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Zepto, supposedly a variant of the well-known Locky ransomware, was recently spotted in a distribution campaign that involved over 100,000 spam messages, Cisco Talos security researchers warn. Spotted for the first time in February, Locky needed only a couple of weeks to become one of the largest threats in the ransomware landscape, but it needed several months to spawn its first successor, it seems. This, however, doesn’t mean that the new piece of malware is...

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Security researcher Michael Gillespie has created a decrypter that can recover files locked by the MIRCOP ransomware, without paying the ransom fee. The MIRCOP ransomware appeared towards the end of June and had two unique features that made it stand apart from all the ransomware variants discovered each day. One of them is its ransom note, which uses the masked Guy Fawkes figure, usually employed by Anonymous hackers. The ransom note has a threatening tone...

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The European Commission (EC) is trying to better equip Europe against cyberattacks by launching a public-private partnership on cybersecurity worth €1.8 billion (£1.5bn). The investment, which should be completed by 2020, is hoped to strengthen the competitiveness of Europe’s cybersecurity sector. The effort is part of the Commission’s larger Digital Single Market strategy, with the organisation aiming to reinforce cooperation on cybersecurity across border and between all sectors active in cybersecurity. Original Source: TechWeekEurope view...

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Security researchers at Cheetah Mobile Security Research Lab believe they could have discovered one of the largest trojan families of all time, affecting millions of Android devices around the world when it was in full swing. The mobile phone trojan family, known as "Hummer," gained traction in early 2016 when it was infecting "nearly 1.4 million devices daily at its peak," according to Cheetah Mobile. Hummer is thought to have originated in China relative to underground industry...

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The chief executive of Facebook-owned virtual reality company Oculus, Brendan Iribe, has become the latest in a string of company bosses to have their social media accounts hacked. The Oculus boss had his Twitter account compromised, but it is now restored. Google's Sundar Pichai, Facebook's Mark Zuckerberg, Uber's Travis Kalanick and Twitter's Dick Costolo have all fallen victim to similar hacks. View full story ORIGINAL SOURCE: BBC

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