As tech advances, so too, do the malware attacks. Amid a pandemic, ransomwares are turning to privacy-centric coins to get away with crime.
Ransomware is a type of malicious software made for the extortion of money. In principle, the software works by blocking the whole computer system or access to a user’s data through file encryption and then demands a ransom from the victim. Ransomware attacks are mainly target large organizations, as they have a large amount of valuable information and are ready to pay for it. Currently, as cryptocurrency has become one of the most convenient and fastest ways of payment, a lot of companies buy digital currencies in order to escape quickly from a ransomware attack. Bitcoin has also become one of the most popular currencies that is demanded by extorters as payment because of its relative anonymity and speed of transactions.
Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users.18727
EvilQuest ransomware is launching attacks against macOS users through infected installers.4763
Microsoft research shows crypto-related attacks grew in Indonesia during from 2018 to 2019.2874
The University of California at San Francisco has paid a million-dollar ransom following unsuccessful negotiations with a ransomware hacker group.4143
Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic.4154
Symantec revealed that a WastedLocker ransomware attack was blocked on time after an early alert by the cybersecurity firm.34345
Maze and Doppelpaymer are threatening to leak data from LG and Mitsubishi respectively after launching a ransomware attack.4760
CryCyptor ransomware poses as a government-backed COVID-19 Android tracing app to deploy its attack.8800
Ransomware group threatens to auction secrets stolen from a law firm specializing in the entertainment industry.3419
REvil ransomware gang immediately auctioned sensitive data after a card services provider failed to cover their ransom.9502
NCC Group revealed that a ransomware variant is now asking for million dollar ransoms.2466
NetWalker continued to launch ransomware attacks to the healthcare sector during the COVID-19 pandemic.4835
Ransomware gang REvil launched a second attack on an australian drink manufacturer.7693
Kroll’s team says transnational cybercrime groups are launching unemployment fraud schemes in the US.3580