Ransomware..again
The good news; the first quarter of the year saw a decline in ransomware activity. The bad news; that's only because attackers are getting better at selecting their victims. "We first saw them use ransomware to extract small payments from millions of individual victims. Today, we see Ransomware as a Service supporting many players in these illicit schemes holding organizations hostage and extorting massive sums for the criminals," McAfee said in its June Threats Report.
Cyber criminals are just like burglars; once they've attacked a target successfully, they're very likely to return for a second bite. Cybereason found (R) 80% of organisations that chose to pay a ransom were hit by a second attack, almost half of them from the same group. The survey also suggests it's not uncommon for businesses to close down following a ransomware attack. In the UK, it puts that figure at 34%.
Threatening to publish stolen data is now commonplace, but one group has gone further in its efforts to pressurise ransomware victims into paying up. The Market is emailing competitor companies to offer samples of stolen information and try to scare their victims into handing over the ransom. Bleeping Computer