This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties.  Members and Law enforcement use only. Contact us for any permissions.  To do otherwise will result in the loss of membership.

Complete Story
 

10/11/2020

Amid an Embarrassment of Riches, Ransom Gangs Increasingly Outsource Their Work

Krebs on Security

There’s an old adage in information security: “Every company gets penetration tested, whether or not they pay someone for the pleasure.” Many organizations that do hire professionals to test their network security posture unfortunately tend to focus on fixing vulnerabilities hackers could use to break in. But judging from the proliferation of help-wanted ads for offensive pentesters in the cybercrime underground, today’s attackers have exactly zero trouble gaining that initial intrusion: The real challenge seems to be hiring enough people to help everyone profit from the access already gained.

One of the most common ways such access is monetized these days is through ransomware, which holds a victim’s data and/or computers hostage unless and until an extortion payment is made. But in most cases, there is a yawning gap of days, weeks or months between the initial intrusion and the deployment of ransomware within a victim organization.

Read more...

Printer-Friendly Version


Resources

Alerts

The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.

more information
Resources

Resources

Your electronic library to help in fighting financial fraud for all of our partners.

more information