This article was originally published onāÆfrankonfraud.com. Beginning in late 2021 and continuing late into 2022, a globally active, extortion-focused cyber threat actor group called Lapsus$ attacked dozens of well-known companies and government agencies around the world. It penetrated corporate networks, stole source code, and then demanded ransoms. In a newly released report by the US […]
Encryption Isnāt Your Only Ransomware Problem – There Are Some Other Nasty Issues
RansomwareĀ has become one of the most dreaded problems in the cyber world and itās only getting worse. Much worse! Traditionally, ransomware was a trojan horse malware program which when it found a new host computer simply went off, encrypted all the data it could find, and sent the user an onscreen message to pay a […]
Mitigating the Risks of Ransomware Payments
If this year taught us anything, it is that we do not really know what is going to happen next. We heard about COVID-19 and then our entire way of life changed overnight. Some financial institutions were better prepared than others. Ā For example, those who had employees working remotely when the pandemic hit, were positioned […]