cryptowall

The CryptoWall ransomware has been updated to make it increasingly difficult for users to recover encrypted data.
 
The latest version of CryptoWall, version 4.0, will now alter the file names of data that it has encrypted to prevent victims from determining exactly what has been affected by the program. In addition, ransomware will now delete all system restore points upon its installation in an effort to ensure that data remains unrecoverable. If infected, the app will be accompanied by a message to victims, shown in the screenshot posted above, which states that they will be unable to recover their data unless they pay the ransom, and that any other attempt to recover data may result in irreversible loss.

secureislands

According to the report from Globes, Microsoft is planning to acquire Secure Islands, a data security startup in Israel for about $100 – $150 million. If it happens, it will be Microsoft’s 5th acquisition in Israel in past year alone. Just few months back, Microsoft acquired Adallom, an another Israeli security startup.

Avast Antivirus

In an exclusive interview to Tecmundo – a famous tech news group in Brazil -, Ondrej Vlcek, the Chief Operations of Avast, stated that the company is planning to release a security app for the platform in 2016. No specific date was given. One of the reasons is, according to Vlcek, the large number of pirate apps for Windows Phone that pretend to be official names, which collect thousands of users’ data and show an absurd amount of ads.

Adobe FlashPlayer 1

Reports have emerged that attackers part of a foreign cyber espionage campaign, referred to as Pawn Storm, have leveraged a critical security vulnerability that was recently discovered in Adobe's Flash Player software.

hacker threatSmall businesses are increasingly being targeted by computer hackers because their security is not as tough as larger companies, according to a Government report.
 
Cyber-crime is estimated to cost Australian businesses up to $1 billion every year, and the report claims 60 per cent of businesses hit by a cyber attack went out of business within six months.
 
However, small business-owners have largely indicated they did not believe they were in danger of being targeted.
 
The report shows only a quarter of small business owners thought they were at risk of having their data stolen and held to ransom, and less than half kept their anti-virus software up to date.
 
Only 2 per cent of small businesses treated protections against hacking as a priority.
 
Cybersecurity expert Matt Tett said many people mistakenly believed large companies, like cheating website Ashley Madison, were more likely to be targeted by hackers.