“Eldorado” — it’s not just a town in an old Western movie. It’s the newest world-wide, ransomware-as-a-service (RaaS) threat “Eldorado” and it’s packed with locker variants that prey on Windows- and Linux-based systems to encrypt the files.
Eldorado ransomware also has a bit more advanced capabilities – it can move laterally. This means it can attack removable media such as USB drives. It can detect removable media and infect it, therefore spreading the ransomware to other systems. It can also make itself obscure to avoid detection by security software.
‘Eldorado’ has 16 victims since June 2024 – 13 in the U.S., two in Italy, and one in Croatia — and in varying industries such as real estate, healthcare, education, manufacturing, and professional services. Eldorado joins other ransomware players which includes Mallox, LukaLocker, Brain Cipher, AzzaSec, Limpopo and Arcus Media.
Threats Are Real. Stay Secured.
The number of global ransomware attacks rose by a whopping 84%, totaling over 4,600 cases from 2022 to 2023. Ransomware groups continue to thrive in penetrating victim company data, despite law enforcement actions and security efforts. We must do our part to ensure our data is protected. Being proactive in your cybersecurity efforts is key. If you are a business, your data is susceptible to being hacked – no matter how “sensitive” the data or how small the company.
Ready to fortify your business data?
Fortifi Cyber Security, a sibling company of Atlantic Technology Services, can help you discover the “open doors” in your organization where ransomware could enter. Give our team a call at 888-500-9111 or click here to get a free vulnerability test.
