New Ransomware Tactics and Strains Emerge, Including Public Auctions of Stolen Data
The National Law Review
Joseph J. Lazzarotti
As many have learned over the last several years, ransomware is a type of malware that denies affected users access to critical data by encrypting it. Attackers profit handsomely by requiring victims to pay substantial sums, typically tendered in a cryptocurrency such as Bitcoin. A look at some of the numbers over the past two years is troubling. And, perhaps even more troubling, as in all “industries,” products evolve and there are new entrants to the marketplace.
MAZE and Sodinokibi
A comprehensive report by Coveware analyzing ransomware developments during the first quarter of 2020 highlights several interesting trends. In addition to calling attention to the uptick following the coronavirus COVID-19 outbreak, the report explains the rise in...