% of companies in Asia and Oceania. Some attackers took advantage of COVID-19 to coax people into opening malicious emails and attachments, while other ransomware groups agreed to an ad-hoc ceasefire on healthcare vendors. According to the spokesperson, “Suncrypt is after the cybersecurity companies,” and they say we will all be seeing proof of that very soon. (CNN Business)As the nation careens toward Election Day fears are bubbling up about potential election interference from a fresh source: ransomware. A ransomware operation has started to utilize a new tactic to extort their victims: DDoS a victim's website until they return to the negotiation table. A portion of the flashcard provides a global view of ransomware attacks based on CyberEdge's 2020 "Cyberthreat Defense Report." Delivered Tuesdays and Thursdays. Updated 1451 GMT (2251 HKT) October 15, 2020. His previous work includes a wide spectrum of beats and formats ranging from tech-savvy urban planning initiatives to hands-on gadget reviews. Unique industry intelligence, management strategies and forward-looking insight delivered bi-monthly. "I can just about guarantee you there would be very little commonality amongst the 50 states running the same software across all their systems," he said. Overall, the Lumu flashcard essentially functions as an all-in-one infographic compiling 2020 ransomware trends from an amalgam of sources across the cybersecurity industry. Based on these estimates, the cumulative cost of cyberattacks could rise to $20 billion by 2021 from $11.5 billion in 2019. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Blackbaud, a leading cloud software provider, confirmed that the threat actors behind the May 2020 ransomware attack had access to unencrypted banking and login information, as well as social security numbers. CMA CGM S.A., a French maritime transport and logistics giant, today disclosed a malware attack affecting some servers on the edge of its network. Just how badly could ransomware disrupt the election, and how worried should we be? QNAP warns customers of recent wave of ransomware attacks. Contributors and those who provided new ransomware information and stories this week include: @Ionut_Ilascu, @Seifreed, @BleepinComputer, @FourOctets, @DanielGallagher, @fwosar, @LawrenceAbrams, @struppigel, @serghei, @jorntvdw, @malwrhunterteam, @PolarToffee, @malwareforme, @demonslay335, @VK_Intel, @nao_sec, @CORE561, @PogoWasRight, @M_Shahpasandi, @fbgwls245, @MarceloRivero, @0x4143, and @GrujaRS. "If the flow of cash stops, the attacks will stop," said Brett Callow, a threat analyst at the security firm Emsisoft. The U.S. was hit by a barrage of ransomware attacks in 2019 that impacted at least 948 government agencies, educational establishments and health-care providers at a potential cost in … The line between ransomware attacks and data breaches continues to blur in early 2020, with a number of prolific ransomware operators – including Maze, Sodinokibi, DoppelPaymer, Nemty, … We know how to defend against it.
Strengthen your organization's IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices. Factset: FactSet Research Systems Inc.2018. Ransomware attacks are not about to be history anytime soon. The average costs of data breaches will reach into the hundreds of millions of dollars by 2020. In recent months cyberattacks have increased as criminals look to exploit the coronavirus pandemic. Victims of the 11 biggest ransomware attacks (so far) have spent at least $144.2 million on costs ranging from investigating the attack, rebuilding networks and restoring backups to paying the hackers ransom and putting preventative measures in place to avoid future incidents. QNAP has issued an advisory about a recent wave of ransomware attacks targeting its NAS storage devices and encrypting files. Concerns around ransomware's disruptive potential spiked after Tyler Technologies, a major software vendor to many state and local governments, In 2016, a Florida county elections office was. The one bit of good news this week is the release of a free decryptor for the ThunderX ransomware. One main reason is that for ransomware to work, it must first take advantage of specific software flaws. At the end of the day, experts say, the tools and principles for defending against ransomware are relatively straightforward, and apply equally to organizations and individuals: Create regular backups of your data that you store offline. Five of the ransomware victims were municipal governments, while the remaining spanned verticals from legal, manufacturing and financial services to IT services, facility management and higher education. Most successful cyberattacks don't occur randomly over the open internet, said Dister. Additionally, the flashcard also highlights forecasted trends in cyberattacks using a Cybersecurity Ventures report. Recorded Future assisting with compiling some of the incidents. That brings us to the final point: Ransomware is not a mystery. Municipal governments, universities and private businesses have spent more than $144 million responding to the biggest ransomware attacks of 2020 (so far), spending on everything from rebuilding networks and restoring backups to paying the hackers ransom. dnwls0719 found a new Phobos Ransomware variant that appends the .isos extension to encrypted files. State and local governments are also increasingly attuned to the ransomware risk.
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