The financial sector has long been heavily targeted by cybercriminals. Over the years, the number of Cyberthreats and attacks that involved extortion, social engineering, and credential-stealing malware has surged rapidly. This means that financial institutions should strive to familiarise themselves with the threats and the agents behind them. Here are seven new threats and tactics, techniques, and procedures that security …
New Locky ransomware: what you need to know
In 2016, the Locky ransomware infected millions of users with a Microsoft Word file. It was eventually contained, and cyber security firms have since created protections to detect and block previous Locky variants. However, a similar malware is currently spreading worldwide and has so far infected tens of thousands of computers. Quick facts According to a threat intelligence report, the …
Why Nyetya is more threatening than WannaCry
The WannaCry ransomware, which infected 200,000 business globally and made over $100,000 in ransom payments, is said to be one of the worst cyber attacks in history. However, a new ransomware strain named Nyetya is shaping up to be a more formidable security threat. It has already affected businesses globally, and security firms and researchers believe it to be stealthier …
Ransomware demands more victims for freedom
Popcorn Time is taking ransomware to a new level of devilish trickery by asking victims to give up two of their friends for a chance to rid their own computers of the virus. In cyber security this level of diabolical blackmail represents a new and scary trend for hackers. For more information on how Popcorn Time works and what you …
Set your ransomware files free, for free
In computers, as in war, encryption is a way of encoding sensitive information so only authorised parties can make use of it. Unfortunately, computer hackers have developed ways to infiltrate your company’s network and systems, take your confidential data hostage, and unlawfully encrypt it. Pay them a ransom and you may or may not get it back, Ransomware is the …
Microsoft Office 365 ravaged by ransomware
Many users feel safe behind their monitors and why shouldn’t they? With the myriad of IT security measures available out there, it’s easy to make any device feel like Fort Knox. What many people underestimate though, is the tenacity and relentless determination which cyber criminals have when searching for the tiniest loophole they can find in our security protocols. The …
Ransomware attacks – how to protect your business
The number of ransomware attacks is increasing at an alarming rate, making ransomware the biggest cyber threat that businesses are facing today. To see this disturbing trend, you only have to turn back the clock to the beginning of 2016. There was a 30 percent increase in the number of ransomware attacks in the first quarter of 2016 compared to …