Microsoft has issued a warning about the growing threat posed by human-operated ransomware in the ransomware-as-a-service (RaaS) gig economy. It has also provided some guidance for organizations.
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Microsoft has published its annual Digital Defense Report, highlighting that nation-state actors from Russia pose the biggest threat to foreign governments, such as the United States.
A ransomware development kit from China allows anyone interested to customize their own ransomware for Android. Coding skills are not necessary, only requiring the user to fill out a form.
According to a recent study by Google, Chainanalysis, and two universities, ransomware victims have paid out over $25 million dollars over the past two years in hopes of getting their files decrypted.
The ever-growing assortment of ransomware-as-a-service threats has gotten a new member in the shape of Hidden Tear-based "Karmen". It can be purchased on the black market for $175.
Security experts are foreseeing ransomware to further explode in the coming year, bringing with it more dangerous features like being able to easily spread from one computer to another.
A new variant of the Petya ransomware has recently surfaced, called 'GoldenEye.' The program exploits macros and manipulates the boot process to further convince victims to pay up.
A report by a security firm recently explored the recent trends when it comes to the Cerber ransomware. It has discovered that the developers and affiliates earn almost $1 million per year in profit.
The developers behind the Petya and Mischa ransomware have recently opened their cybercrime program to the public, allowing anyone to join them and further spread the program for a profit.