Ransomware

Xwo Malware, A Powerful Cyber Espionage Tool

Xwo, a newly revealed web service vulnerability scanning malware discovered by Alien Labs, a subsidiary of AT&T, was named after the very dropper which serves as it propagating module with a file named xwo.exe. Unlike a typical ransomware that immediately issues an encryption process against the user files, Xwo was more of a monitoring-type kind

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Ransomware In The Nutshell: What is Ransomware?

In this article, we give you a brief review of what is ransomware, the headache of all system administrators and people who work in IT support for years. Ransomware is a favorite cash cow of cyber criminals (aside from phishing), as reflected by how WannaCry, world-infamous ransomware which earned $4 billion for its authors. As

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Beijing Internal Network Also A Victim Of Ransomware

Beijing is the favorite whipping boy of the Western powers when it comes to being accused of abusing its citizens, causing harm for the rest of the world through its espionage campaigns and maintaining its own army of blackhat elite hackers. However, the reality is China is as vulnerable a country to typical cyber attacks

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Zurich Insurance Group Refuses to Pay A Ransomware Victim

Any company that became a victim of ransomware has many expenses to expect. First in the list is the cost of the ransom payment demanded by the ransomware author. Companies with no reliable backup system in place that can recreate the lost data have no other choice but to hire professionals to rebuild the lost

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Big Corporation Gets Ransomware—Is Lack Of Caution To Blame?

It’s really terrible when an ordinary person gets hit by ransomware. Our daily lives have become dependent on our use of PCs and mobile smartphones—especially those iPhones. Imagine checking your prized device for the most recent update on your life, your work, your emails, your socials, your images, your contacts, your financial details, your calendar,

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This Is How Security Needs To Evolve For The Snapchat Generation

You may be sick of hearing about Millennials. Heck, most Millennials are sick of hearing about Millennials—and many resent being lumped into one massive, stereotyped group. It was no different for the Gen Xers who came before them. But there’s a reason why those stereotypes exist—and there are distinct differences among the generations. Next up

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SamSam Ransomware Is The New Kid On The Block With The Worst Reputation

The reality of ransomware has skyrocketed in the past year, raking in millions upon millions of dollars for crafty hackers and their criminal syndicates, all of whom appear to have created the golden goose of malware. In a recent blog post, Sophos revealed that WannaCry’s spiritual successor, SamSam Ransomware, has now pulled in $5.9 million

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Why SamSam Ransomware Is The Goose Who Laid The Golden Egg

In the past year, ransomware has raked in millions for cybercriminals and their syndicates who both appear to have created the golden goose of malware.Sophos, with their blog post, has announced that WannaCry’s spiritual successor, SamSam ransomware has made $5.9 million in profit. The line chart above supplied by Sophos details the profit episodes of

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Don’t Forget These 4 Tips To Stop A Ransomware Infection In Its Tracks

Fourteen months after WannaCry has been introduced to the world, we continue to hear new stories of companies falling for its derivatives and seems like there is no end to the scourge. One way or another firms realize that the installation of an antivirus software is no longer sufficient. Employees make or break the corporate

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