We spend a lot of time reporting on ransomware because we are seeing more incidents than ever before, and our readers comment that keeping them up to date on ransomware tactics is helpful. The ransomware gangs, strains and vectors are constantly changing, so it is very challenging for companies to keep up with their latest
Sodinokibi
Cyber Claim Trends Outlined in Coalition Report
Cyber liability insurers are in a good position to provide insight into the types of cyber incidents that are hitting the industry. Coalition, a provider of cyber insurance globally, which “serves over 25,000 small and midsize organizations across every sector of the US and Canada,” issued its Cyber Claims Report this week about the claims…
Carnival Cruises Hit with Ransomware
Adding insult to injury for cruise ship company Carnival Corporation (Carnival) following the hit from the pandemic to the travel industry as well as a class action lawsuit relating to the Diamond Princess’ fate during the pandemic, Carnival disclosed in its August 17, 2020 8-K filing that it recently experienced a ransomware attack. According to…
Sodinokibi Hackers Switch Payment Mechanism to Monero
The hackers behind the Sodinokibi/REvil ransomware have reportedly switched their demands for payment from Bitcoin or Ethereum to Monero cryptocurrency to try to prevent law enforcement from tracking payments.
The hackers reportedly advertised the switch in a posting to an online hacker and malware forum, and admitted that the switch from Bitcoin to Monero is…