‘No More Ransom’: A Summer Ransomware Project by Tech Security Giants
Europol, the Dutch national police, McAfee, Intel Security and Kaspersky Labs have spent this past summer helping victims of ransomware. Calling themselves the “No More Ransom Project,” the group helps people learn about ransomware and how to prevent it, as well as offering tools to help victims recover lost data. A Web Portal Dedicated to Preventing and....
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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....
The master decryption keys for the ransomware, CrySis, has been released to the public, news that will undoubtedly come as a pleasant surprise to those victimized by the malware. Another Ransomware Tool Bites the Dust. The decryption keys first became public when a user posted them on a the forums of bleepingcomputer.com. The user, known only as crss7777, posted the decryption keys on the forum at 1 AM Sunday morning. Researchers at Kaspersky Lab, who have recently launched an anti-ransomware campaign in conjunction with Intel Security and international law enforcement this summer, quickly....
The public and private sectora are now joining forces to stop ransomware as part of an international initiative to combat cybercrime. Groups participating in the project include Intel Security, Kaspersky Lab, the Dutch National Police and Europol. International Crackdown on Ransomware. The initiative, called “No More Ransom,” has a simple goal: make it more difficult for cyber criminals to capitalize on ransomware by outsmarting them. The organizers plan on doing this by both offering people decryption keys and advice on how to avoid becoming victims in the first place, thus avoiding....
IBM is heading an open source project called the "Open Ledger Project" that is overseen by the Linux Foundation and includes major tech and banking giants. In essence, the Open Ledger Project will ostensibly lead to the creation of a pseudo-private(?) but open-source ledger that is likely to have applications beyond its participants, according to reports. Although details are currently limited to reports by WIRED, Fortune and Bloomberg, IBM has laid the foundation for a new open-source blockchain with the Open Ledger Project that is supported by the likes of Intel and Cisco in the tech....
One thing seems certain: it will become harder to detect this malicious software in the future. One of the most popular trends in 2016 has been the surge in ransomware deployment. Over the coming 12 months, this situation will only get worse. Enterprises and users are advised to take the necessary precautions to nip these attacks in the bud. In the first week of the new year, new types of ransomware have made their presence known already. KillDisk is a type of malware that has been around for some time already. A new version of this ransomware strain has security researchers concerned,....