As reported by Bleeping Computer, a new ransomware called BitPyLock has quickly gone from targeting individual workstations to trying to compromise networks and stealing files before encrypting devices. BitPyLock was first discovered by MalwareHunterTeam on January 9th, 2020 and has since seen a trickle of new victims daily. In this recent version, the actors have changed their targeting to focus on network compromise and the claims of stealing data before encrypting devices.
Experts Comments
January 22, 2020
Ransomware has become one of the most powerful financially driven weapons used by malicious actors, and if companies continue to pay, it will continue to haunt us for a while longer yet. Coupled with extorting data, it’s becoming an epidemic. Companies need to prepare for the worst and simulate an attack such as this to really locate where the vulnerabilities lie.
Losing data to encryption is one thing, but losing it in clear text to the dark web is another level altogether. Encrypting.....Read More
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@Ameesh Divatia, Co-Founder & CEO, provides expert commentary at @Information Security Buzz.
"Organizations must develop strategies that focus on protecting the data they collect at all times...."
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https://informationsecuritybuzz.com/expert-comments/bitpylock-ransomware-now-threatens-to-publish-stolen-data
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@Ameesh Divatia, Co-Founder & CEO, provides expert commentary at @Information Security Buzz.
"Organizations must develop strategies that focus on protecting the data they collect at all times...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/bitpylock-ransomware-now-threatens-to-publish-stolen-data