Cerber ransomware | Breaking Cybersecurity News | The Hacker News

Romanian police have arrested five individuals suspected of infecting tens of thousands of computers across Europe and the United States in recent years by spreading two infamous ransomware families—Cerber and CTB Locker. Under Operation Bakovia —a major global police operation conducted by Europol, the FBI and law enforcement agencies from Romanian, Dutch, and the UK—raided six houses in East Romania and made five arrests, Europol said on Wednesday. Authorities have seized a significant amount of hard drives, external storage, laptops, cryptocurrency mining devices, numerous documents and hundreds of SIM cards during the raid. One thing to note is that all of the five suspects were not arrested for developing or maintaining the infamous ransomware strains, but for allegedly spreading CTB Locker and Cerber. Based on CryptoLocker, CTB Locker , aka Critroni, was the most widely spread ransomware families in 2016 and was the first ransomware to use the Tor anonymizing network

What's the worst that could happen when a Ransomware malware hits University? Last month, the IT department of the University from where I have done my graduation called me for helping them get rid of a Ransomware infection that locked down all its student's results just a day before the announcement. Unfortunately, there was no decrypter available for that specific ransomware sample, but luckily they had the digital backup for the examination results in the form of hundreds of excel sheets. So, somehow backup helped administrator to re-compile complete result once again into the database, but this delayed the announcement for over 30 days. However, the situation is not same every time. Recently, the University of Calgary in Alberta  paid a ransom of $20,000 to decrypt their computer systems' files and regain access to its own email system after getting hit by a ransomware infection. The University fell victim to ransomware last month, when the malware instal

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