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All about Virtualization and Cloud Security | Recent Articles:

Latest Verizon Data Breach Report Shows Cyber Espionage and Ransomware Attacks on the Rise

May 29 by Bogdan Botezatu

The latest data breach report from Verizon is out, and if you’re looking for good news about the cyber security landscape you might be disappointed.

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Wormable ransomware strain uses freshly leaked exploit to encrypt data

May 12 by Bogdan Botezatu

Update 5/13/3017: Yesterday evening the WannaCryptor (WannaCry) ransomware family infected thousands of computers across the world. In just 24 hours, the number of infections has spiked to 185,000 machines in more than 100 countries. Analysis of the Bitcoin wallets hardcoded into the samples show that the group behind WannaCryptor managed to extort roughly $US 25,000 worth of Bitcoin.

 

A new family of ransomware called WannaCryptor has started targeting businesses in more than 70 countries around the world. Hospitals, telelcom companies or gas and utilities plants are just some of the verticals that suffered massive disruptions caused by data being held at ransom.

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