Displaying items by tag: WastedLocker

Cyber security firm Sophos says there has been significant worldwide growth of MSP Connect, its program for MSPs to expand market opportunities and revenue streams with its portfolio of solutions and services.

The tactics employed by cyber criminals who deploy Windows ransomware on systems for monetary gain have changed over the last 10 months in order to evade detection by endpoint security that has improved markedly, a researcher from the global security firm Sophos claims.

The new kid on the Windows ransomware block, WastedLocker, may be causing foreheads to wrinkle over at companies that fear attacks from this genre of malware, but it has given security firms, like global operator Sophos and Russian company Kaspersky, plenty of meat for its researchers to sink their teeth into.

There has been a marked increase in use of the crypto-ransomware WastedLocker in the first six months of 2020, the Russian security firm Kaspersky claims, with the most recent use being against wearable technology specialist Garmin.

GPS and wearable technology specialist Garmin has been hit by an outage and there are suspicions that this may be due to a Windows ransomware attack.

A well-known security researcher has pointed out a major flaw in an article about hacking published by the Australian Financial Review on 26 June: its over-eagerness in attributing attacks, when that is the toughest part of a threat analyst's job.