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A week in security (January 20 – 26)

Last week on Malwarebytes Labs, we reported on a Ryuk ransomware attack on The Tampa Bay Times, a newspaper in Florida; unmasked an elaborate browser locking scheme behind the more advanced tech support operations that are currently active; and looked at the latest laws on regulating deepfakes. Other cybersecurity news Cisco’s Talos Intelligence Group discovered a new data stealer and … [Read more...]

Tampa Bay Times hit with Ryuk ransomware attack

Florida newspaper The Tampa Bay Times suffered a Ryuk ransomware attack Thursday, making it the latest major victim of the notorious ransomware family that continues to rise in popularity. Curiously, the paper is at least the third Florida-based Ryuk victim in the past year. The attack, which The Tampa Bay Times reported on itself, did not result in any breached data. Sensitive customer … [Read more...]

Travelex falls victim to Sodinokibi ransomware attack

Travelex, a foreign exchange company with headquarters in London, has been hit by a ransomware attack, forcing it to shut down all computer systems across its 1,500 branches. Although the organisation said no personal data has been compromised, the criminal hackers behind the attack claimed to have acquired more than 5GB of personal data, including dates of birth, payment card information and … [Read more...]

A week in security (January 6 – 12)

Last week on Malwarebytes Labs, we told readers how to check the safety of websites and their related files, explored the shady behavior taking place within the billion-dollar search industry, broke down the top six ways that hackers target retail businesses, and put a spotlight on the ransomware family Phobos. We also broke a major new story when we discovered that a government-subsidized … [Read more...]

Threat spotlight: Phobos ransomware lives up to its name

Ransomware has struck dead on organizations since it became a mainstream tool in cybercriminals’ belts years ago. From massive WannaCry outbreaks in 2017 to industry-focused attacks by Ryuk in 2019, ransomware’s got its hooks in global businesses and shows no signs of stopping. That includes a malware family known as Phobos ransomware, named after the Greek god of fear. Phobos is … [Read more...]

A decade in cybersecurity fails: the top breaches, threats, and ‘whoopsies’ of the 2010s

This post was co-authored by Wendy Zamora and Chris Boyd. All opinions expressed belong to your mom. Back in the days before climate change stretched frigid winter months directly into the insta-sweat of summer, there was a saying about March: in like a lamb, out like a lion. The same might be said about the last decade in cybersecurity fails. What kicked off with a handful of stories about … [Read more...]

How does ransomware infect organisations?

Ransomware has become one of the most infamous types of cyber crime in recent years, with security professionals and the public alike fearing the prospect of attack.  But although many of us broadly understand how ransomware works – computers are infected with malware, locking users out of their files until they make a payment – there is little in-depth knowledge about why the attacks are so … [Read more...]

A week in security (November 18 – 24)

Last week on Malwarebytes Labs, we looked at stalkerware’s legal enforcement problem, announced our cooperation with other security vendors and advocacy groups to launch Coalition Against Stalkerware, published our fall 2019 review of exploit kits, looked at how Deepfake on LinkedIn makes for malign interference campaigns, rounded up our knowledge about the Disney+ security and service issues, … [Read more...]

SMBs lack resources to defend against cyberattacks, plus pay more in the aftermath

Cyberattacks, many have noted, are the fastest growing economic crime not only in the United States, but also around the world. This upward trend has been observed since 2014, according to PricewaterhouseCoopers (PwC), and won’t likely be slowing down anytime soon. Cyberattacks—much like the advancement of technology, the interweaving of digital lives among familiars and strangers via social … [Read more...]

A week in security (October 14 – 20)

Last week on Malwarebytes Labs, we tried to unlock the future of the password (its vulnerabilities, current alternatives, and possible future disappearance), analyzed the lagging response by many businesses in adopting a patch for Pulse VPN vulnerability, looked at Instagram’s bulked-up security against phishing emails scams, and were reminded that ransomware remains a dominant threat facing … [Read more...]