Recently, in the past few weeks, many companies and organizations have encountered many ransomware attacks. A very new ransomware named Pay2Key has encrypted the networks of several organizations from Israel and Brazil. This ransomware is encrypting networks within an hour, and all the targeted attacks are still under investigation.
The first attack was seen in late October, but it has now grown in numbers, but it continues to attack Israel. According to cybersecurity researchers, the number of hackers are increasing at an alarming rate and are following the same method to achieve a foothold, propagate, and remotely control the infection within the negotiated companies.
However, the Swascan Cyber Security Research Team is the first cybersecurity team that came to the scene to assist all the clients in reviewing and remediating this new threat’s contingencies.
Key Findings
- Earlier, this…