Tag: ransomware

Web-hosting firm agrees to pay over $1 million to ransomware extortionists

June 20, 2017

Nayana, a South Korean web hosting firm, was hit hard by a ransomware attack earlier this month which hit over 153 of its Linux servers, and impacting over 3,400 websites the company hosts for its business customers. Nayana’s systems are thought to have been hit by a Linux variant of the Erebus ransomware, designed to … More Web-hosting firm agrees to pay over $1 million to ransomware extortionists

Botnets overshadowed by ransomware (in media)

June 7, 2017

Regardless of how intensively the topic of ransomware is currently trending, it is not the most dangerous form of malware. Recently, the much-reported WannaCry ransomware took media by storm, however, it received considerably more coverage than it did harm, and it overshadowed other internet threats. More dangerous than ransomware is a malware capable of taking … More Botnets overshadowed by ransomware (in media)

Trends 2017: Fewer vulnerabilities are being reported, but are we any safer?

June 7, 2017

The rapid global spread of technology, and the increasingly numerous types of interconnected devices routinely used, have greatly increased the number of attack vectors available to cybercriminals. This is why the exploitation of vulnerabilities is still one of our major concerns when it comes to corporate security incidents around the globe. For more detail, check out … More Trends 2017: Fewer vulnerabilities are being reported, but are we any safer?

$8 trillion ‘to be lost to cybercrime in next 5 years’

June 1, 2017

Businesses are set lose $8 trillion to cybercrime over the course of the next five years, according to a new report. Juniper Research found that enterprises around the world are more at risk due to even greater levels of internet connectivity, as well as “inadequate enterprise wide security”. The paper, titled The Future of Cybercrime … More $8 trillion ‘to be lost to cybercrime in next 5 years’