Cryptovirological Discovery: KARLS Ransomware
In the last two to three years, development of new ransomware scripts has become a major activity in the cybercriminal world. Cryptovirological operators are constantly working on entirely new strains…
Flawed Automation Software Plug-in Leads to GandCrab Attacks on MSPs
ConnectWise is professional automation software. In 2016, the developer company designed a plug-in to sync data between its own platform and other monitoring and management software applications. In the last…
EncryptedBatch Ransomware: A New Screen Locker on the Block
In our discussion of ransomware evolution, we have talked about the two major types of ransomware i.e. the ones that carry out extensive encryption activity on the targeted devices and…
Belgian Companies Pay €20,000 on Average for Ransomware
It is estimated that since 2016, the number of cybercrime cases reported have tripled. Vanbreda Risk & Benefits, a Belgian insurance broker, believes that this unusual rise is attributed to…
Ransomware Sees Further Decline, While Banking Trojans Step Up
The Top Vector for Malware Distribution The very same report that brought us the above mentioned stats also concluded that email remains the top medium for the distribution of malware…
Olympia Financial Group Becomes Infected By Ransomware
Businesses in North America are becoming increasingly weaker as cybercriminals remain more dangerous than ever. This time, the ransomware strain picked out a prominent name in Canada, Olympia Financial Group…
Ransomware Goes Rogue against the Cloud!
In mid 2000s, Amazon became one of the pioneers in the cloud computing industry as it released the highly popular AWS (Amazon Web Services). Soon, in the next decade, cloud…
Cybercriminals Grow Bolder: MSPs in the Crosshairs of Ransomware!
As the world moved towards digitization, it was not possible for all companies to hire in-house teams to build their IT infrastructure from scratch. Large organizations could indeed invest the required time and…
Ransomware Victims Who Pay Cough Up $6,733 (on Average)
Not every victim of cybercrime looks for ransomware removal strategies. There are some who pay their attackers which cumulated to an average $6733 in the last quarter of 2018. This…
New Ransomware Strain Is Locking up Bitcoin Mining Rigs in China
Bitcoin mining rigs have been on the lookout for ransomware removal strategies recently and this new threat has been surfacing mostly in China. Our best guess why China is being…