Top CyberSecurity News For 4th September 2016

  1. Threat Alert: Cerber Ransomware v3 Spotted in the WildFrom Softpedia. A

    new version of the Cerber ransomware was released last week, which is easily to identify based on the .cerber3 extension it adds to all encrypted files.

    The move comes after crooks released version v1.5 and v2 in quick succession at the start of August. Before releasing Cerber v2, the crooks distributed v1 for more than six months, with very small updates, once in a while.

    The Cerber gang was forced to issue v2 in order to break a free decrypter provided by the infosec community that was hindering their profits by letting users recover files for free.

    2. Exposed: An inside look at the Magnitude Exploit KitFrom CSO Online. Researchers at Trustwave have provided CSO with an inside look at the Magnitude Exploit Kit’s infrastructure. Linked to attacks against PHP.net and Yahoo, this kit has gone from obscurity to a certified threat in a short amount of time, while generating more than $60,000 USD per week in income.

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