Ransomware
Akira Ransomware attack on Hitachi Vantara Servers
Hitachi Vantara, the global technology powerhouse and a subsidiary of Japan-based Hitachi, was targeted by the notorious Akira Ransomware gang last weekend, forcing the company to take drastic measures. In a bid to contain the spread of the malware, Hitachi Vantara was compelled to take several of its servers offline. This cyberattack has prompted the […]
Fog Ransomware Gang Now Demands $1 Trillion: A Curious Twist Tied to DOGE and Elon Musk
The Fog Ransomware gang, which has been making headlines over the past week due to its increasingly audacious demands, is now requesting a staggering $1 trillion from its victims. However, this isn’t a straightforward ransom demand like we typically see from cybercriminals. Instead, the hackers seem to be pulling inspiration from an unexpected source—Elon Musk […]
New cryptocurrency creation will lead to more ransomware attacks
In the past two to three years, law enforcement agencies around the world have made significant strides in combating ransomware attacks. These malicious attacks, often involving file-encrypting malware, have wreaked havoc on individuals, businesses, and even entire governments. However, authorities have found ways to track ransom payments, particularly those made to hackers using cryptocurrency. Some […]
Akira Ransomware shifts focus to SMBs
Many small and medium-sized businesses (SMBs) operate under the assumption that cybercriminals won’t target them, believing their data or systems lack the value to entice hackers. After all, these businesses often can’t afford the hefty ransoms that typically interest cyber attackers. However, this misconception is increasingly outdated. Hackers have shifted their tactics and are now […]
Ransomware Attacks on Financial Institutions: A Rising Threat with Multi-Layered Consequences
In 2024, financial institutions around the globe suffered an average loss of $6.08 million due to ransomware attacks. This marked a 10% increase compared to the previous year, signaling a disturbing trend of rising cybercrime targeting the financial sector. The analysis, conducted by security experts from Hunt.io, uncovered not only the staggering financial damage but […]
Australia mandates reporting of ransomware payments
If your business is based in Australia and becomes the victim of a ransomware attack, there’s a crucial change in the law that you need to be aware of. Starting from May 30, 2025, if you decide to pay a ransom, you will be legally required to report the incident to the government within 72 […]
Evolving Threat of Ransomware: From Extortion to Data Poisoning
Over the years, ransomware attacks have become a staple of cybercrime, primarily involving hackers encrypting critical databases and demanding a ransom in exchange for a decryption key. This traditional model of cyber extortion has already caused significant disruption across industries. However, cybercriminals have not remained stagnant—they’ve adapted, evolved, and become more malicious in their methods. […]
RansomHouse ransomware steals 2TB data from telecom giant
Ransomware attacks have been on the rise in recent months, likely due to the ease with which hackers can generate substantial earnings through increasingly aggressive tactics, including double and triple extortion. These methods force victims to not only pay a ransom to regain access to their systems but also to prevent the public release of […]
Clop targets Kellogg and Medusa Ransomware hits NASCAR
Clop Ransomware Targets WK Kellogg Co. in Cyber Attack WK Kellogg Co., now operating as a separate entity from the Kellogg Company, has fallen victim to a cyber-attack, believed to be a ransomware attack. After conducting a technical investigation, the company discovered in February 2025 that cybercriminals, reportedly from the Clop ransomware group, may have […]
Zoom software leading to BlackSuit Ransomware drop on Windows
Zoom, the popular video conferencing software widely used by businesses across the globe for meetings and virtual collaboration, has recently made headlines—but not for the reasons you might expect. The company has found itself linked to an alarming rise in cybercrime, with hackers exploiting its name to distribute the notorious BlackSuit ransomware to Windows systems. […]
