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A new report from Halcyon finds that the group also puts more effort than usual into developing working decryptors, likely to incentivize businesses to pay up.  The post Akira ransomware group can achieve initial access to data encryption in less than an hour appeared first on CyberScoop.

Are ransomware and encryption still the defining signals of modern cyberattacks, or has the industry been too fixated on noise while missing a more dangerous shift happening quietly all around them? According to Picus Labs’ new Red Report 2026, which analyzed over 1.1 million malicious files and mapped 15.5 million adversarial actions observed across 2025, attackers are no longer optimizing for

Experts Say MDR Services and Proactive Defense Can Break the Payment CycleAPJ organizations face a ransomware paradox: demands dropped 50% to $500,000, yet 54% paid the threat actors. The new Sophos report shows why firms continue paining, how successful negotiations work and what proactive defenses can stop attacks before encryption begins

Russian Activist for Ukraine Claims Spyware Was Installed While in Custody by FSBA Russian activist says security forces covertly installed spyware on his cellphone while he was detained in Moscow for aiding Ukraine. A report published Thursday shows the spyware received a broad range of permissions, from tracking location to reading encrypted messages.

Bank Info Security 1 year, 8 months ago

German Pharma Wholesaler AEP Targeted in Ransomware Attack

Firm Supplies More Than 6,000 PharmaciesA ransomware attack on German pharmaceutical distributor AEP detected Monday has not led to medication shortages so far, report local media. AEP disclosed Wednesday that hackers successfully encrypted some of its IT systems. Pharmacies usually work with several wholesalers.

Bank Info Security 2 years, 4 months ago

Chinese Cybercrime: Discretion Is the Better Part of Valor

Repeat Crackdowns Drive Criminals to Embrace Foreign-Made Encrypted Messaging AppsCriminals in China increasingly keep a low profile on public-facing forums and rely on Telegram and other encrypted foreign messaging apps to discreetly coordinate their activities or sell wares, according to a new report charting how the Chinese cybercrime ecosystem continues to evolve.

Bank Info Security 2 years, 5 months ago

Ransomware on Tap as Major Water Providers Fall Victim

US and UK Water Giants Report Network Breaches and Data Leaks, But No EncryptionTwo major water providers in the U.S. and U.K. report that they recently fell victim to ransomware attacks. In both cases, attackers appear to have stolen employee or customer data that they're now holding to ransom. Ransomware trackers say known attacks, affecting all sectors, have been surging.

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