Advanced Threats August 17, 2021

Analysis of Diavol ransomware reveals possible link to TrickBot gang

7 min read - Ransomware has become the number one cyber threat to organizations, making up nearly 25% of attacks IBM X-Force Incident Response remediated in 2020. Ransomware is making headlines on a regular basis due to the high impact of certain attacks on…

News August 17, 2021

U.S. Names Ransomware Attacks a Similar Priority to Terrorism

2 min read - At the beginning of May, a U.S. pipeline company suffered a ransomware attack. The company halted operations for several days, causing a spike in gas prices and localized fuel shortages. It also decided to meet the threat actors’ demands of…

Data Protection August 13, 2021

Ransomware Attacks: How to Protect your Data With Encryption

3 min read - Cybercriminals are making headlines using ransomware to block organizations from accessing their own critical business data to extort ransoms. In 2021, ransomware has become a pervasive, newsworthy topic that competes as a major national security issue. In the last year…

News August 6, 2021

Ransomware Costs Expected to Reach $265 Billion by 2031

2 min read - Think ransomware is expensive now? It’s not predicted to get any cheaper over the next decade. Ransoms could cost victims a collective total of $265 billion by 2031. The estimate is based on the prediction that the price tag will…

Software Vulnerabilities July 29, 2021

July 2021 Security Intelligence Roundup: Ransomware, Security by Design and How to Analyze in Windows With Frida

3 min read - Getting and staying ahead of threat actors means knowing the cybersecurity landscape. Today, that still often means ransomware and changing the ways and places we work. July’s top stories include a supply chain attack from the REvil ransomware gang and…

Incident Response July 26, 2021

Double Encryption: When Ransomware Recovery Gets Complicated

4 min read - Ever hear of double extortion? It’s a technique increasingly employed by ransomware attackers. A malware payload steals a victim’s plaintext information before launching its encryption routine. Those operating the ransomware then go on to demand two ransoms — one for…

Incident Response July 21, 2021

This chat is being recorded: Egregor ransomware negotiations uncovered

8 min read - Ransomware attacks are topping the charts as the most common attack type to target organizations with a constant drumbeat of attacks impacting industries across the board. In fact, IBM Security X-Force has seen a more than 10% increase in ransomware…

Zero Trust July 21, 2021

Beyond Ransomware: Four Threats Facing Companies Today

4 min read - The recent DarkSide attack makes it clear: no system is safe from ransomware. And while the attackers say they weren’t out to hurt anyone, only to make money, the impact is the same. It could lead to potential disruptions of…

Advanced Threats July 16, 2021

Cyber Insurers Might Be Making the Ransomware Problem Worse

4 min read - In mid-May, one of the largest insurance companies in the U.S. paid $40 million to ransomware attackers. Two people familiar with the matter told Bloomberg that the malicious actors stole an undisclosed quantity of data and then effectively locked the…

Malware July 7, 2021

REvil Ransomware Gang Launches Major Supply Chain Attack Through Kaseya

6 min read - On July 2, 2021, Kaseya customers were notified of a compromise affecting the company’s VSA product in a way that poisoned the product’s update mechanism with malicious code. VSA is a remote monitoring and management tool for networks and endpoints…