Evolution and rise of the Avaddon Ransomware-as-a-Service

The Avaddon ransomware operators updated their malware after security researchers released a public decryptor in February 2021. The Avaddon ransomware family first appeared in the threat landscape in February 2020, and its authors started offering it with a Ransomware-as-a-Service (RaaS) model in June, 2020. In August 2020, cybersecurity intelligence firm Kela was the first to … Continue reading Evolution and rise of the Avaddon Ransomware-as-a-Service

9 tips to protect your organization against ransomware

Over the past six months, the number of organizations hurt by ransomware shot up by more than 50%, says Check Point Research. Ransomware attacks continue to gain traction among cybercriminals who find them a popular and profitable business, and for a few different reasons. Security vulnerabilities and exploits pave the way for data breaches as … Continue reading 9 tips to protect your organization against ransomware

Black Kingdom Ransomware Hunting Unpatched Microsoft Exchange Servers

More than a week after Microsoft released a one-click mitigation tool to mitigate cyberattacks targeting on-premises Exchange servers, the company disclosed that patches have been applied to 92% of all internet-facing servers affected by the ProxyLogon vulnerabilities. The development, a 43% improvement from the previous week, caps off a whirlwind of espionage and malware campaigns … Continue reading Black Kingdom Ransomware Hunting Unpatched Microsoft Exchange Servers

Sierra Wireless halted production at its manufacturing sites due to ransomware attack

This week, IoT company Sierra Wireless disclosed a ransomware attack that hit its internal IT systems on March 20 and disrupted its production. Sierra Wireless is a Canadian multinational wireless communications equipment designer and manufacturer headquartered in Richmond, British Columbia, Canada. The company sells mobile computing and machine-to-machine (M2M) communications products that work over cellular … Continue reading Sierra Wireless halted production at its manufacturing sites due to ransomware attack

Highest ransom ever

While the beginning of this week was fairly quiet, it definitely ended with a bang as news came out of the largest ransom demand yet. It was revealed at the end of the week that computer maker Acer suffered a REvil ransomware attack where the threat actors are demanding a massive $50,000,000 ransom. REvil also … Continue reading Highest ransom ever