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58 per cent of malware families sold as service are ransomware


New Delhi: A new study has revealed that 58 per cent of malware families sold as a service are ransomware.

The Kaspersky Digital Footprint Intelligence team presented a study that unveiled ransomware as the most widespread Malware-as-a-Service (MaaS) over the past seven years.

The study is based on research conducted on 97 malware families distributed on the dark web and other resources. Moreover, the researchers discovered that cybercriminals often hire infostealers, botnets, loaders and backdoors to carry out their attacks.

MaaS is an illicit model of business involving the leasing of software to carry out cyberattacks.

Clients of such services are typically provided with a personal account via which they can control the attack as well as technical support. It lowers the initial threshold of expertise that would-be cybercriminals must meet.

Experts analysed malware families’ sales volumes, posts, mentions, discussions and more to identify popular MaaS types.

Ransomware emerged as the top MaaS type, accounting for 58 per cent of all distributed families from 2015 to 2022.

Cybercriminals can subscribe to Ransomware-as-a-service (RaaS) for free. After they become partners in the programme, they have to pay for the service after each successful attack.

“Cybercriminals actively trade illicit goods and services, including malware and stolen data, over the shadow segments of the internet. By understanding how this market is structured, companies can gain insights into the methods and motivations of potential attackers,” said Alexander Zabrovsky, Digital Footprint Analyst at Kaspersky.

Organisations can protect themselves from MaaS by always keeping software updated on all the devices to prevent attackers from infiltrating the network by exploiting vulnerabilities and by using the latest Threat Intelligence information to stay aware of actual TTPs used by threat actors.

This post was last modified on July 2, 2023 9:01 pm

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If you can crack the code on the new 50 cent coin, the Australian cyber-spy agency wants to hear from you | Katherine Times


A new 50 cent coin, released by the Royal Australian Mint today, celebrates the importance of code breaking and evolution of signals intelligence – and if you can work out what is written on the coin, the Australian cyber-spy agency wants to hear from you.

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UAE telecoms group takes 9.8 per cent stake in Vodafone


Emirates Telecommunications Group has acquired a 9.8 per cent stake in Vodafone for around $4.4bn as it kick-starts its latest expansion into international markets.

The state-controlled UAE group, formerly known as Etisalat and now rebranded e&, on Saturday said the investment allowed it to “gain significant exposure to a world leader in connectivity and digital services”. e& said the transaction provided a “compelling and attractive valuation”.

The Abu Dhabi-listed group said it planned to be a long-term shareholder in Vodafone and was supportive of Vodafone’s board. There were no plans to make an offer for the British multinational, it added.

“We are looking forward to building a mutually beneficial strategic partnership with Vodafone with the goal of driving value creation for both our businesses, exploring opportunities in the rapidly developing global telecom market and supporting the adoption of next-generation technologies,” Hatem Dowidar, chief executive, said in a statement.

Vodafone acknowledged the investment, saying it looked forward to building a long-term relationship with Etisalat.

Vodafone has been under pressure since it emerged that Cevian Capital, Europe’s largest activist investor, had built an unspecified stake, and had been angling for an overhaul of what its investors believe to be an overly-complex business model.

Investors at Cevian have called for the company to shed poorly performing parts of the business, and make material progress towards mergers or acquisitions in markets that chief executive Nick Read has said he is looking to do deals in, namely the UK, Italy and Spain.

The Financial Times reported earlier this week that Vodafone was in talks to combine its UK operations with its domestic rival Three UK, the mobile operator owned by Hong Kong infrastructure conglomerate CK Hutchison.

Karen Egan, an analyst at Enders Analysis, said e&’s stake amounted to “another shareholder to add to the pressure on Read . . . at a crucial time for him”.

“A company like that doesn’t take a sizeable minority position unless they think they can have a lot of influence and I don’t think that they would buy a company like Vodafone…

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Hacker Group Hits 50 Cent, Lil Wayne, Big Sean, Travis Scott & More

Now he’s fallen victim to a leak, courtesy of the hacker group Music Mafia … ‘Get It In’ from Big Sean, ‘Real’ by Mac Miller, ‘Tequila’ by PARTYNEXTDOOR and Quavo, ‘Savage’ from ASAP Rocky, and more. As of now, all the leaked material …
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