5 Common Hacking Techniques, you should watch out for

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According to Warren Buffett, cyber-attacks are a bigger problem to man-kind than nuclear attacks.

Depending on the type of hacker that is carrying out these attacks, the reasons behind them are varied. The motives range from personal, political, ethical or financial. By 2021, the costs from cyber-crime damage are expected to be $6 trillion per year and will rake in more profits than the global trade of all illegal drugs combined!
Here are 5 of the most common hacking techniques used to gain access to confidential data.

  • Cookie Theft/Cookie or Session Hijacking

Cookie theft, also known as cookie or session hijacking, is when an unencrypted session data is copied by a third party. It is then used to impersonate the real user to make financial transactions or posting false posts on their behalf.

  • SQL Injection

SQL (Structured Query Language) injection is one of the most common hacking techniques used in 2017. It is a code injection technique that inserts malicious SQL statements into an entry field and is used to attack data-driven applications. To prevent this attack from occurring, the use of prepared statements with parameterized queries is recommended.

  • Man in the Middle (MITM) Attack

A MITM attack is when data transmission between two people is intercepted. This can happen over any form of online communication, such as email, social media, etc. Transmitted data can be modified to trick either party in divulging sensitive information.  Encryption of emails through S/MIME (Secure/Multipurpose Internet Mail Extensions) is an optimal way to ensure only the intended recipients can read the emails.

 

  • Ransomware

Ransomware is a type of malware, which encrypts data on the infected system not allowing access until a ransom amount is paid to the hacker. The motive behind these attacks is almost always financial gain and payment is demanded via virtual currency. These attacks can occur through malicious phishing emails, infected software apps, infected external hard disks or compromised websites. The best way to protect your system from ransomware attacks is to make sure your anti-virus software is up to date.

  • Phishing

Phishing attacks occur when hackers impersonate a legitimate organization to gain access to confidential data such as usernames, passwords, credit card and bank account details, usually through electronic communication. Phishing attacks have evolved into many versions, such as: Deceptive phishing, Spear phishing, Whaling, Business Email Compromise (BEC), Dropbox phishing, etc. Like ransomware, most phishing attacks are also financially motivated.

The Bottomline

Threats to cyber-security are on the rise. With hackers using various innovative techniques to gain access to confidential data, the best way to protect your presence online is to make sure your anti-virus software is up to date.

To protect against online data theft, download Max Total Security today!

 

 

BananaCrypt ransomware

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BananaCrypt Ransomware is yet another ransomware that makes use of AES encryption to lock files and make them inaccessible. It adds .bananaCrypt file extension to stored files on the system and thereby forcing victims to pay $300 for file decryption.

The Bananacrypt ransomware is spread with some flaws in its code; hence, the encryption process is not carried out successfully. This was observed when analysing the sample obtained by malware researchers. The version analyzed have not created any file containing a ransom note, but it has been revealed that the Bananacrypt ransomware should create a notepad file named “readme.”

As soon as all files are encrypted by Banana ransomware, malware delivers a ransom note where cyber criminals give people instructions what they have to do. The full message of the ransom note:

!!!What happened!!!!
Your files have been decrypted using a unique key, generated for this computer
Send 300 USD worth of bitcoin to the address below to obtain your key to decrypt your files
Address: asdffdsaasdf
Dont waste your time looking for a way to decrypt your files. This is only possible using our decrypter

 

Ransomware-type cyber threats can be spread via:

  • malicious ads that can be placed on legit and corrupted sites;
  • fake software updates or downloads;
  • exploit kits that take advantage of the outdated software or operating system.

Do not pay any ransom to these warnings and always remember to use a good Total Security program such as Max Total Security which will take regular daily back up on your hard disk or another computer on network to restore in such times.