The ransomware ecosystem is maturing. Strains are divided into “families” and the number of new families that have been discovered in 2017 is half what it was in 2016. Even so, the total number of attacks targeting businesses have risen by 26 percent over last year’s totals, according to the latest statistics released by Kaspersky Lab.
Rather than inventing wholly new software strains, hackers around the world seem content to modify existing strains, with the number of modifications growing from 54,000 to an astonishing 96,000 this year.
The modifications are having impacts that extend far beyond simply allowing them to slip past a company’s defenses. Last year, 29 percent of companies impacted by a ransomware attack claimed that the incident took a week or longer to recover from. This year, that percentage rose to 34 percent.
According to one of Kaspersky’s senior malware analysts, Fedor Sinitsyn, “The headline attacks of 2017 are an extreme example of growing criminal interest in a corporate target. We spotted this trend in 2016, it has accelerated throughout 2017 and shows no signs of slowing down.
Business victims are remarkably vulnerable, can be charged a higher ransom than individuals and are often willing to pay up in order to keep the business operational. New business-focused infection vectors, such as through remote desktop systems, are not surprisingly on the rise.”
In addition to the total number of such attacks increasing, we’ve seen several large-scale attacks this year, and there’s no reason to believe that we won’t see more of that in the months and years ahead.
This represents a fundamental shift in strategy as compared to years past and is a clear indication that hacking groups around the world are increasingly coordinating their efforts and learning from one another. That’s bad news for IT security professionals everywhere.
TIO Networks, a cloud-based, multi-channel bill payment platform purchased by Paypal for $233 million in 2017, was breached earlier this year, exposing PII (Personally Identifiable Information) for an estimated 1.6 million of the service’s users.
The Department of Health and Human Services’ Office for Civil Rights (OCR) has reminded those who deal with PHI and PII of the dangers that terminated employees can pose to system security in their monthly cyber security newsletter. Their advice is as timely as it is excellent, and includes the following:
You’ve probably heard the phrase “the customer is always right” a thousand times. It’s a truism in the business world, except when it isn’t. A recent survey released by Gemalto reveals a dismaying dichotomy that’s costing businesses around the world big money.
When Microsoft first released Windows 10, the company boasted that it would try to get its new OS running on a billion devices by 2018.
Microsoft is experimenting with a new feature that may change the look and feel of Windows 10 in some future update.
Sometimes hackers opt for a stealthy approach. Other times, their attempts are downright brazen. That’s definitely the case with a newly launched malware campaign that seeks to spread “Proton Mac,” a strain of malware designed to steal passwords from Mac users.
Do you own a Mac? Is it running Apple’s latest macOS, the “High Sierra?” If so, be extra careful with who you allow access to your machine.
Do you use the image hosting service, Imgur? If you do, there’s a slight chance that you’ll be prompted to change your password the next time you log on. That’s because the company’s servers were breached in 2014, and the hackers made off with 1.7 million usernames and passwords, which represents just a tiny fraction of the company’s 150 million users.