Security Alerts & News
by Tymoteusz A. Góral

#1315 $2.5 million-a-year ransomware-as-a-service ring uncovered
Researchers claim to have found the largest ransomware-as-a-service (RaaS) ring to date. The operation generates an estimated $2.5 million annually and targets computer users with a new variant of the notorious Cerber ransomware.

According to a research report published today by Check Point Software Technologies and IntSights, the RaaS ring consists of 161 active campaigns with eight new campaigns launched daily. For the month of July, it’s estimated that criminals earned closed to $200,000 from victims paying approximately 1 bitcoin ($590) to decrypt files locked by the Cerber ransomware.

“These groups have become increasingly organized and shrewd about how to maintain infections, grow their enterprise, and evade detection,” said Maya Horowitz, threat intelligence group manager with Check Point.
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#1319 Google Chrome, Firefox address bar spoofing vulnerability
#1318 Sage data breach may impact hundreds of business customers
#1317 Privacy lawsuit over Gmail will move forward
#1316 Operation Ghoul: targeted attacks on industrial and engineering organizations
#1315 $2.5 million-a-year ransomware-as-a-service ring uncovered
#1314 FalseCONNECT vulnerability affects software from Apple, Microsoft, Oracle and more
#1313 Easy to carry out, difficult to fight against: Why ransomware is booming in 2016
#1312 LinkedIn sues 100 individuals for scraping user data from the site
#1311 Now data-stealing Marcher Android malware is posing as security update
#1310 VeraCrypt audit under way; email mystery cleared up
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