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The Department of Justice announced Wednesday charges against two Iranian nationals for their involvement in creating and deploying the notorious SamSam ransomware. The alleged hackers, Faramarz Shahi Savandi, 34, and Mohammad Mehdi Shah, 27, have been charged on several counts of computer hacking and fraud charges, the indictment unsealed today at New Jersey court revealed. The duo used SamSam ransomware to extort over $6 million in ransom payments since 2015, and also caused more than $30 million in damages to over 200 victims, including hospitals , municipalities, and public institutions. According to the indictment, Savandi and Mansouri have been charged with a total of six counts, including one count of conspiracy to commit wire fraud, one count of conspiracy to commit fraud and related activity in connection with computers, two counts of intentional damage to a protected computer, and two counts of transmitting a demand in relation to damaging a protected computer. Si

Windows and Linux users need to beware, as an all-in-one, destructive malware strain has been discovered in the wild that features multiple malware capabilities including ransomware, cryptocurrency miner, botnet, and self-propagating worm targeting Linux and Windows systems. Dubbed XBash, the new malware, believed to be tied to the Iron Group, a.k.a. Rocke—the Chinese speaking APT threat actors group known for previous cyber attacks involving ransomware and cryptocurrency miners . According to the researchers from security vendor Palo Alto Networks, who uncovered the malware, XBash is an all-in-one malware that features ransomware and cryptocurrency mining capabilities, as well as worm-like ability similar to WannaCry or Petya/ NotPetya . In addition to self-propagating capabilities, XBash also contains a functionality, which is not yet implemented, that could allow the malware to spread quickly within an organization's network. Developed in Python, XBash hunts for vul

It comes as no surprise that today's cyber threats are orders of magnitude more complex than those of the past. And the ever-evolving tactics that attackers use demand the adoption of better, more holistic and consolidated ways to meet this non-stop challenge. Security teams constantly look for ways to reduce risk while improving security posture, but many approaches offer piecemeal solutions – zeroing in on one particular element of the evolving threat landscape challenge – missing the forest for the trees.  In the last few years, Exposure Management has become known as a comprehensive way of reigning in the chaos, giving organizations a true fighting chance to reduce risk and improve posture. In this article I'll cover what Exposure Management is, how it stacks up against some alternative approaches and why building an Exposure Management program should be on  your 2024 to-do list. What is Exposure Management?  Exposure Management is the systematic identification, evaluation,

Bristol Airport has blamed a ransomware attack for causing a blackout of flight information screens for two days over the weekend. The airport said that the attack started Friday morning, taking out several computers over the airport network, including its in-house display screens which provide details about the arrival and departure information of flights. The attack forced the airport officials to take down its systems and use whiteboards and paper posters to announce check-in and arrival information for flights going through the airport and luggage pickup points for all Friday, Saturday, and the subsequent night. "We are currently experiencing technical problems with our flight information screens," a post on the Bristol Airport's official Twitter feed read on Friday. "Flights are unaffected and details of check-in desks, boarding gates, and arrival/departure times will be made over the public address system. Additional staff are on hand to assist passeng

A former Microsoft network engineer who was charged in April this year has now been sentenced to 18 months in prison after pleading guilty to money laundering in connection with the Reveton ransomware. Reveton malware is old ransomware, also known as scareware or police ransomware that instead of encrypting files locks the screen of victims' computers and displays a message purporting to come from a national law enforcement agency. The splash screen of the malware was designed to falsely tell unsuspecting victims that they have been caught doing illegal or malicious activities online or the law enforcement had found illegal material on their computer, forcing users to make pay a "fine" of $200-300 within 48 hours to regain access to their computers. Raymond Odigie Uadiale, 41-year-old, who worked as a Microsoft network engineer, is not the actual author of the Reveton ransomware , but he helped the Reveton distributor, residing in the UK and identified as the online

Ransomware has become a multimillion-dollar black market business for cybercriminals, and SamSam being a great example. New research revealed that the SamSam ransomware had extorted nearly $6 million from its victims since December 2015, when the cyber gang behind the ransomware started distributing the malware in the wild. Researchers at Sophos have tracked Bitcoin addresses owned by the attackers mentioned on ransom notes of each SamSam version and found the attackers have received more than $5.9 million from just 233 victims, and their profits are still on the rise, netting around $300,000 per month. "In total, we have now identified 157 unique addresses which have received ransom payments as well as 89 addresses which have been used on ransom notes and sample files but, to date, have not received payments," the new report by Sophos reads. SamSam Ransomware Attacks > What makes SamSam stand out from other forms of ransomware is that SamSam is not distributed