Ransomware Virus

Nearly 85 per cent of organisations were attacked by ransomware at least once in the past 12 months, up from 76 per cent, a report showed on Thursday

A new mobile banking 'Trojan' virus -- SOVA -- which can stealthily encrypt an Android phone for ransom and is hard to uninstall is targeting Indian customers, the country's federal cyber security agency said in its latest advisory. The virus has upgraded to its fifth version after it was first detected in the Indian cyberspace in July, it said. "It has been reported to CERT-In that Indian banking customers are being targeted by a new type of mobile banking malware campaign using SOVA Android Trojan.The first version of this malware appeared for sale in underground markets in September 2021 with the ability to harvest user names and passwords via key logging, stealing cookies and adding false overlays to a range of apps," the advisory said. SOVA, it said, was earlier focusing on countries like the US, Russia and Spain, but in July 2022 it added several other countries, including India, to its list of targets. The latest version of this malware, according to the advisory, hides itse

Industry experts point to a spike in the use of Ransomware as a Service (RaaS), a SaaS-based attack vector. Criminals can buy it on the dark web and needn't know how to code it in order to use it

The data included students' names, schools, dates of birth, gender, CPS identification numbers, state student identification numbers, class schedule information

The Japanese business daily Nikkei reported Tuesday the problem was ransomware

The ransomware attacks on high-profile targets such as corporations, government agencies and municipal organisations globally increased by a whopping 767% from last year

The anonymous hackers behind Maze have made headlines in recent months for publicly holding their victims hostage by threatening to leak company information if the target doesn't pay the ransom

Global cybersecurity firm Kaspersky Security identified three families as the most notorious -- Ryuk, Purga and Stop

Cyber security firms scrambled to understand the scope and impact of the attacks