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Cyber Security

The Week in Ransomware – September 25th 2020 – A Modern-Day Gold Rush

This week showed continued attacks against large organizations as new ransomware operations rush to join a modern-day ransomware gold rush. An insurance company’s security scans have reduced their ransomware claims by 65%. A new ransomware called Egregor uses a random extension and drops a ransom note named RECOVER-FILES.txt. Mount Locker has been operating since the end of July and demanding multi-million dollar ransoms. An attempt by Eastern European hackers to gain entry into the city’s computer system was nearly successful, according to city officials.

Source: https://www.bleepingcomputer.com/news/security/the-week-in-ransomware-september-25th-2020-a-modern-day-gold-rush/

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