You’d think that cybercriminals would use ransomware to target high-profile businesses with loads of money to extort, but this is not always the case. Even a small business can fall victim to these particularly devastating threats. Ransomware, just like other threats out there, has continued to evolve and adjust its approaches based on the current cybersecurity climate, so what are some of the latest developments in ransomware?
CAI Managed IT blog
Ransomware is bad stuff, and it’s only gotten worse with its recent resurgence that aligned with the COVID-19 pandemic. Phishing attacks and other means by which ransomware is commonly spread have used the current atmosphere as a springboard. This makes it even more critical that these kinds of behaviors and attempts can be spotted and stopped.
In May of 2021, Ireland’s Health Service Executive, which handles healthcare and social services to the Emerald Isle’s nearly five million residents, was the target of a massive ransomware attack. Even as businesses and municipalities from all over the globe have been dealing with this plight, we mention this because of the aftereffects of this situation. Today, we take a look at the situation and what can be learned from it.
With so many high-profile ransomware attacks being launched against manufacturers, pipelines, and even hospitals, it’s no surprise that many companies are worried about what the future of this threat means for their organizations. Ransomware poses a serious threat, one that cannot possibly be ignored, so we urge you to take action now so you don’t come to regret it later.
A recent surge of high-profile ransomware attacks strikes again with an assault on the world’s largest meat processor and distributor, JBS S.A. The cyberattack was so disruptive that the company was forced to suspend operations in both North America and Australia, leading to a considerable impact on the supply chain. Let’s take a deeper dive into what lessons can be learned from this situation.
The situation surrounding the hack against Colonial Pipeline has only become more complex as new information has come to light, each new discovery providing more insights and potentially actionable takeaways. Let’s examine some of the biggest developments surrounding the attack, and what they will likely mean for overall cybersecurity from this point forward.
Ransomware is no laughing matter, especially in terms of the costs it can impose on its victims—this is, after all, what ransomware is famous for. However, some of these costs can be derived from unexpected expenses and exacerbate the already significant issues that ransomware poses. Let’s go over some of the costs that you should anticipate, should you be targeted by a successful ransomware attempt.
The do-it-yourselfers of the world have enjoyed the autonomy that the Internet brings into their lives. They can now look up how-to guides and YouTube videos on how to do just about anything. However, the Internet has also given hackers and other cybercriminals access to all sorts of technology that makes using malware and other threats easier than ever before--even for inexperienced users.
Imagine what it would be like to discover that your website was suddenly redirecting to content that was decidedly more... adult... than what should be representing your business. For a company in Phoenix, Arizona, this was the unfortunate reality after they had let their IT administrator go.
While many youngsters enjoy it when their school shuts down, this was likely not the case in Flathead Valley, Montana, where the cybercriminal group ‘TheDarkOverlord Solutions’ targeted the entire Columbia Falls school district. This attack caused the three-day closure and otherwise disrupted over 30 schools, and the personal information of teachers, students, and school administrators was supposedly to be released if the group didn’t receive a ransom payment.
The police exist to serve, protect, and enforce the law, but who can we turn to if even the cops are made victim of a cyberattack? This is the question the residents of Cockrell, Texas have to answer, as their police department fell victim to a ransomware attack known as the Osiris Ransomware.
Modern ransomware is exceptionally dangerous, even by malware standards. Ransomware is capable of locking down important files on a victim’s computer, displaying a massive threat to both business professionals and their networks, as well as the average PC user. While other types of ransomware like CryptoLocker and CryptoWall are somewhat manageable, a new variant called CryptoJoker makes it borderline impossible to recover your files.
Can you believe it’s already been two years since Cryptolocker, a particularly nasty strain of ransomware, was released into the online environment? By encrypting files on a victim’s computer, and forcing them to pay a fee for their safe return, Cryptolocker has been a significant threat to both business and personal environments. Now, however, a particular strain of Cryptolocker is making gamers look like cybersecurity rookies.