Ransomware
Ransomware attacks on Food and Agriculture sector could intensify
In the coming weeks, criminals using ransomware may target businesses within the Food & Agriculture sectors, with the severity of these cyberattacks likely to escalate, according to a report from the Food and Agriculture Information Sharing and Analysis Center (ISAC). The report, titled “Farm to Table Ransomware Realities,” highlights that ransomware attacks surged by 27% […]
Akira Ransomware is now targeting legacy servers of defunct companies
In a disturbing yet intriguing development, cyber criminals have once again demonstrated their capacity to target organizations with the sole aim of extracting valuable data. Historically, ransomware groups have been known to target active businesses, steal critical data, and encrypt it in an effort to extort a ransom from the company, usually with the expectation […]
Chinese Threat Group conducting espionage found moonlighting with ransomware
For years, cyber threat actors have been launching attacks to spread malware and deploy tools for intelligence gathering, often driven by financial motives. However, a recent development has caught the attention of cybersecurity researchers—state-sponsored hackers assigned to espionage operations are now moonlighting as ransomware operators. Moonlighting, in technical terms, refers to employees using official resources […]
Clop Ransomware lurks within the network, exploiting it for extended periods
In most cases, thieves disappear after successfully stealing money, goods, or valuable data. However, in the world of cybercrime, particularly with ransomware attacks, the scenario is quite different. Unlike traditional theft where the criminal takes the stolen items and vanishes, ransomware attacks typically involve a two-step process: first, data is stolen, and then it is […]
Phobos and 8Base Ransomware criminals arrested by FBI
In a major joint operation, the FBI, in collaboration with the UK’s National Crime Agency (NCA), Europol, and law enforcement agencies from France, Germany, Japan, Romania, Switzerland, Thailand, Spain, and Bavaria, has officially announced the arrest of four European nationals linked to ransomware operations. These cybercriminals are believed to have orchestrated attacks resulting in approximately […]
Kraken Ransomware strikes Cisco servers to steal data
Cisco, a global leader in networking equipment, has recently fallen victim to a sophisticated cyberattack, where sensitive data from its active directory environments was stolen, posted on the dark web, and potentially sold to interested parties. The attack has raised serious concerns about the security of the company’s operations and the potential long-term impact on […]
Good news as ransomware pay fell by 35 percent in 2024
In recent years, you’ve probably encountered numerous news stories about victims of ransomware attacks and the payments made to obtain decryption keys. However, there’s some positive news: ransomware payments decreased by 35% in 2024, as many victims chose not to pay to regain access to their encrypted data. According to Chainalysis, a firm that tracks […]
Ransomware attacks surged in December 2024
Ransomware attacks saw a sharp increase in December 2024, as confirmed by a report from NCC Group, a UK-based information assurance firm. This rise in cyberattacks was expected, as hackers often target the period from the third week of November through December, capitalizing on vulnerabilities during the holiday season. During this time, many companies, especially […]
Only 7 percent of organizations recover data after paying a ransom in malware attacks
In recent years, there has been a surge in reports of both public and private businesses making ransom payments to hackers responsible for deploying malware, particularly ransomware. However, there are some lesser-known facts that could be of interest to those curious about the outcomes following these payments. According to a recent survey by Hiscox Group, […]
Bashe Ransomware strikes ICICI Bank
A relatively unknown ransomware group named Bashe, potentially linked to the infamous LockBit gang, has launched a cyberattack on ICICI Bank, a major Indian financial institution with a global presence. According to reports, the group managed to breach the bank’s systems, stealing a portion of its data, which is now reportedly up for sale on […]
