Ransomware is a type of malware that threatens to publish the victim’s data or withhold access to it unless a ransom is paid. This malicious form of extortion is becoming increasingly common and damaging, with a number of high-profile attacks occurring in 2021.
The ransomware gang MedusaLocker recently threatened the Minneapolis Public Schools with a ransom of $1,000,000 and the exposure of sensitive data if the ransom was not paid. The school district has refused to pay the ransom and is using other means to recover the data.
SentinelOne security researchers have discovered that the IceFire ransomware has been targeting Windows and Linux machines, exploiting a vulnerability in IBM Aspera Faspex file sharing software. The ransomware gang has targeted machines in Turkey, Iran, Pakistan, and the UAE.
The Indian Central Bureau of Investigation (CBI) has launched a special investigation into the ammunition maker Solar Group. The BlackCat ransomware gang had stolen and demanded a ransom for 39GB of data, and when their demands were not met, they exposed 5GB of information related to explosives, missile heads, grenades, rockets, and propellants.
The Canadian company Black & McDonald was also recently targeted by a ransomware attack. Ontario Power Generation has confirmed the attack and is currently conducting preliminary inquiries.
These recent ransomware attacks demonstrate the dangers of ransomware and the need for organizations to stay vigilant. Businesses should deploy up-to-date cybersecurity measures, such as antivirus programs, firewalls, and encryption, to protect their networks from malicious threats. It is also important to back up data regularly and ensure that users are educated on the risks of ransomware and how to protect against it.