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CATEGORY ARCHIVES: ransomware-attack

WHEN RANSOMWARE HITS CLOSE TO HOME

Last Friday’s family dinner started like any other. My grandmother stealthily running around the kitchen adding some finishing touches to her amazing dishes, while her children and grandchildren gradually arrive. Meeting once a week (or two) for a Friday dinner is customary for traditional Israeli families (and let’s face it, Israel is so small that no matter where you live – it’s still no more than a few-hour drive from your family). As we started moving delicious-smelling food from the kitchen to the dining room, my family asked me excitedly (and a bit worriedly) – “Did you hear about the Shirbit cyber attack? They got attacked with a ransom malware, have you heard of those?”.

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RANSOMWARE THREATENS TO SHUT DOWN ONLINE LEARNING – AT ENORMOUS COSTS

Universities have become a popular target for ransomware attacks, so much so that earlier this year, three universities fell victim to a ransomware attack in the same week. With the urgency of shifting to online learning, many education institutions have found themselves extremely ill prepared in the face of cyber attacks. Distance learning has massively opened up a huge attack surface - we are using unhardened collaboration applications like Zoom and at the same time, machines are now remote, removing control over updating and patching from the organization, says Andrew Homer, vice president of security strategy at Morphisec. Yet cybercriminals aren’t getting any slower at deploying attacks, and higher education has become one of the most targeted industries for ransomware attacks over the last few years.

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RANSOMWARE NEWS JUST KEEPS ON COMING

Less than three weeks have passed since we released our ransomware-themed newsletter to our subscribers, and we’ve already come across endless new headlines about big-name ransomware attacks. And we all know - when the attacks are big, the ransom prices are high!

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Learning from the Honda Ransomware Attack

 

The Japanese manufacturing giant revealed that it had been hit with ransomware on Monday June 8, 2020, forcing it to shut down a number of manufacturing facilities and disrupting its global operations. Honda was left with no choice but to halt operations in Japan, North America, the U.K., Turkey and Italy. Furthermore, the ransomware attack caused disruptions to the company’s customer service and financial services.

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US Secret Service Warns Surge in Ransomware Attacks Targeting MSPs

 

Managed Service Providers (MSPs) seem to be a huge target for ransomware lately. MSPs in both government and the private sector have been under attack, causing the U.S. Secret Service to issue a special warning about this phenomenon.

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3 US Universities Hit with Ransomware in Same Week

The beginning of June saw a sudden surge in University-targeting ransomware attacks. Michigan State University, UCSF and Colombia College were all hit with ransomware from the NetWalker family within the same week. While each institution dealt with their network’s compromise differently, this “University Ransomware Week” was certainly eye-opening for higher education institutions who may need to rethink the security solutions and measures they have implemented.

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