New Zealand-based infosec firm Emsisoft, has issued a report on ransomware in the US during 2023, in which they are suggesting a ban on paying ransoms and the subsequent loss of revenue by the gangs would reduce ransomware attacks. The State of Ransomware in the U.S.: Report and Statistics 2023 …
Yet another way for ransomware gangs to extort you
I have written about three of the ways ransomware hackers can extort you in my Ransomware Primer Mini-Series: Now the ALPHV/BlackCat ransomware gang has come up with yet another method to get organisations to pay their ransoms. In the US there is a legal obligation for publicly traded companies to …
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Cracking Ransomware Encryption
You should not rely on the technique in this article as your “ransomware recovery plan”: Researchers Quietly Cracked Zeppelin Ransomware Keys – Krebs on Security If you read the article, you can see that breaking the ransomware encryption is not easy or guaranteed. Neither should you plan on paying up: …
YOU WILL NOT PAY THAT RANSOMWARE DEMAND!
Australia has been in the cyber security headlines recently with a couple of high-profile hacks that has seriously impacted millions of citizens: Now it is being reported that the Australian government is considering bringing in legislation to prevent organisations legally paying ransomware demands, in an attempt to disrupt the threat …
Australia in the cyber security spotlight – UPDATED
This article was first posted on 27 October 2022 Update 10 November 2022 The headlines say it all: Medibank: Data stolen from Australia health insurance available online – BBC News Medibank hacker says ransom demand was US$10m as purported abortion health records posted | The Guardian These criminals will have …
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Negotiating with cyber criminals is not recommended…
For a start they are criminals, trying to extort you. I have heard business owners comment on ransomware gangs as though they are businesses you need to interact with. Now I know threat actors are shaping themselves to be business like with, help desks, means of paying the ransoms, public …
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The Feds are not impressed
Cryptocurrency bridge Nomad recently lost nearly $200 million to a cyber attack. Now they are offering the threat actors 90/10 split on the loot, for the return of 90% and not prosecution – Nomad will treat it as bug bounty for finding the flaw. Nomad are referring to the threat …