Cyber Security News & Trends – 11-08-19

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This week, ransomware in Spain, a doomsday cybersecurity exercise, and why rebooting your computer won’t rid it of malware.


SonicWall Spotlight

Spanish Ryuk Ransomware Attack Hints at New WannaCry – IT Pro (UK)

  • With several institutions and businesses in Spain currently under attack by a strain of the Ryuk ransomware, there is a fear that a problem of the scale of WannaCry is at risk of being unleashed. SonicWall CEO Bill Conner talks to IT Pro on the similarities between the two ransomwares, and how to best protect your business from them.

How Healthy Is Your Web of Connected Devices? – Security Boulevard

  • There are over 25 billion Internet of Things (IoT) connected devices currently in the world, and this number is rising. Security Boulevard uses SonicWall Cyber Threat Intelligence to demonstrate the dangers of, and from, these devices if they are not shielded from cyberthreats.

Cybersecurity News

The Financial Industry Just Finished Its Annual ‘Doomsday’ Cybersecurity Exercise — Here’s What They Imagined Would Happen – CNBC

  • The Securities Industry and Financial Markets Association recently held a worst-case scenario cybersecurity simulation dubbed Quantum Dawn. The fictional event centered around a financial giant being attacked by malicious ransomware.

Ransomware Is Crippling Schools. What Can They Do About It? – EdSurge

  • Tech and education website EdSurge takes a look at the recent rise in ransomware attacks on educational institutions. It explains how ransomware works, why education is being attacked, and how to protect against cyberattacks.

Cybersecurity Risk Is Growing, and We Are Not Ready – Infosecurity Magazine

  • In a new survey of over 4 thousand people in 140 countries, cybersecurity is named as the biggest worry to companies. Between a skills shortage and a general lack of understanding of the threats, many companies are simply unprepared for cyberattacks.

Specially Crafted ZIP Files Used to Bypass Secure Email Gateways – Bleeping Computer

  • A new malware campaign has been discovered by researchers that hides the payload in a complex system of compressed files and archive restructuring. It appears to have been specifically designed by bypass secure email scanners, although at the cost of not always extracting correctly.

Feds Warn Against Hidden Cobra’s Hoplight Malware – SC Magazine

  • US federal agencies released a notification about Hoplight, a new sophisticated data collecting malware being used by North Korean cyberattack group Hidden Cobra.
And Finally

Experts: Don’t Reboot Your Computer After You’ve Been Infected With Ransomware – ZDNet

In a turnaround from the traditional “have you tried turning it off and on again” line, cybersecurity experts are not recommending rebooting your computer if caught by ransomware. The line of thinking is that if something has gone wrong with the ransomware, rebooting a computer might allow it try again, successfully this time.


In Case You Missed It

SonicWall Staff