ransomware Archives - Page 2 of 2

cylance

Looking Back: WannaCry and How You Can Prevent Ransomware Infection

WannaCry infections on day 1 via Cyren Last month, a ransomware virus known as “WannaCry” made international headlines by infecting devices in more than 150 countries. In total, over 300,000 Windows-operating computers fell victim to this attack, forced to seek remediation by either being forced to pay a ransom to retrieve their data or relying on their previously backed-up data. This was a unique attack. Oftentimes in this space, we discuss very targeted attacks on specific industries like healthcare and finance. The hackers perpetrating these more targeted campaigns do so for a reason – they’re counting on the element of surprise. They hope there won’t be news coverage of their attack, making it all the more easier to take advantage of the right IT

BAI Security June 13, 2017

Breach

Minimizing the Effects of a Breach: ABCD Pediatrics

Oftentimes, a prominent cyber-attack leaves us wondering why the targeted organization didn’t do more to protect themselves. And sometimes this is a correct response, like in the case of the infamous Yahoo breaches, where so many things could have been done differently to prevent the massive fallout that company has experienced as a result of these attacks. Of course, this isn’t the case with all breaches. An organization can take every appropriate step to protect themselves, yet still be a victim. This doesn’t mean that these efforts were a failure; in a world with rapidly increasing numbers of malware and daily cyber-attacks, managing to ward off any portion of an attack is a win. ABCD Pediatrics, a Texas-based practice, recently

BAI Security April 13, 2017

Video: Interview with HRBoost on Cybersecurity

BAI Security’s President and Chief Technology Officer, Michael Bruck, recently joined Nicole Martin from HRBoost to share how data breaches are of particular interest to the HR world. As we recently discussed, important employee documents – like W2 forms – are a gold mine for attackers. In this video, Michael shares how the threat of cyber attackers and data breaches poses a real risk to organizations in all industries.

BAI Security March 2, 2017

cyber criminals

Cybercriminals Leave Trails

While we think it’s important to profile the crimes of cybercriminals and the threats they pose to organizations of all shapes and sizes, it’s also essential to remind ourselves time and time again that they are people and they do get caught. Previously, we looked at one British man who was caught running an online banking fraud system. Today, we’re going to analyze another banking fraudster who was recently apprehended. Of Fraud and Mules The US Department of Justice announced that Vyacheslav Khaimov pleaded guilty on February 3rd for running an international cybercrime operation which stole $1.2 million from at least 30 victims. The attack involved a sophisticated form of malware which gained access to the victim’s bank accounts. After

BAI Security February 16, 2017

Cybersecurity

The Biggest Threats of 2016 and Predictions for 2017

This year had its share of headline grabbing cybersecurity news. From Yahoo’s many breaches, to new threats in phishing and social engineering, 2016 wasn’t short on new threats. With the year wrapping up, we wanted to take a minute to recap what we saw as the biggest threats of 2016, what to prepare for in 2017 and what you can do right now to protect yourself. The Biggest Cybersecurity Threat of 2016 By far, the most significant cybersecurity threat of 2016 was ransomware. The Kaspersky Security Bulletin 2016 states that the rate of ransomware attacks against businesses increased this year from one every two minutes in January to one every 40 seconds in September. Kaspersky Lab detected 2,900 ransomware variations

BAI Security December 29, 2016

best practices

A New Domino: Ransomware on Social Media

We’ve written a fair amount about the consistent threat ransomware poses to your business, and that’s because it’s a constantly shifting threat worthy of frequent updates. Once you think you have one attack method under wraps, another one pops up. It’s a lot like trying to plug holes in a leaky dam, desperately trying to prevent the whole thing from collapsing. Unfortunately, recent news has raised the specter of a new threat, one which could potentially have wide-reaching effects on your business. Social Media Threats Healthcare Info Security recently reported some less than ideal news: ransomware may have been found on Facebook. Facebook has disputed this claim, but reports are showing that a malicious image file is being spread through

BAI Security December 8, 2018

antivirus

A False Sense of Security: How Antivirus Can Fail

It’s pretty easy to think of computer viruses and malware as someone else’s problem. You hear about big attacks in the news, about the thousands of people who have had their information stolen and the businesses who have suffered mind-numbing losses in revenue. This isn’t something you have to worry about though, right? You know what a phishing link looks like, you avoid suspicious websites and you don’t open strange emails. Unfortunately, taking all the precautions in the world on your own isn’t enough, especially if you lack proper antivirus and malware protection. The odds of avoiding any form of malicious code is just too high – and those odds are only continuing to increase. The Difference Between Viruses and Malware

BAI Security November 3, 2016

Banking

The Year of Ransomware

Ransomware is a threat you’ve probably heard a lot about in 2016. That’s not without good reason – it’s one of the main cybersecurity threats facing businesses today. Though preventative steps do exist, this is still an extremely effective attack method you can’t afford to ignore. One successful attack is all it takes to set your business back drastically. The Method Victims of ransomware receive demands for bitcoins, the volatile virtual currency whose value to real world dollars can rapidly change at any moment, making it even more difficult for a business to secure their data’s release. The standard attack goes like this: Online gangs of cyber criminals remotely encrypt and lock computers, leaving victims with a ransom screen they can’t

BAI Security October 7, 2016