SquareX Discloses Browser-Native Ransomware that Puts Millions at Risk

From WannaCry to the MGM Resorts Hack, ransomware remains one of the most damaging cyberthreats to plague enterprises. Chainalysis estimates that corporations spend nearly $1 billion dollars on ransom each year, but the greater cost often comes from the reputational damage and operational disruption caused by the attack.

Ransomware attacks typically involve tricking victims into downloading and installing the ransomware, which copies, encrypts, and/or deletes critical data on the device, only to be restored upon the ransom payment. Traditionally, the primary target of ransomware has been the victim’s device. However, thanks to the proliferation of the cloud and SaaS services, the device no longer holds the keys to the kingdom. Instead, the browser has become the primary way through which employees conduct work and interact with the internet. In other words, the browser is becoming the new endpoint.

SquareX has been disclosing major browser vulnerabilities like Polymorphic Extensions ...