Ransomware-as-a-Service news stories

Zscaler's annual ThreatLabz Ransomware Report reveals the healthcare and restaurant and food service industries had the biggest jumps in ransomware attacks.

Just when we all thought COVID-19 couldn’t possibly make the cyber risk environment any worse, 2021 brought us a supply chain shock induced by the global pandemic.

Critical to every organisation is how to stop a cyber-security breach AND the damage it causes and do so within available budgets.

The gravitational force of ransomware's black hole is pulling in other cyberthreats to form one massive, interconnected ransomware delivery system with significant implications for IT security.

Given the lucrative activity of RaaS we are likely to see them reappear in the near future. The battle against ransomware is far from over.

Speaking about the two ransomware types, Sophos says it's not a simple case of rebranding.

Organisations that are heavily or entirely reliant on Microsoft infrastructure, services and applications can take several steps to shore up their security.

In this case study, Darktrace explains how it detected the first signs of ransomware on the network 'as soon as encryption had begun'.

Attacks are driven largely by the emergence of Ransomware as a Service gangs that are cashing in on critical infrastructure organisations. 

"This trend of ransomware-as-a-service is continuing to evolve and cybersecurity providers need to stay ahead of the risk."

McAfee has released its latest cybersecurity report analysing cybercriminal activity related to malware and cyber threats in the first quarter of 2021. 

New ransomware Epsilon Red has been found by Sophos researchers who detail the tools, techniques, procedures, and behaviour of the attackers behind it.

Accenture’s latest research defined four key risks: Supply chain attacks, cyber-fraud, insider threats and extortion and ransomware.

Zscaler has announced its new Ransomware Report highlighting the most prolific ransomware actors, their attack tactics, and the industries being targeted.

Ransomware attacks have seen 102% increase this year compared to the beginning of 2020, and there are no signs of it slowing down.

Many significant cybersecurity events have occurred since the year 2000 — not every one of them ‘firsts’, but all of them correlating with a change in security behaviour or protection.

Discoveries made by analysts at Sophos have unearthed a new development: ransomware code appears to have been shared across ‘families’, and some of the ransomware groups seemed to work in collaboration more than in competition with one another. 

Until recently, most ransomware attacks have been automated affairs. But things are changing, writes Attivo Networks regional director for A/NZ Jim Cook.

"Dharma is fast-food franchise ransomware: widely and easily available to just about anyone,” says a Sophos threat researcher.

Trend Micro discovered a 10% increase in ransomware detections, despite a 57% decrease in the number of new ransomware families. 

Recorded Future's Allan Liska looks at the past big ransomware attacks thus far to predict what's coming this year.

Ransomware has evolved to be more sophisticated and targeted, and remains a threat to businesses of all sizes.

These packages allow individuals with little technical skill, to attack businesses and individuals with relative ease.