Updated Ransomware Plays Hide and Seek

Cerber is one of the more popular variations of ransomware. A new version has been detected, and it has a few new tricks up its sleeve.

The latest version of Cerber extracts itself from a hacker-owned Dropbox account. The self-extraction makes it look safe to machine-learning tools, which is one way it avoids detection. It also checks to see if it’s installing itself onto a virtual machine, which cybersecurity companies use to detect and study malware. If Cerber sees that it is being installed on a virtual machine, it stops the installation, making it harder for the good guys to fight it.

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Cybercrime’s Next Target

The good news: cyberattacks on healthcare organizations have dropped. The bad news: cybercriminals have a new target.

The information comes from figures released from IBM’s X-Force Thread Intelligence Index, which shows that healthcare cyberattacks peaked in 2015. It’s still a major target, but as larger organizations are increasing their security, attacks have turned to smaller ones. There are still a lot of attacks, but because smaller organizations are being hit, the number of compromised records from 88% from 2015 to 2016. (Though, to be fair, hackers hit a pretty big payload with the 80 million breached records in one massive attack on Anthem.)

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Work Email More Dangerous than Personal Email

An analysis over more than a billion emails yielded some interesting stats when comparing work email versus personal email.

The numbers, compiled and reported by Google Research, show that work email is much more prone to hacking attempts, which makes sense.  A compromised work email account can yield a lot more money than a personal account can.

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Deadly Ransomware

Ransomware has become a household name over the last two years by victimizing not only PC users, but small businesses, as well – most notably financial and medical institutions – by holding data and files hostage in order to blackmail their marks into paying millions of dollars in ransoms.

If you are not, however, familiar with ransomware, then it is time that you get acquainted with it because the ransomware of our near future may not just impact your bank account, but the health of you and your loved ones, as well.

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Regulation Ripples from Across the Pond

This blog is re-posted with the permission of Craig Petronella

The Ripples Are Moving Across the Pond. Will You Be Ready for Regulations?

When you think of American money, where do you think of? A mattress stuffed full of dollar bills? Your local bank? Fort Knox? Of course not. When people think of American money they think of New York City. From the billions of dollars held by banks like Goldman Sachs to the all the money Americans all over the country have invested on Wall Street, New York City is the heart of America’s finances. And that makes it the heart of the world’s finances.

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