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Over 27,000 MongoDB Databases Held For Ransom Within A Week

Over 27,000 MongoDB Databases Held For Ransom Within A Week
Jan 09, 2017
The ransomware attacks on poorly secured MongoDB installations have doubled in just a day. A hacker going by the handle Harak1r1 is accessing, copying and deleting unpatched or badly-configured MongoDB databases and then threatening administrators to ransom in exchange of the lost data. It all started on Monday when security researcher Victor Gevers identified nearly 200 instances of a MongoDB installation that have been erased and held for ransom , asking victims to pay hefty ransoms for the data to be restored. By Tuesday, this number reached approximately 2,000 databases as reported by Shodan Founder John Matherly, and by Friday, Gevers and fellow security researcher Niall Merrigan updated this count to 10,500. However, according to recent statistics compiled by Merrigan, the number of compromised systems have reached more than double to 27,000, over the course of about 12 hours. What's worse? Initial attacks saw ransoms of 0.2 Bitcoins (nearly US$184) to the

This Ransomware Unlocks Your Files For Free If You Read CyberSecurity Articles

This Ransomware Unlocks Your Files For Free If You Read CyberSecurity Articles
Jan 05, 2017
Ransomware has been around for a few years, but in last two years, it has become one of the fastest growing threats to businesses and users across the world, so will be in 2017. Ransomware is a piece of malware that encrypts files on your computer with strong encryption algorithms and then demands a ransom money in Bitcoin to decrypt the data so you can regain access to your encrypted files. We have seen some nastier ransomware infections over the past couple of years. The most interesting one was Popcorn Time that decrypts victims files for free if they pass the infection on to other people. Now, a new strain of ransomware takes the infection to a whole new level of craziness. Dubbed Koolova , the ransomware will restore your encrypted files for free, just like Popcorn Time. The only difference between both the infections is that you don't have to infect others to get free decryption key. Instead, all you have to do is educate yourself about ransomware by reading two

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024
Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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