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Ransomware is a kind of malware used by cybercriminals to stop users from accessing their systems or files; the cybercriminals then threaten to leak, destroy or withhold sensitive information unless a ransom is paid. Ransomware attacks can target either the data held on computer systems (known as locker ransomware) or devices (crypto-ransomware). In both instances, once a ransom is paid, threat actors typically provide victims with a decryption key or tool to unlock their data or device, though this is not guaranteed. Oliver Pinson-Roxburgh, CEO of  Defense.com , the all-in-one cybersecurity platform, shares knowledge and advice in this article on how ransomware works, how damaging it can be, and how your business can mitigate ransomware attacks from occurring. What does a ransomware attack comprise? There are three key elements to a ransomware attack: Access In order to deploy malware to encrypt files and gain control, cybercriminals need to initially gain access to an organiza

A threat actor associated with the LockBit 3.0 ransomware-as-a-service (RaaS) operation has been observed abusing the Windows Defender command-line tool to decrypt and load Cobalt Strike payloads.  According to a report published by SentinelOne last week, the incident occurred after obtaining initial access via the  Log4Shell vulnerability  against an unpatched VMware Horizon Server. "Once initial access had been achieved, the threat actors performed a series of enumeration commands and attempted to run multiple post-exploitation tools, including Meterpreter, PowerShell Empire, and a new way to side-load Cobalt Strike," researchers Julio Dantas, James Haughom, and Julien Reisdorffer  said . LockBit 3.0 (aka LockBit Black), which comes with the tagline "Make Ransomware Great Again!," is the  next iteration  of the prolific  LockBit RaaS family  that emerged in June 2022 to iron out  critical weaknesses  discovered in its predecessor. It's notable for insti

The need for vCISO services is growing. SMBs and SMEs are dealing with more third-party risks, tightening regulatory demands and stringent cyber insurance requirements than ever before. However, they often lack the resources and expertise to hire an in-house security executive team. By outsourcing security and compliance leadership to a vCISO, these organizations can more easily obtain cybersecurity expertise specialized for their industry and strengthen their cybersecurity posture. MSPs and MSSPs looking to meet this growing vCISO demand are often faced with the same challenge. The demand for cybersecurity talent far exceeds the supply. This has led to a competitive market where the costs of hiring and retaining skilled professionals can be prohibitive for MSSPs/MSPs as well. The need to maintain expertise of both security and compliance further exacerbates this challenge. Cynomi, the first AI-driven vCISO platform , can help. Cynomi enables you - MSPs, MSSPs and consulting firms

Researchers have uncovered a list of 3,207 mobile apps that are exposing Twitter API keys in the clear, some of which can be utilized to gain unauthorized access to Twitter accounts associated with them. The takeover is made possible, thanks to a leak of legitimate Consumer Key and Consumer Secret information, respectively, Singapore-based cybersecurity firm CloudSEK said in a report exclusively shared with The Hacker News. "Out of 3,207, 230 apps are leaking all four authentication credentials and can be used to fully take over their Twitter Accounts and can perform any critical/sensitive actions," the researchers said.  This can range from reading direct messages to carrying out arbitrary actions such as retweeting, liking and deleting tweets, following any account, removing followers, accessing account settings, and even changing the account profile picture. Access to the Twitter API  requires  generating secret keys and access tokens, which act as the usernames and

Now more than ever, organizations need to enable their development teams to build and grow their security skills. Today organizations face a threat landscape where individuals, well-financed syndicates, and state actors are actively trying to exploit errors in software. Yet, according to recent global research, 67% of developers that were interviewed said they were still shipping code they knew contained vulnerabilities.  Helping your development teams progress to achieve security maturity is possible, and ultimately beneficial. It will help ensure secure software development at every stage of the software development lifecycle. But how can you help your development teams reach security maturity? We dug deep and leveraged insights from over 400 of our customers to identify traits and behaviors that occur when a development team increases its security maturity. Here we share two of them: #1: A deep understanding of your gaps Before creating any maturity program, we first need to u

A 24-year-old Australian national has been charged for his purported role in the creation and sale of spyware for use by domestic violence perpetrators and child sex offenders. Jacob Wayne John Keen, who currently resides at Frankston, Melbourne, is said to have created the remote access trojan (RAT) when he was 15, while also administering the tool from 2013 until its shutdown in 2019 as part of a coordinated Europol-led exercise. "The Frankston man engaged with a network of individuals and sold the spyware, named Imminent Monitor (IM), to more than 14,500 individuals across 128 countries," the Australian Federal Police (AFP)  alleged  in a press release over the weekend. The defendant has been slapped with six counts of committing a computer offense by developing and supplying the malware, in addition to profiting off its illegal sale. Another woman, aged 42, who lives in the same home as the accused and is identified as his mother by  The Guardian , has also been c

The operators of the Gootkit access-as-a-service ( AaaS ) malware have resurfaced with updated techniques to compromise unsuspecting victims. "In the past, Gootkit used freeware installers to mask malicious files; now it uses legal documents to trick users into downloading these files," Trend Micro researchers Buddy Tancio and Jed Valderama  said  in a write-up last week. The findings build on a previous report from eSentire, which  disclosed  in January of widespread attacks aimed at employees of accounting and law firms to deploy malware on infected systems. Gootkit is part of the proliferating underground ecosystem of access brokers, who are known to provide other malicious actors a pathway into corporate networks for a price, paving the way for actual damaging attacks such as ransomware. The loader utilizes malicious search engine results, a technique called  SEO poisoning , to lure unsuspecting users into visiting compromised websites hosting malware-laced ZIP pac

Image via Keeper Right Now, Get 50% Off Keeper, the Most Trusted Name in Password Management. In one way or another, almost every aspect of our lives is online, so it's no surprise that hackers target everything from email accounts to banks to smart home devices, looking for vulnerabilities to exploit. One of the easiest exploits is cracking a weak password. That's why using a strong, unique password for each individual account is so important. But creating and remembering strong, unique passwords for dozens of accounts is nearly impossible – unless you're using  a top-rated password manager like Keeper . The Problem With Weak Passwords Image via Keeper A strong password  should  be a minimum of 12 characters long, with uppercase and lowercase letters, numbers, and one or more special characters. More importantly, it shouldn't contain dictionary words or personal information like birthdays or names. But the average American has  100 passwords . Maybe that's why  66%  of people in