Picture the scene: you are the chief counsel at a large, multinational corporation, and as you attempt to log on to your system on Monday morning, you notice that your email box isn’t updating, and you can’t log on to your computer using the c…
Tag: RansomOps
Security Bloggers, Security Vendor News
Webinar July 14th 2022: Ransomware Labs
by Cybereason Team •
Learn how ransomware behaves so you can better defend against it. Ransomware operations have transformed dramatically over the last few years from a small cottage industry conducting largely nuisance attacks to a highly complex business model …
Security Bloggers, Security Vendor News
Cybereason vs. Black Basta Ransomware
by Cybereason Nocturnus •
The Black Basta ransomware is a new strain of ransomware discovered in April of 2022. Although active for just two months, the group already rose to prominence claiming attribution of nearly 50 victims as of the publication of this report.&nbs…
Security Bloggers, Security Vendor News
How AI-Driven XDR Defeats Ransomware
by Anthony M. Freed •
In June 2021, we detailed the ways that ransomware can end up costing organizations in our report, Ransomware: The True Cost to Business. The report revealed that two-thirds of ransomware victims report significant revenue loss following an at…
Security Bloggers, Security Vendor News
Defending Against the Five Stages of a Ransomware Attack
by Anthony M. Freed •
The increasing sophistication of ransomware attacks is costing businesses more than ever. Our recently released report, titled Ransomware: The True Cost to Business Study 2022, revealed that 73% of organizations suffered at least one ransomwar…
Security Bloggers, Security Vendor News
Report: Ransomware Attacks and the True Cost to Business 2022
by Cybereason Team •
Ransomware continues to dominate the threat landscape in 2022. Organizations are under siege from a wide variety of threats, but ransomware offers threat actors a unique combination of very low risk with very high reward—which is why the volum…
Security Bloggers, Security Vendor News
Targeted by Ransomware? Here are Three Things to Do Straight Away
by Anthony M. Freed •
Ransomware attacks more than doubled over the course of 2021. In a report shared by PRNewswire, researchers revealed that they had detected 623.3 million attacks globally—318.6 million more attacks than were observed in 2020—an increase of 105…
Security Bloggers, Security Vendor News
Ransomware: What’s in a Name?
by Greg Day •
Back when I started in cybersecurity in the very early 1990’s, one of the first threats I remember was a Boot Sector virus called Casino. Effectively, when triggered, it would delete the FAT (File Allocation Table)–think of this as the index t…
Security Bloggers, Security Vendor News
Cybereason vs. Quantum Locker Ransomware
by Cybereason Nocturnus •
The Quantum Locker is a ransomware strain that was first discovered in July 2021. Since then, the ransomware was observed used in fast ransomware attacks, in some cases even Time-to-Ransom (TTR) of less than 4 hours, leaving defenders little t…
Security Bloggers, Security Vendor News
How Do Ransomware Attacks Impact Victim Organizations’ Stock?
by Anthony M. Freed •
Ransomware has developed into an extremely lucrative business model with little risk involved for the threat actors. Couple this with the willingness of most victim organizations to pay the ransom demand under the assumption it will return bus…
Security Bloggers, Security Vendor News
Webinar May 25th 2022: Organizations at Risk: Ransomware Attackers Don’t Take Holidays
by Cybereason Team •
Join us for this webinar as we delve into research findings about the risk to organizations from ransomware attacks that occur on weekends and holidays and how you can better prepare to defend against and respond to attacks designed to hit whe…
Security Bloggers, Security Vendor News
The State of Ransomware in the Retail Sector
by Anthony M. Freed •
How many ransomware attacks did Retailers suffer in 2021? As reported by Infosecurity Magazine, the volume of ransomware attacks grew 105% between 2020 and 2021 to 623 million attack attempts. Much of this growth took place in the Public se…
Security Bloggers, Security Vendor News
Webinar April 26th: Profile of the Dark Economy of Ransomware
by Cybereason Team •
Ransomware operators have steadily become more sophisticated and more aligned with nation-state actors making ransomware an existential threat for enterprises.
Security Bloggers, Security Vendor News
White Paper: Inside Complex RansomOps and the Ransomware Economy
by Anthony M. Freed •
Ransomware operations have transformed dramatically over the last few years from a small cottage industry conducting largely nuisance attacks to a highly complex business model that is extremely efficient and specialized with an increasing …
Security Bloggers, Security Vendor News
Ransomware vs. AI: The Battle Between Machines
by Anthony M. Freed •
According to recent reporting, the majority of respondents said their organizations were targeted by a ransomware attack in 2021. In an independent global study covered by Forbes, 80% of IT and security professionals indicated that ransomwa…
Security Bloggers, Security Vendor News
Webinar April 14th: Live Attack Simulation – Ransomware Threat Hunter Series
by Cybereason Team •
Ransomware has the potential to affect any organization with exposed defenses. The challenges presented by a multi-stage ransomware attack to large organizations with a mature security team in place are unique and require an informed respon…
Security Bloggers, Security Vendor News
Webinar April 14th: Live Attack Simulation – Ransomware Threat Hunter Series
by Cybereason Team •
Ransomware has the potential to affect any organization with exposed defenses. The challenges presented by a multi-stage ransomware attack to large organizations with a mature security team in place are unique and require an informed respon…
Security Bloggers, Security Vendor News
Webinar April 14th: Live Attack Simulation – Ransomware Threat Hunter Series
by Cybereason Team •
Ransomware has the potential to affect any organization with exposed defenses. The challenges presented by a multi-stage ransomware attack to large organizations with a mature security team in place are unique and require an informed respon…
Security Bloggers, Security Vendor News
How to Create an Effective Ransomware Response Plan
by Anthony M. Freed •
The volume of ransomware attacks was unprecedented in 2021. For instance, in the third quarter of the year, security researchers documented 190.4 million ransomware attempts. This volume made Q3 2021 the highest quarter ever recorded, repor…
Security Bloggers, Security Vendor News
The State of Ransomware in the Manufacturing Sector
by Anthony M. Freed •
How many ransomware attacks did the Manufacturing Sector suffer in 2021? According to research, 21% of ransomware attacks targeted manufacturing organizations in 2020, and it was a similar story in 2021.
Security Bloggers, Security Vendor News
Webinar March 31st: Live Attack Simulation – XDR vs. Modern Ransomware
by Cybereason Team •
Throughout history, sometimes truth ends up being even stranger than fiction. Today’s parade of multi-million dollar ransomware payout headlines is no exception: cybercriminals and ransomware gangs are outgunning prevention tech and respons…
Security Bloggers, Security Vendor News
Leveraging Artificial Intelligence to Prevent RansomOps Attacks
by Anthony M. Freed •
Ransomware attacks increased dramatically in both volume and sophistication throughout 2021. As reported by Help Net Security, researchers observed a 148% increase in global ransomware attacks through the third quarter (Q3) of 2021. This br…
Security Bloggers, Security Vendor News
Threat Detection: Making the Complicated Simple Again
by Greg Day •
There are certain immutable things in cybersecurity; the volume of threats will only ever grow, the acceptable time for businesses to be offline will only get shorter. What is clear is the longer you are breached, the greater the potential …
Security Bloggers, Security Vendor News
The Impact of Ransomware in the Healthcare Sector
by Anthony M. Freed •
How many ransomware attacks did the Healthcare sector suffer in 2021? In a recent survey of healthcare organizations, 34% of respondents indicated they had suffered a ransomware attack in 2021. The healthcare sector thereby fared better tha…
Security Bloggers, Security Vendor News
Cybereason vs. HermeticWiper and IsaacWiper
by Cybereason Security Research Team •
Ukraine has been attacked by several new data wipers as the cyberwar that started in 2013 enters a new round. For the last couple of months, there has been a wave of cyberattacks targeting Ukrainian interests involving website defacements a…
Security Bloggers, Security Vendor News
Cybereason vs. BlackCat Ransomware
by Cybereason Nocturnus •
Since its first emergence in November 2021, the Cybereason Nocturnus team has been tracking the BlackCat Ransomware (aka ALPHV), which has been called “2021’s most sophisticated ransomware”.
Security Bloggers, Security Vendor News
What’s Next in the Evolution of Complex RansomOps?
by Anthony M. Freed •
Ransomware gangs introduced lots of new tricks in 2021. Some attack groups went beyond double extortion to impose even more pressure on their victims. With triple extortion, attackers began offering to sell victims’ data to competitors or i…
Security Bloggers, Security Vendor News
Three Questions to Ask about Ransomware Preparedness
by Anthony M. Freed •
Ransomware operations, or RansomOps™, have evolved dramatically over the last few years, growing from a small subset of mostly nuisance attacks to a mature business model specialization and an increasing pace of innovation and technical sop…
Security Bloggers, Security Vendor News
Malicious Life Podcast: Why Do APTs Use Ransomware?
by Malicious Life Podcast •
Complex cybercrime attacks are increasingly showing more overlap with nation-state sponsored attacks, with some cybercriminal groups adopting more sophisticated TTPs and attack progressions, and some APTs adopting ransomware payloads to dis…
Security Bloggers, Security Vendor News
Shields Up: Is Your Ransomware Protection What It Should Be?
by Dan Verton •
The recent ‘Shields Up’ initiative from the Cybersecurity and Infrastructure Security Agency (CISA), an effort to warn businesses and critical infrastructure operators to prepare for cyberattacks coinciding with the imminent Russian invasio…
Security Bloggers, Security Vendor News
Webinar March 15th: CISO Roundtable – Top CISO Priorities for 2022
by CISO Stories Podcast •
For security leaders, it can be hard to catch a break when faced with the increasingly challenging task of defending their organizations from evolving threats while simultaneously fighting the battle of the budget in an effort to do more wi…
Security Bloggers, Security Vendor News
Webinar March10th 2022: Live Attack Simulation – XDR vs. No-Macro RansomOps
by Cybereason Security Team •
Throughout history, sometimes truth ends up being even stranger than fiction. Today’s parade of multi-million dollar ransomware payout headlines is no exception: cybercriminals and ransomware gangs are outgunning prevention tech and respons…
Security Bloggers, Security Vendor News
Cybereason vs. WhisperGate Wiper
by Cybereason Nocturnus •
As geopolitical tensions are escalating between Russia and Ukraine, the cyberwar that has been going on since 2013 recently had another round of escalation. For the last couple of months, there have been a wave of cyberattacks targeting Ukr…
Security Bloggers, Security Vendor News
How to Prevent Ransomware Attacks at the Earliest Stages
by Anthony M. Freed •
Ransomware attacks are one of the most challenging threats organizations face today. At the same time, it is difficult, if not impossible, for private-sector Defenders to draw a clear distinction between attacks supporting nation-state geop…
Security Bloggers, Security Vendor News
THREAT ANALYSIS REPORT: All Paths Lead to Cobalt Strike – IcedID, Emotet and QBot
by Cybereason Global SOC Team •
The Cybereason Global Security Operations Center Team (GSOC) issues Cybereason Threat Analysis reports to inform on impacting threats. The Threat Analysis reports investigate these threats and provide practical recommendations for protectin…
Security Bloggers, Security Vendor News
Cybereason vs. Lorenz Ransomware
by Cybereason Nocturnus •
Lorenz is a ransomware strain observed first in February of 2021, and is believed to be a rebranding of the “.sZ40” ransomware that was discovered in October 2020. Lorenz targets organizations worldwide with customized attacks demanding hun…
Security Bloggers, Security Vendor News
Cybereason vs. Lorenz Ransomware
by Cybereason Nocturnus •
Lorenz is a ransomware strain observed first in February of 2021, and is believed to be a rebranding of the “.sZ40” ransomware that was discovered in October 2020. Lorenz targets organizations worldwide with customized attacks demanding hun…
Security Bloggers, Security Vendor News
Financial Services and the Evolving Ransomware Threat
by Anthony M. Freed •
There’s no doubt about it, ransomware attackers are increasingly targeting organizations in the financial services sector. As reported by Berkley Financial Specialists, financial institutions reported 635 ransomware-related events in the fi…
Security Bloggers, Security Vendor News
Financial Services and the Evolving Ransomware Threat
by Anthony M. Freed •
There’s no doubt about it, ransomware attackers are increasingly targeting organizations in the financial services sector. As reported by Berkley Financial Specialists, financial institutions reported 635 ransomware-related events in the fi…
Security Bloggers, Security Vendor News
Webinar February 24th 2022: Live Attack Simulation – Ransomware Threat Hunter Series
by Cybereason Security Team •
Ransomware has the potential to affect any organization with exposed defenses. The challenges presented by a multi-stage ransomware attack to large organizations with a mature security team in place are unique and require an informed respon…