eWeek: The True Cost of Ransomware is Much More Than Just the Ransom

eWeek: The True Cost of Ransomware is Much More Than Just the Ransom. “In a ransomware attack, an attacker is able to install malware that encrypts data on a victim’s system. The victimized system will then have a message on it, instructing the user to pay the ransom, in order to decrypt the data. While ransom payments are a core part of the ransomware model, they are likely the smallest financial component in terms of the actual impact that organizations face in the aftermath of an attack.”

Wordfence: Ransomware Targeting WordPress – An Emerging Threat

Wordfence: Ransomware Targeting WordPress – An Emerging Threat . “Recently, the Wordfence team has seen ransomware being used in attacks targeting WordPress. We are currently tracking a ransomware variant we are calling ‘EV ransomware.’ The following post describes what this ransomware does and how to protect yourself from being hit by this attack.”

Wired: Biohackers Encoded Malware In A Strand Of DNA

Wired: Biohackers Encoded Malware In A Strand Of DNA. “WHEN BIOLOGISTS SYNTHESIZE DNA, they take pains not to create or spread a dangerous stretch of genetic code that could be used to create a toxin or, worse, an infectious disease. But one group of biohackers has demonstrated how DNA can carry a less expected threat—one designed to infect not humans nor animals but computers.” Little Bobby Ribosomes…

Ars Technica: Researchers report >4,000 apps that secretly record audio and steal logs

Ars Technica: Researchers report >4,000 apps that secretly record audio and steal logs. “A single threat actor has aggressively bombarded Android users with more than 4,000 spyware apps since February, and in at least three cases the actor snuck the apps into Google’s official Play Market, security researchers said Thursday.”

CNET: Ransomware shuts down 1 in 5 small businesses after it hits

CNET: Ransomware shuts down 1 in 5 small businesses after it hits. “When it comes to ransomware, it only takes one person to cripple the kingdom. That’s the assessment of cybersecurity company Malwarebytes, which has found as many as one third of small-to-medium-sized businesses were hit by ransomware last year, and that ‘the human factor’ is increasingly behind large-scale outages.”

Cyberscoop: New tool can help prevent government-mandated backdoors in software, Swiss researchers say

Cyberscoop: New tool can help prevent government-mandated backdoors in software, Swiss researchers say. “A new framework from a lab in Switzerland could help prevent malware like Petya from spreading, but would also make it difficult — if not impossible — for governments to force software companies to deliver backdoored software updates in secret.”