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Insured companies more likely to be ransomware victims, sometimes more than once

by Beck Bailey | May 15, 2023 | RSS

Companies with cyber insurance are more likely to get hit by ransomware, more likely to be attacked multiple times, and more likely to pay ransoms, according to a recent survey of IT decision makers.Back in 2019, fewer than 20% of enterprises suffered repeat...

CLR SqlShell Malware Targets MS SQL Servers for Crypto Mining and Ransomware

by Beck Bailey | May 15, 2023 | RSS

Poorly managed Microsoft SQL (MS SQL) servers are the target of a new campaign that’s designed to propagate a category of malware called CLR SqlShell that ultimately facilitates the deployment of cryptocurrency miners and ransomware. “Similar to web shell,...

Former Ubiquiti Employee Gets 6 Years in Jail for $2 Million Crypto Extortion Case

by Beck Bailey | May 15, 2023 | RSS

A former employee of Ubiquiti has been sentenced to six years in jail after he pleaded guilty to posing as an anonymous hacker and a whistleblower in an attempt to extort almost $2 million worth of cryptocurrency while working at the company. Nickolas Sharp, 37, was...

New Phishing-as-a-Service Platform Lets Cybercriminals Generate Convincing Phishing Pages

by Beck Bailey | May 13, 2023 | RSS

A new phishing-as-a-service (PhaaS or PaaS) platform named Greatness has been leveraged by cybercriminals to target business users of the Microsoft 365 cloud service since at least mid-2022, effectively lowering the bar to entry for phishing attacks. “Greatness,...

XWorm Malware Exploits Follina Vulnerability in New Wave of Attacks

by Beck Bailey | May 12, 2023 | RSS

Cybersecurity researchers have discovered an ongoing phishing campaign that makes use of a unique attack chain to deliver the XWorm malware on targeted systems. Securonix, which is tracking the activity cluster under the name MEME#4CHAN, said some of the attacks have...
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