CyberGate IT

Cyber security expert on new online threat called ‘Reaper’

Reports of a scary new threat to your online security called, Reaper, have come out just in time for Halloween. Robert Jorgensen, a Professor at Utah Valley University, joined Brian Carlson to explain what that means for you. A botnet is a collection of computers or internet connected devices that have been compromised by an … Read more

What is BAD RABBIT? Ransomware paralyzes train stations, airports and media in Russia and Europe

“An advanced cyberattack has hit media outlets and infrastructure in Russia, Ukraine and Eastern Europe, causing mass disruption Cybersecurity researchers from Kaspersky described the malware, dubbed Bad Rabbit, in a blogpost on Tuesday, October 24. They explained how the previously unknown malware takes control of computer systems and encrypts data so that people. Security researchers … Read more

1,200 Football Players’ Personal Data Exposed In NFL Leak — Colin Kaepernick Included

But that’s what has happened, in a data leak from the website of the NFL Players Association that affects as many as 1,135 football players. And hackers may now have access to all that information, a security expert warned Tuesday. Ostensibly, hackers had found the database, attempted to lock it up and demand payment to … Read more

New Locky-Variant Ransomware: What MSPs and MSSPs Need to Know

As an IT professional, you know how relentless ransomware attacks have become in today’s landscape. Recently, a variant of the notorious Locky ransomware has become part of a large-scale email-based campaign managing to slip past the defenses of some unsuspecting companies. On August 9, the first campaign of a massive, worldwide ransomware attack was detected—and … Read more

Ransomware is growing, are you prepared?

The damage caused by global ransomware is predicted to exceed $5 billion in 2017, according to researcher Cybersecurity Ventures. Up from $325 million in 2015, the costs represent not just the amount of the ransom, but also the costs of downtime and lost productivity. Ransomware is any type of malicious software that infects a computer … Read more

Destruction of service: How ransomware attacks have changed

The latest wave of ransomware attacks, including WannaCry, Petya and NotPetya, show not only an increase in sophistication of these types of attack, but also a change in motivation. Although NotPetya is ostensibly a ransomware variant, the threat actors appeared to have no interest in making money, and were more concerned about damaging companies by … Read more

RANSOMWARE ATTACKS RISE 250 PERCENT IN 2017, HITTING U.S. HARDEST

“Mobile ransomware has risen by over 250 percent during the first few months of 2017, according to a report Monday by the security firm Kaspersky. The publication of the cybersecurity statistics, which revealed that the U.S. is the country worst affected by the issue, comes as experts warn of a ransomware epidemic in the wake … Read more

Google Warns Ransomware Boom Scored Crooks $2 Million A Month

“As the ransomware scourge calms down for the summer holidays, Google has taken a retrospective at that particular pesky form of cybercrime, finding it only become massively profitable in the last year and a half. That was largely thanks to two forms of ransomware, Locky and Cerber. They’re the illicit market’s kingpins that really came … Read more

Cisco Security Report: 34% of Service Providers Lost Revenue from Attacks

“A new type of security threat — “destruction of service” (DeOS) attacks, which could eliminate companies’ backups and safety nets — could cause way more damage to businesses than ransomware. This is according to Cisco’s 2017 Midyear Cybersecurity Report in which the company coined the term DeOS attack. The report says the Internet of Things … Read more