BACKGROUND:
It has been reported that in less time than it takes to get a stuffed crust pizza delivered, a new group called SnapMC can breach an organization’s systems, steal their sensitive data, and demand payment to keep it from being published, according to a new report from NCC Group’s threat intelligence team — no ransomware required. Rather than disrupting business operations by locking down a target’s data and systems, SnapMC just focuses on straight-up extortion. However, this low-tech, ransomware-free approach to extortion on a compressed timeline relies on known vulnerabilities with patches readily available.
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