We have been observing a malvertising campaign via Rig exploit kit delivering a cryptocurrency-mining malware and the GandCrab ransomware since July 25. On August 1, we found Rig's traffic stream dropping a then-unknown ransomware. Delving into this seemingly new ransomware, we checked its ransom payment page in the Tor network and saw it was called Princess Evolution (detected by Trend Micro as RANSOM_PRINCESSLOCKER.B), and was actually a new version of the Princess Locker ransomware that emerged in 2016. Based on its recent advertisement in underground forums, it appears that its operators are peddling Princess Evolution as a ransomware as a service (RaaS) and are looking for affiliates.
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Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.