Security researchers discovered a strain of ransomware called Locky that uses AES encryption to encrypt local files and files on network shares. Security researchers have discovered a new piece of ransomware called Locky, which uses AES encryption algorithm to encrypt both local files and files on network shares, even if they are unmapped. Security experts […]
Cyber criminals demanded $3.6M after a ransomware-based attack takes offline the systems at the Hollywood Presbyterian Medical Center. In the “2016 Cyber Security Predictions: From Extortion to Nation-state Attacks” I published at the end of 2015 I have predicted the criminal practices of the extortion will reach levels never seen before. “Cyber criminals will use […]
Experts at Symantec detected Lockdroid a new piece of Android ransomware capable of locking devices and fully wiping user data via factory resets. A new strain of ransomware called Lockdroid (Android.Lockdroid.E) is threatening Android users. The mobile ransomware has been detected by experts at Symantec, it is able to lock the device, change the PINs, […]
The Turkish security researcher Utku Sen was blackmailed by hackers behind the Magic ransomware to close his projects. The developers behind the open source-based âMagicâ ransomware are blackmailing the creator of Hidden Tear and EDA2 in order to force the developer to abandon the projects. Recently I have written about the RANSOM_CRYPTEAR.B ransomware developed Utku Sen starting from a proof-of-concept […]
The victims of the infamous TeslaCrypt ransomware can now rejoice, there is a free tool to decrypt files encrypted by TeslaCrypt and TeslaCrypt 2.0 TeslaCrypt is one of the most insidious ransomware first detected in the wild in 2015, today I have a good news for its victims. TeslaCrypt was first detected in February 2015, the […]
The latest variant of CryptoWall 4.0, one of the most popular and dangerous ransomware threats, has been recently added to the infamous Angler Exploit Kit. In my 2016 Cyber Security Predictions, I have predicted the criminal practices of the extortion will reach levels never seen before. Cyber criminals will threaten victims with ransomware and DDoS attack in […]
Faulty ransomware derived from  an open source ransomware project makes files unrecoverable due to a serious coding error. The story I’m gong to tell you is incredible, a cyber criminal gang has developed a very singular ransomware called RANSOM_CRYPTEAR.B and now I’ll tell you why? According to the experts at TrendMicro, the Ransomware has built starting from […]
The Europol announced the arrest of two individuals suspected of being tied to the DD4BC criminal group specialized in extortion activities. According to a press statement issued by the Europol, in December a joint operation of law enforcement from Austria, Bosnia and Herzegovina, Germany, and the U.K. allowed the identification and the arrest of two […]
According to Kaspersky Lab, bad actors in the Russian underground have stolen more than $790 Million over 3 years, from 2012 to 2015. According to the experts at Kaspersky Lab, Russian criminal rings have stole roughly $790 Million over 3 years (from 2012 to 2015), more than $500 million of that is from victims located outside the […]
ProtonMail has paid a $6000 Ransom to stop prolonged DDoS attacks that knocked its services offline since Tuesday. Unfortunately, the attacks are continuing. The popular encrypted email service ProtonMail has suffered a prolonged major DDoS attack that knocked it offline since Tuesday. It was an extortion attempt, the attackers requested a ransom in order to stop the […]