CyberSecurity Updates

While no official statement has been released as to how the malware variants are spreading, it can be assumed that these are likely spreading through phishing campaigns and malicious websites. From an enterprise level, the best course of action to take to prevent against this malware would be to educate end users on the best practices to take when browsing the internet, to verify application legitimacy, and to read application reviews prior to installation. Applications…

MegaCortex was first discovered in 2019 and was observed targeting corporate network with attacks that included adjustable ransom demands based on the companies that were attacked and the amount of data stolen. In October 2021, officials arrested 12 individuals related to thousands of MegaCortex and LockerGoga ransomware attacks. Along with the arrests, authorities discovered the private keys used in attacks, which lead to Bitdefender releasing the decryptor for the LockerGoga ransomware. Bitdefender did not release…

Since discovering the attack on December 2 and confirming the resulting outage was caused by a ransomware attack, Rackspace has been offering affected customers free licenses to migrate their email from its Hosted Exchange platform to Microsoft 365. The cloud computing provider also provided affected customers with download links to recovered historic mailbox data (containing email messages before December 2) through its customer portal via an automated queue. Rackspace added that its Hosted Exchange environment…