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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. LockFile ransomware gang started its operations last month, recently it was spotted targeting Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

8Base ransomware operators were observed using a variant of the Phobos ransomware in a recent wave of attacks. Cisco Talos researchers observed 8Base ransomware operators using a variant of the Phobos ransomware in recent attacks. The ransomware component is then decrypted and loaded into the SmokeLoader process’ memory.

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New LockFile ransomware gang uses ProxyShell and PetitPotam exploits

Security Affairs

A new ransomware gang named LockFile targets Microsoft Exchange servers exploiting the recently disclosed ProxyShell vulnerabilities. A new ransomware gang named LockFile targets Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities. “The LockFile ransomware was first observed on the network of a U.S.

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Experts warn of a spike in May and June of 8Base ransomware attacks

Security Affairs

Researchers warn of a massive spike in May and June 2023 of the activity associated with the ransomware group named 8Base. VMware Carbon Black researchers observed an intensification of the activity associated with a stealthy ransomware group named 8Base. and Brazil. ” reported NCC.

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Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

Hunton Privacy

Covered entities must implement a written policy requiring industry-standard encryption to protect nonpublic information held or transmitted by the covered entity both in transit over external networks and at rest. The risk assessments required by Section 500.9 A covered entity’s incident response plan, as required by Section 500.16

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UK Suffers Third Highest Rate of Ransomware Attacks in the World

IT Governance

UK organisations suffer the third highest rate of ransomware attacks globally, with small businesses most at risk, a report by NordLocker has found. The other most vulnerable sectors were business services (23), construction (22), manufacturing (19) and transport (18). What else should organisations do?