Cybersecurity researchers have spotted a new variant of the Snatch ransomware that first reboots infected Windows computers into Safe Mode and only then encrypts victims' files to avoid antivirus detection. Unlike traditional malware, the new Snatch ransomware chooses to run in Safe Mode because in the diagnostic mode Windows operating system starts with a minimal set of drivers and services
Security experts say the incident shows that cybercriminals are using ransomware to hit companies where it hurts.
The infection apparently made its way in through third-party systems.
Targeted ransomware attacks on banking and finance, government, healthcare, and critical infrastructure are on the rise, with the latest victim being the state government of Louisiana. The state government of Louisiana was hit by a large-scale coordinated ransomware attack yesterday, which forced the state to take several state agency servers offline, including government websites, email
Everis, one of the largest IT consulting companies in Spain, suffered a targeted ransomware attack on Monday, forcing the company to shut down all its computer systems until the issue gets resolved completely. Ransomware is a computer virus that encrypts files on an infected system until a ransom is paid. According to several local media, Everis informed its employees about the devastating