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A week in security (April 27 – May 3)

Last week on Malwarebytes Labs, we looked at how secure the cloud is, understood why unexpected demand can influence an organization to consider their “just in time” (JIT) system, speculated on why the threat actors behind the Troldesh ransomware suddenly released thousands of decryption keys, preached the good news about VPN being mainstream, touched on the relationship between cybercrime and a … [Read more...]

Why managed service providers (MSP) are critical for business continuity

With the threat landscape becoming more hostile to businesses, small- and medium-sized businesses (SMBs) are often finding it difficult to cope. Hence, they turn to managed service providers (MSPs) for help, not only to keep their businesses going—the concept known as business continuity—but also to offer salve to known pain points that encompass all industries. Short-staffed One of the … [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 week in security (October 28 – November 3)

Last week on Malwarebytes Labs, we celebrated the birth of the Internet 50 years ago, highlighted reports about the US Federal Trade Commission (FTC) filing a case against stalkerware developer Retina-X, issued a PSI on disaster donation scams, looked at the top cybersecurity challenged SMBs face, and provided guidance to journalists on how they can defend themselves against threat … [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...]

Internet Shortcut used in Necurs malspam campaign

The Necurs botnet continues to be one of the most prolific malicious spam distributors, with regular waves of carefully-crafted attachments that are used to download malware. The majority of malspam campaigns that we track are targeting Microsoft Office with documents containing either macros or exploits. We also see a number of other types of malicious attachments that are zipped scripts (.VBS, … [Read more...]