Researchers Uncover Cerber as Largest Ransomware-As-A-Service Ring
Check Point researchers have discovered the sophisticated organization of Cerber, a Ransomware-as-a-Service (RaaS), which is reported to have had a total estimated profit of $195,000 in July alone. Based on data collected by the researchers they found that the RaaS ring currently runs 161 active campaigns, infecting around 150,000 victims in 201 countries in the month of July. With eight new campaigns launched on a daily basis, it targets computer users with a new variant of the Cerber ransomware. According to researchers, the average ransom payment is one bitcoin, currently worth around....
Related News
Bitcoin ransomware keeps evolving, as developers want to do everything they can to outsmart security researchers. Cerber, one of the most potent forms of malware, is being offered on a ransom-as-a-service basis right now. But that is not the only new aspect about this strain of ransomware. The distribution method of Cerber has changed as well. Up until this point, this malware used to spread itself via macro-enabled Word documents. That model has undergone some changes too, as Windows Script Files are now being utilized for this particular purpose. Key Changes For Cerber Ransomware. Using....
Ransomware is now becoming standardized to create a lucrative business model, ransomware as a service for amateur hackers. Ransomware as a Service. Developers of the crypto-ransomware tool, Cerber, have set up a RaaS (Ransomware as a Service) platform for amateur threat actors that could end up bringing in some big money by distributing their tool to a network of affiliates. The business technique could end up netting nearly $2 million. Security vendor Check Point Software Technologies has gathered data on the ransomware tool and determined that in July alone Cerber-affiliates have....
As the summer draws ever closer, the chances of getting a computer infected with malicious software seem to increase exponentially. The latest version of Cerber ransomware is introducing new challenges for security experts. Malware factory has been introduced, which creates different versions of Cerber every 15 seconds. Cerber Becomes Completely Random. To this very date, Cerber is the most feared and destructive type of Bitcoin ransomware in circulation. Developers of this malware threat are becoming more crafty than ever before, and they keep updating the source code as well. In the....
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,....
Given the recent increase in Bitcoin ransomware attacks all over the world, security researchers have been trying to figure out which vulnerabilities have been exploited by hackers. As it turns out, the recent zero-day exploit in Flash is being used as part of the Magnitude exploit kit to distribute various forms of Bitcoin ransomware. Magnitude EK Uses Flash Zero-day Vulnerability. Just a few days ago, Adobe announced they had discovered a serious vulnerability in their Flash software package, which was patched as of yesterday morning. This prompt response by the company should avoid....