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
Oldest First  |  Newest First  |  Threaded View
BrianN060
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?
AnupG220
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!


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
Incorporating a Prevention Mindset into Threat Detection and Response
Threat detection and response systems, by definition, are reactive because they have to wait for damage to be done before finding the attack. With a prevention-mindset, security teams can proactively anticipate the attacker's next move, rather than reacting to specific threats or trying to detect the latest techniques in real-time. The report covers areas enterprises should focus on: What positive response looks like. Improving security hygiene. Combining preventive actions with red team efforts.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2022-25878
PUBLISHED: 2022-05-27
The package protobufjs before 6.11.3 are vulnerable to Prototype Pollution which can allow an attacker to add/modify properties of the Object.prototype. This vulnerability can occur in multiple ways: 1. by providing untrusted user input to util.setProperty or to ReflectionObject.setParsedOption ...
CVE-2021-27780
PUBLISHED: 2022-05-27
The software may be vulnerable to both Un-Auth XML interaction and unauthenticated device enrollment.
CVE-2021-27781
PUBLISHED: 2022-05-27
The Master operator may be able to embed script tag in HTML with alert pop-up display cookie.
CVE-2022-1897
PUBLISHED: 2022-05-27
Out-of-bounds Write in GitHub repository vim/vim prior to 8.2.
CVE-2022-20666
PUBLISHED: 2022-05-27
Multiple vulnerabilities in the web-based management interface of Cisco Common Services Platform Collector (CSPC) Software could allow an unauthenticated, remote attacker to conduct a cross-site scripting (XSS) attack against a user of the interface. These vulnerabilities are due to insufficient va...