Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Comments
Ransomware Detections Up 90% for Businesses in 2017
Newest First  |  Oldest First  |  Threaded View
AnupG220
50%
50%
AnupG220,
User Rank: Author
1/28/2018 | 8:40:53 PM
Stockpiling BItcoin for ransomware attacks
Funny how we all used to shake our colletive heads at the companies that would stockpile bitcoin in case they got hit with a ransomware attack. Now it looks like they made a smart investment if they were stockpiling for some time. Hopefully they didn't need to pay up!
BrianN060
50%
50%
BrianN060,
User Rank: Ninja
1/25/2018 | 4:49:44 PM
What's the score? II
"Attackers started leveraging cryptocurrency mining for financial gain and using victims' system resources to mine currencies. Tactics include..."

You can add: disguising as ransomware. 

Cryptocurrency isn't the only means of processing a ransomware payoff; but the advantages are obvious.  Also obvious is that the proliferation of ransomware strains, attacks and attackers coincides with the emergence of cryptocurrencies. 

That a successful RW attack requires the same sort of unauthorized requisition of the victim's computing device's resources, as would enable cryptocurrency mining, is obvious, as well. 

In both cases, the characteristics and availability of cryptocurrency provide an unprecedented opportunity for cybercriminals. 

When you tally the costs of cybercrimes, where cryptocurrency provides a game-changing level of means, motive and opportunity, don't stop at the costs in RW payouts, or any of the costs to businesses which might be covered by insurance, but by the cost of that insurance - and all the other costs in money, resources, talent and attention that have increased as a result. 

Draw up a society-wide balance sheet, put the costs on one side, and the benefits of cryptocurrency on the other.  Then ask: What's the score?


Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
How Enterprises Are Assessing Cybersecurity Risk in Today's Environment
The adoption of cloud services spurred by the COVID-19 pandemic has resulted in pressure on cyber-risk professionals to focus on vulnerabilities and new exposures that stem from pandemic-driven changes. Many cybersecurity pros expect fundamental, long-term changes to their organization's computing and data security due to the shift to more remote work and accelerated cloud adoption. Download this report from Dark Reading to learn more about their challenges and concerns.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-44121
PUBLISHED: 2022-01-27
** REJECT ** DO NOT USE THIS CANDIDATE NUMBER. ConsultIDs: none. Reason: This candidate was withdrawn by its CNA. Further investigation showed that it was not a security issue. Notes: none.
CVE-2022-0372
PUBLISHED: 2022-01-27
Cross-site Scripting (XSS) - Stored in Packagist bytefury/crater prior to 6.0.2.
CVE-2022-0370
PUBLISHED: 2022-01-27
Cross-site Scripting (XSS) - Stored in Packagist remdex/livehelperchat prior to 3.93v.
CVE-2022-0387
PUBLISHED: 2022-01-27
Cross-site Scripting (XSS) - Stored in Packagist remdex/livehelperchat prior to 3.93v.
CVE-2022-22828
PUBLISHED: 2022-01-27
An insecure direct object reference for the file-download URL in Synametrics SynaMan before 5.0 allows a remote attacker to access unshared files via a modified base64-encoded filename string.