Ransomware continues to be the weapon of choice for hackers around the world, but their distribution methods are evolving. Recently, a new strain of the ransomware known as CryptoMix was found in the wild, sporting a new distribution methodology. Hackers are beginning to target publicly exposed remote desktop services and …
Ransomware Attackers Targeting Larger Companies For More Money
If you haven’t heard of the GrandCrab ransomware strain, it’s something you should put on your company’s radar. It first emerged as a viable threat in early 2018. Since that time, its creators have been constantly tweaking and honing their approach, turning it into a devastatingly effective strain. The latest …
Average Ransomware Attack Payments Total $6,700 Per Incident
How much does a successful ransomware attack cost a victim on average? The numbers will terrify you. Based on the latest statistics compiled by Coveware, each incident of a compromised computer costs a whopping $6,733, which is a hefty 13 percent increase from just one quarter ago. Part of the …
Watch Out For New Ransomware Called Phobos
There’s a new strain of ransomware making the rounds, and it’s a nasty piece of work. Called Phobos by its creators, the latest threat on the ransomware scene first made an appearance in December of 2018. While details are sketchy, what we know so far about it is grim indeed. …
Ransomware Can Make Installing Illegal Software More Risky
Most reputable businesses don’t deal in illegal copies of commercial software, but there have been a few reported instances. There’s always the possibility that a cash-strapped individual that’s eager to do additional work from home might resort to installing a ‘cracked’ free copy of a program. Unfortunately, those who opt …
New Ransomware Encrypts Data And Steals Payment Info
There’s a new strain of ransomware being deployed with increasing frequency. Believe it or not, it’s even more dangerous than the strains we’ve seen in recent months. Unlike other types of ransomware, this one not only encrypts your files and demands payment (which is bad enough) but it also attempts …