Office 365 Zero-day Leads To Ransomware Phishing Attacks
Sometimes it feels like the only way Bitcoin makes headlines is either through a price change or ransomware. Cerber, one of the most dangerous types of Bitcoin ransomware alive today, has been cloned into a new variant. As a result, this undisclosed type of malware can target Office 365 users through a zero-day attack. It is very well possible millions of business users have been affected already. When malware starts to show traits of chameleon-like behavior, things are getting more worrisome than ever before. Security researchers have discovered a new form of the Cerber ransomware family,....
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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....
Distribution of this malware is showing signs of innovation as well. Criminals have been switching between exploit kits, spam campaigns, and social engineering attacks to secure their payday. The topic of ransomware never seems to be far away these days. Online threats are a significant concern for both individual users and enterprises around the world. With the first half of 2016 behind us, it is evident ransomware will not go away anytime soon. Enterprises lost US$209m due to these attacks in the first six months of 2016. Ransomware Leads To Mounting Financial Losses. The new report,....
Kraken grows its empire, a new strain of malware is spreading, and a bitcoin auction occurs in Australia. Want to catch up on the latest digital currency news? Take a look at the stories below. RANSOMWARE. Cerber, regarded as one of the most dangerous types of bitcoin ransomware existing today, has been cloned as an undisclosed type of malware that targets Office 365 users, and millions of businesses are believed to be infected. Though not fully understood, the malware can bypass Office security protocols where it then executes large-scale phishing attacks. A voice-recorded message soon....