Ransomware
Ransomware attack leads to death and Cow and Calf
For many, this news might seem trivial as it doesn’t involve direct harm to humans. However, the recent death of a cow and her calf due to a ransomware attack is a serious concern for those involved in livestock farming. This incident serves as a critical warning for farmers who rely on livestock for their […]
Security vulnerability in IT infrastructure of Ransomware gang saves six victimized companies
Recent news has frequently highlighted how vulnerabilities in a company’s IT infrastructure can lead to devastating cyber-attacks. However, an intriguing twist has emerged: a flaw in the infrastructure managed by a ransomware group has led to a dramatic near-miss where six companies were spared from hefty ransomware payments. Vangelis Stykas, CTO of Atropos.ai, which specializes […]
The rise of RaaS; how Copilot can safeguard SMEs from the growing storm of AI-boosted cyberattacks
Whilst generative AI and the rise of Ransomware-as-a-Software poses growing problems for SMEs, AI copilot tools can provide much-needed support, says ALSO Cloud UK. Ransomware as a Software (RaaS) is on the rise, dramatically lowering the entry barriers for cyber actors to launch relentless attacks on businesses. With the evolution of generative AI, and fuel […]
Russian ransomware criminals earn $500 million
In recent reports, our Cybersecurity Insiders have detailed how hackers have been generating revenue through cyberattacks such as ransomware. However, a new report reveals that ransom payments to those deploying file-encrypting malware surged to an eye-watering $500 million in 2023. This figure, compiled by TRM Labs—a blockchain intelligence firm that monitors crypto-crime globally—highlights a significant […]
Can Negotiations Yield Success in Ransomware Attacks
In the escalating world of cybercrime, ransomware attacks have become a pervasive threat, affecting businesses of all sizes and industries. When faced with a ransomware attack, organizations are often confronted with a critical decision: to pay the ransom or not. In many cases, negotiations with the attackers become a key strategy in determining whether to […]
Australia wants companies disclose ransomware payments
The Australian government has long advised ransomware victims against paying ransoms, arguing that doing so does not guarantee receiving a decryption key and only encourages further criminal activity. However, recognizing that ransom payments might be unavoidable in some situations, Canberra is preparing to introduce legislation requiring businesses to disclose any ransom payments made to criminals. […]
How to Negotiate Ransomware Attacks: A Strategic Guide
In an increasingly digital world, ransomware attacks have become a prevalent threat to businesses and individuals alike. These malicious attacks involve cyber-criminals encrypting data or locking users out of their systems, demanding payment (often in cryptocurrency) to restore access. While prevention and robust cybersecurity measures are crucial, knowing how to negotiate in the unfortunate event […]
SEi Ransomware targets VMware ESXi servers as APT Inc
Recently, a notorious ransomware group previously known as SE#i Ransomware has rebranded itself as APT Inc., setting its sights on VMware ESXi servers worldwide, particularly in corporate environments. This campaign predominantly targets Linux-based systems using the Babuk Encryptor, while Windows environments are hit with the LockBit 3.0 encryptor. The activity reportedly began in February 2024 […]
Latest Ransomware news trending on Google
Recent developments in the world of cybersecurity highlight significant incidents involving ransomware attacks across various sectors. One notable event involves Avast, a prominent antivirus software provider, stepping forward to offer free decryption keys to victims of the DoNex ransomware. Collaborating with law enforcement agencies, Avast aims to provide more decryption tools to assist ransomware victims […]
Ransomware gang starts threatening victims via phone
In a disturbing evolution of ransomware tactics, a new group known as Volcano Demon has emerged, diverging from the usual approach of encrypting databases for ransom. Unlike traditional ransomware operations, Volcano Demon threatens victims directly via phone calls, promising to expose disruption details to their clients and partners unless a ransom is paid. Cybersecurity researchers […]
