Iran’s Computer Emergency Response Team Coordination Center (Iran CERTCC), the country’s cybersecurity authority, has issued a warning to the public, government bodies and companies about the rising tide of a dangerous ransomware attack, GandCrab v4.
Affiliated to the ICT Ministry, Iran CERTCC published a post on Wednesday urging users to take necessary measures against infection by GandCrab ransomware, having noticed a hike in the number of attacks employing the malicious software around the globe.
Damages caused by cybercriminals across the globe are estimated to reach trillions of dollars annually by 2021. Given the dire consequences of vulnerability to hackers, cybersecurity providers in Iran are on the lookout for possible exploitations.
The cybercrime gang behind the GandCrab launched the fourth version of the malware in July. GandCrab is ransomware which is a piece of software that asks users to pay a certain ransom.
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