Ransomware Attacks Large UK News Site, Demands Bitcoin Payment
A new Cryptesla ransomware is making the rounds throughout the web locking up users files and demanding Bitcoin. Recently the UK news publication The Independent was allegedly compromised by the malicious malware. Trend Micro Blog said that the Cryptesla 2.2.0 had infected the media site by focusing in on its blog page and possibly threatening readers....
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In fact, 1% of attacks saw a demand of US$150,000 to be paid in Bitcoin. Ransomware developers are always one step ahead of security researchers these days. Not only in the way their software works, but also how they target potential victims. American businesses are seeing an influx in ransomware attacks all of a sudden. More particularly, company executives are a prime target for ransom are right now. While nearly nine in ten ransomware attacks are targeting hospitals these days, corporations are not out of the woods just yet. A new study unveiled how 40% of businesses investigated had....
Nearly 1.2 million money-stealing malware incidents were discovered in Q3 of 2016. Additionally, over 821,000 unique device crypto ransomware attacks were successfully blocked. Every time a report related to ransomware is published, there is a growing reason for concern. Although the public knows about this threat, the number of attacks continues to increase. In fact, a new Kaspersky Labs report indicates things are starting to get out hand rather quickly. In Q3 of 2016, there have been 3.5 times as many ransomware modifications as before. Criminals seem to be enjoying themselves when it....
The rise of ransomware attacks is giving banks a cause for concern as they now have to buy and keep cryptocurrency in the event it is needed to pay criminals when their files are held to ransom. In an interview with Business Insider, Malwarebytes CEO, Marcin Kleczynski, said the situation has become so aggressive to the business environment in the last six to 12 months that companies from 25 people to 250,000 people are getting hit with ransomware. In the past year, the number of such recorded attacks – and the call for bitcoin-related payment for ransom – has been worrying. The Rise of....
A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment as more criminal groups want only XMR. A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of ransomware.“Current Trends in Ransomware” delves into trends observed during 2021 but was only released this week. The firm revealed there was almost a 500% increase in “double extortion” ransomware attacks from 2020 to 2021. These are cyber attacks in which malicious actors steal a....
In a joint statement published by the White House, members from the Counter Ransomware Initiative acknowledged that crypto could be facilitating ransomware attacks around the world. Related Reading | Ransomware Group REvil Hacks 200 U.S. Companies, Demands $70M In Bitcoin As Ransom Representatives from the European Union, Canada, United Arab Emirate, the United, Kingdom, the […]