Unfortunately, I’ve had unpleasant dealings with the Phobos ransomware group. My interactions with Phobos have been fodder for a good story when I educate client employees on recent cyber-attacks to prevent them from becoming victims. The story highlights how these ransomware groups, including Phobos, are sophisticated criminal organizations with managerial hierarchy. They use common slang
phobos
CISA, FBI + MS-ISAC Issue Warning on Phobos Ransomware
By Linn Foster Freedman on
Posted in Cybersecurity
To help organizations protect against ransomware, CISA, the FBI, and the Multi-State Information Sharing and Analysis Center (MS-ISAC) released a cybersecurity advisory warning organizations about the Phobos ransomware, and provided indicators of compromise and tactics, techniques, and procedures used by Phobos as recently as February.
According to the advisory, Phobos has been attacking “municipal and…
Coveware Q1 2021 Report Shows Increase in Ransomware Payments Over Q4 2020
By Linn Foster Freedman on
Posted in Cybersecurity
Coveware issued its Q1 2021 Ransomware Report on April 26, 2021, which concludes that “[D]ata exfiltration extortion continues to be prevalent and we have reached an inflection point where the vast majority of ransomware attacks now include the theft of corporate data.”
The Report states that the average ransom payment increased 43 percent from $154,108…