Tag Archives: attack

Managed.com, one of the biggest providers of managed web hosting solutions, has taken down all its servers in order to deal with a ransomware attack, ZDNet has learned today.

The attack took place on Monday, November 16, and the ransomware impacted the company’s public-facing web hosting systems, resulting in some customer sites having their data encrypted.

Managed.com said the incident only impacted a limited number of customer sites, which the company said it immediately took offline.

But hours after the attack, Managed.com said it also took down its entire web hosting infrastructure, which the company is now working to restore.

This included WordPress and DotNetNuke managed hosting solutions, email…

02 November 2020 at 15:10 UTC

Updated: 02 November 2020 at 15:13 UTC

Missing order information and setting changes are apparently hampering recovery efforts

EXCLUSIVE A recent ransomware attack on a third-party software management tool caused outages for customers of e-commerce platform provider X-Cart.

The disruption, which sparked anguish and frustration among customers on X-Cart’s private forum, prompted one participant on the message board to tip off The Daily Swig.

Our tipster, who asked to remain anonymous, said X-Cart had to restore systems from backups, adding that there may be a time gaps since the last restoration that means data will be lost as a result of the…

Organizations’ on-premise and cloud-based servers are compromised, abused and rented out as part of a sophisticated criminal monetization lifecycle, Trend Micro research finds.

The findings come from a report looking at how the underground hosting market operates. The findings show that cryptocurrency mining activity should be the indicator for IT security teams to be on high alert.

Cryptomining activity used to monetize compromised servers

While cryptomining activity may not cause disruption or financial losses on its own, mining software is usually deployed to monetize compromised servers that are sitting idle while criminals plot larger money-making schemes. These include exfiltrating valuable data, selling server access for further abuse, or preparing for a targeted