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Cyber Security

The Week in Ransomware – August 14th 2020 – Crime made easy

Ransomware continues its siege on organizations worldwide, with new variants released every day and attacks continuing to be reported. The biggest news this week is the information about a hacking toolkit that makes it easy for inexperienced hackers to compromise a network and deploy a ransom. Avaddon ransomware is the latest cybercrime operation to launch a data leak site that will be used to publish the stolen data of victims who do not pay a ransom demand. A city in Colorado, USA, forced to pay $45,000 after the City’s devices were encrypted in July, and they were unable to restore necessary files from backup.

Source: https://www.bleepingcomputer.com/news/security/the-week-in-ransomware-august-14th-2020-crime-made-easy/

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