Since August, the experts at Krebs on Security warned about arrests on emailing scammers contacting people and essentially unleashing ransomware through their employer’s network. The scammers did this in exchange for US funds. The victims paid the ransom amount if they paid it.
What Krebs found while searching–
Still, this past week, authorities in Nigeria arrested an actual suspect in connection with the scheme who happened to be a young man attempting to save up money to fund a new Social Network. It started with scamming others scammers. Then it got even more significant.
“According to this actor, he had originally intended to send his targets—all senior-level executives—phishing emails to compromise their accounts, but after that was unsuccessful, he pivoted to this ransomware pretext,” Abnormal Security’s Crane Hassold wrote.
The suspect’s social media platform, Sociogram, hid for a short time. After Krebs found out about the ransomware, they were emailed claiming defamation from “Mr. Krebson.” Once getting arrested, the scammer told investigators that no one–at first–was interested in the “ransom your employer” scheme.
But once his name appeared on news media, this individual began to receive thousands of cruise for people interested in his idea. According to the FBI’s internet crime complaint center, consumers and businesses reported more than 4.2 billion dollars in losses tied to this cybercrime in 2020.
In Conclusion
Considering that this man knows a thing or two, it’s clear that more needs to occur. It’s the best way to bring media literacy and learn an adaptive language in cybersecurity. If you’re wondering what you can do to stay safe internally, here’s what 1R Technologies can do as your premier Managed Service Provider:
- Managed Help Desk Support helps with any technical support your company needs.
- Endpoint Security Protection means that your systems and data stay secure from hackers.
- A Network Design meant to improve your company’s infrastructure with solutions that work.
- Cloud Services are available for collaborative efforts with employees.
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- Asset Management for the small business owner that needs a partner to trust over time.
Need assistance understanding online privacy and your company’s IT strategy for the new year? Contact 1R Technologies to consult about our service offerings as a premier Managed Service Provider.