Items tagged with Ransomware
UEFI secure boot was designed to block malicious code from sneaking into your PC's BIOS boot-up process. However, a newly discovered ransomware dubbed HybridPetya somehow found a way to circumvent this. Cybersecurity firm ESET discovered...
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From the onset of the AI race, many have expressed fear about the potential abuse of AI, and many instances have proved that this fear is well-founded. A few months ago, a report revealed how hackers crack passwords with AI. Recently, the...
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The cruelty of black hat hackers seems to know no bounds as they operate with complete disregard for ethical considerations. Just a few days ago, we reported on a vicious ransomware attack on a kidney dialysis organization, and prior to...
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Black hat hackers are often greedy, and their desperation to amass ill-gotten wealth can drive them to do virtually anything. This was evident in a recent data breach, which exposed the sensitive information of over 2.7 million patients at...
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Just last year, an estimated $1 billion dollars was extorted by ransomware gangs, and it has now been projected that within the next six years, these cybercriminals could collectively generate a whopping $265 billion annually. These...
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DigitalMint, a well-known financial cybersecurity firm, has revealed that one of its former employees is being investigated by the US Department of Justice. The probe centers on allegations that this individual colluded with ransomware...
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A few months ago, a group of cybercriminals, Scattered Spider, launched sophisticated cyber attacks that bypassed key security infrastructures of several retail companies in the UK. The group has become even more notorious and has...
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The FBI has announced that the Play ransomware gang has masterminded several sophisticated cyberattacks, which have compromised key security infrastructures in about 900 organizations in Europe, North America, and South America.
The...
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A recent campaign by 3AM ransomware actors found the team using more proactive techniques rather than simple opportunistic hacks by pretending to be IT support. Using a combination of email bombing and spoof IT support calls, unwitting...
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The Clop ransom gang, notorious for masterminding sophisticated cyberattacks and exploiting zero-day vulnerabilities, is back in the news, and for the usual reason- - targeting the security systems of big companies and causing large-scale...
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Medical device manufacturer Artivion, who specializes in making products used by cardiac and vascular surgeons to treat patients, has been hit with a ransomware attack. It was severe enough attack that it has disrupted the company’s...
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In the past few years, the ransomware market has heated up, leading to more payouts for threat actors and more attacks overall. However, in late 2023, with the seizure of BlackCat ALPHV by law enforcement, among other factors, the business...
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StopCrypt ransomware is one of the most prolific yet underreported ransomware families due to its usual target of individuals rather than high-profile businesses or larger entities. We may not see this strain of ransomware in the United...
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Over the past few months, the infamous ransomware group LockBit has faced significant turmoil, including threatening a forum administrator with murder. All while this was happening, members of the group like Mikhail Vasiliev were sitting...
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Most forms of malware can only make the attacker money in a roundabout way. For example, selling stolen data or bundling infected systems into a rentable botnet. Ransomware is different, however, in that it can be a moneymaker all on its...
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When you get into the ransomware scene, one would think that you want to lay somewhat low while building up a decent reputation before going for the big fish. However, ransomware newcomer Mogilevich is coming out swinging with the claim...
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Over the past couple of years, the ransomware industry has exploded leading to millions in lost dollars to cybercriminals extorting businesses to regain access and control of their private data. It was thought to have reached a head when...
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We know that ransomware has severe negative effects, such as hospitalizing security professionals from the sheer stress stemming from these sorts of attacks. We also know that the threat actors behind these operations are the lowest of the...
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Power management and industrial automation company Schneider Electric (SE) was hit by a ransomware attack this month. With disclosures about the incident becoming available, it would indicate that while this was an isolated attack on SE...
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Through 2022, the LAPSUS$ threat actor group went on a tear, breaching companies like NVIDIA, Samsung, Microsoft, and Rockstar. The latter of these breaches resulted in quite a bit of game leaks related to GTA IV, revealing details that...
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In the threat intelligence and cybersecurity space, an interesting development has unfolded over the past few days regarding BlackCat or ALPHV, the group behind the Reddit security breach and the more recent 23AndMe data breach. It...
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The developer of Ethyrial: Echoes of Yore, Gellyberry Studios, has been hit by a ransomware attack, leading to the loss of 17,000 player accounts, the studio announced on their Discord server. The game is described as “a hardcore...
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