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Lynette Owens, vice president of global consumer education at the cybersecurity firm Trend Micro, said legal action can help bring about change but doesn’t entirely ensure user safety.

In the report, published on 15 December and titled The Near and Far Future of Ransomware Business Models, Trend Micro highlighted 10 potential evolutions of ransomware groups’ TTPs.

"The threat actors not only claimed that they were able to breach the servers of these companies but also threatened to publish their files," wrote Trend Micro researchers, who recently discovered the new malicious campaign.

Cybersecurity services company Trend Micro reiterates the need for organizations to further strengthen their security posture amid rapid digitalization across industries.

Trend Micro security researchers discovered the threat last month. Like earlier, similar versions of the miner that also target Linux operating systems, the code kills competing malware and resources that affect cryptocurrency mining performance.

Researchers at Trend Micro looked at the extent to which robots can be compromised. They found the machines they studied running on outdated software, vulnerable OSes and libraries, weak authentication systems, and default, changeable credentials.

The bi-annual Pwn2Own elite hacking event held in Toronto has come to an end after four days in which 63 zero-day vulnerabilities were successfully exploited. Some 26 hacking teams and individual hackers took part in the event, operated by Trend Micro's Zero-Day Initiative (ZDI).

In addition to joining the Trend Micro Vision One ecosystem partner program, the company has completed the technology integration of its cybersecurity risk validation and exposure management solution with the Trend Micro Vision One XDR platform.

The Pwn2Own hacking event is operated by Trend Micro's Zero-Day Initiative (ZDI), launched in 2005, and sees some of the best hacking teams come together to exploit various devices using previously unknown 'zero-day' vulnerabilities.

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