ransomware | Breaking Cybersecurity News | The Hacker News

A new widespread ransomware attack is spreading like wildfire around Europe and has already affected over 200 major organisations, primarily in Russia, Ukraine, Turkey and Germany, in the past few hours. Dubbed " Bad Rabbit ," is reportedly a new Petya-like targeted ransomware attack against corporate networks, demanding 0.05 bitcoin (~ $285) as ransom from victims to unlock their systems. According to an initial analysis provided by the Kaspersky, the ransomware was distributed via drive-by download attacks, using fake Adobe Flash players installer to lure victims' in to install malware unwittingly. "No exploits were used, so the victim would have to manually execute the malware dropper, which pretends to be an Adobe Flash installer. We've detected a number of compromised websites, all of which were news or media websites." Kaspersky Lab said . However, security researchers at ESET have detected Bad Rabbit malware as ' Win32/Diskcoder.D ' —

We don't really know the pain and cost of a downtime event unless we are directly touched. Be it a flood, electrical failure, ransomware attack or other broad geographic events; we don't know what it is really like to have to restore IT infrastructure unless we have had to do it ourselves. We look at other people's backup and recovery issues and hope we are smarter or clever enough to keep it from happening to us. Recovery from a downtime event includes inconvenience, extra work, embarrassment and yes, real pain. A ransomware attack is a good example. Unitrends—an American company specialised in backup and business continuity solutions—recently shared with us a real cyber-attack incident happened with one of their customers to describe the required steps they took to recover functionality following a CryptoLocker attack against a US city. Also, how it cost city's Governance team days of production and hundreds of man-hours to recover. The Challenge

In today's digital world, where connectivity is rules all, endpoints serve as the gateway to a business's digital kingdom. And because of this, endpoints are one of hackers' favorite targets.  According to the IDC,  70% of successful breaches start at the endpoint . Unprotected endpoints provide vulnerable entry points to launch devastating cyberattacks. With IT teams needing to protect more endpoints—and more kinds of endpoints—than ever before, that perimeter has become more challenging to defend. You need to improve your endpoint security, but where do you start? That's where this guide comes in.  We've curated the top 10 must-know endpoint security tips that every IT and security professional should have in their arsenal. From identifying entry points to implementing EDR solutions, we'll dive into the insights you need to defend your endpoints with confidence.  1. Know Thy Endpoints: Identifying and Understanding Your Entry Points Understanding your network's

Remember NotPetya ? The Ransomware that shut down thousands of businesses, organisations and banks in Ukraine as well as different parts of Europe in June this year. Now, Ukrainian government authorities are once again warning its citizens to brace themselves for next wave of "large-scale" NotPetya-like cyber attack. According to a press release published Thursday by the Secret Service of Ukraine (SBU), the next major cyber attack could take place between October 13 and 17 when Ukraine celebrates Defender of Ukraine Day (in Ukrainian: День захисника України, Den' zakhysnyka Ukrayiny). Authorities warn the cyber attack can once again be conducted through a malicious software update against state government institutions and private companies. The attackers of the NotPetya ransomware also used the same tactic—compromising the update mechanism for Ukrainian financial software provider called MeDoc and swapping in a dodgy update including the NotPetya computer v

DoubleLocker —as the name suggests, it locks device twice. Security researchers from Slovakia-based security software maker ESET have discovered a new Android ransomware that not just encrypts users' data, but also locks them out of their devices by changing lock screen PIN. On top of that: DoubleLocker is the first-ever ransomware to misuse Android accessibility —a feature that provides users alternative ways to interact with their smartphone devices, and mainly misused by Android banking Trojans to steal banking credentials. "Given its banking malware roots, DoubleLocker may well be turned into what could be called ransom-bankers," said Lukáš Štefanko, the malware researcher at ESET. "Two-stage malware that first tries to wipe your bank or PayPal account and subsequently locks your device and data to request a ransom." Researchers believe DoubleLocker ransomware could be upgraded in future to steal banking credentials as well, other than just ext

Whenever we feel like the Locky ransomware is dead, the notorious threat returns with a bang . Recently, researchers from two security firms have independently spotted two mass email campaigns, spreading two different, but new variants of the Locky ransomware . Lukitus Campaign Sends 23 Million Emails in 24 Hours The campaign spotted by researchers at AppRiver sent out more than 23 million messages containing Locky ransomware in just 24 hours on 28 August across the United States in what appears to be one of the largest malware campaigns in the second half of this year. According to the researchers, the emails sent out in the attack were "extremely vague," with subjects lines such as "please print," "documents," "images," "photos," "pictures," and "scans" in an attempt to convince victims into infecting themselves with Locky ransomware. The email comes with a ZIP attachment (hiding the malware payload) tha