Posts Tagged ‘ransomware’

Los Angeles College Pays Hackers $28,000 Ransom for Data

Friday, January 20th, 2017

aboutlaccd

Last week, the Los Angeles Community College District’s (LACCD) computer systems were held for a whopping $28,000 ransom—and because they paid, the ransomware makers are now that much richer.

Once again, the whole thing could have been avoided with some cheap $250 backup software. You can almost hear the campus management kicking themselves from here.

The worst part is the justification the LACCD gave for the ransomware payout—and the consequences for other educational institutions in the future.

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Koolova: The World’s First ‘Nice’ Ransomware?

Friday, January 6th, 2017

800x400-joseph-gordon-levit-500-days-of-summer

Every time I write an article on a new form of ransomware, I’m always surprised. And Koolova, the latest ransomware to hit the scene, does not disappoint.

Last year saw a host of bizarre ransomware variants. There was Popcorn Time, which let you infect two users to get a free decryption key. Jigsaw, which played out like having a Saw-movie villain on your computer. And the Cerber ransomware, which hijacked people’s speakers to talk to them directly.

So you’d think the ransomware makers had run out of tricks. But they forgot to mention something.

Apparently, Jigsaw has a brother. His name is Koolova, and he’s concerned that you might fall under his brother’s influence.

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The Cost of Ransomware in 2016: $1 Billion and Rising.

Monday, November 21st, 2016
 growth in ransomware families

If you’re reading this, there’s a 50/50 chance you’ve been hit by ransomware this year already, according to an Osterman Research Study.

Since last year, ransomware attacks have more than doubled, jumping from 23k to a staggering 56k. And to make matters worse, the average ransom has skyrocketed from $294 to $679.

Translation? Malware is hitting twice as often and twice as hard.

For the full brief on the 2016 malware menace, read our rundown. And remember, the only sure-fire way to protect your data from ransomware is a strong backup strategy!

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Don’t plug it in! Malware-infected USB sticks in your Mailbox

Monday, October 3rd, 2016

Infected USB drives are making the rounds

It’s like the tale of Pandora’s box. Infected USB sticks are finding their way into people’s mailboxes—and curiosity is making them look inside.

The Australian Police Force is being flooded with phone calls from residents of the Melbourne suburb of Pakenham. Upon connecting the infected USB sticks to thier computers, they’ve been assailed with extremely harmful malware.

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How Your IoT Home or Car Can Be Hacked By Ransomware

Wednesday, August 10th, 2016

IoT Ransomware security

In the future, your household appliances or even your car could be turned against you—and it’s easier to do than you think.

Hackers recently demonstrated this by hacking a smart thermostat with ransomware, forcing it to stay at 99 degrees. The thermostat demanded $300 in bitcoins to regain its control.

The hackers said it was “so easy” to deliver ransomware via the Internet of Things (IoT), meaning people’s homes or vehicles could be upturned by hackers and held for ransom in the near future.

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New Stampado Ransomware Sold For A Steal

Friday, August 5th, 2016

Stampado Ransomware

For just a measly $39, anyone can buy software that can lock down your business and hold it for ransom.

This is the era we live in now—one where businesses, organizations and even hospitals are at threat from anyone willing to fork out the price of a restaurant meal to criminals on the dark web.

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Cerber ransomware hits over half of Office 365 users globally; Avanan.

Wednesday, July 6th, 2016

Cerber virus hits microsoft office 365 users

Millions of Office 365 users were recently struck with malicious malware that bypassed Microsoft’s built-in security and devastated their systems.

Almost as unnerving as malware smashing so easily through Microsoft safeguards was the fact that once infected, the ransomware speaks to the user directly through their speakers.

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Jigsaw Ransomware: The Saw-movie inspired ransomware out for chaos, not cash.

Wednesday, June 29th, 2016

jigsaw ransomware saw

It’s official—2016 is the worst year for ransomware on record. Nasty malware like Mischa, Petya, and Samsam are making the rounds. But Jigsaw, which showed up two months ago, stands apart from the rest.

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Samsam ransomware attack on U.S. Hospitals threatens patient’s lives

Tuesday, June 14th, 2016

Ransomware-hospitals-Samsam

Heartless hackers recently held 10 U.S. hospitals and the lives of sick people at ransom.

For $18,500 US, they endangered Washington and Baltimore patients by infecting key medical systems.

The hackers did this by targeting and infecting the hospital’s not-for-profit parent organization, MedStar, with a nasty new ransomware.

The ransomware—Samsam—requires no human interaction to activate. Unlike most ransomware, which targets humans, it targets servers instead.

According to MedStar spokesperson Ann Nickels, lives could have been lost if not for the quick thinking and preparedness of their IT staff.

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Double-trouble Ransomware ‘Petya’ and ‘Mischa’ throw out the rulebook; targets businesses, HR Employees and IT support.

Thursday, May 26th, 2016
With most ransomware, you can pay to get data back. But with Petya and Mischa, it might be lost permanently.

With most ransomware, you can pay to get data back. But with Petya and Mischa, it might be lost permanently.

If you’re familiar with Ransomware, you know its organized crime. Hackers target your precious data, encrypting and locking it behind a passkey only they have. You pay the ransom, you get the key and your data back.

Usually, it’s in the hacker’s best interest to follow through. They don’t want word to get around that they don’t return your data. It’s bad for business; and that’s what it is, a business.

However, the latest ransomware on the block, ‘Petya’, flies in the face of this concept. Not only is it more malicious than all the crypto-extortion programs before it, it sometimes doesn’t even help to pay.

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