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Bank Info Security 5 months, 2 weeks ago

Victims Are Rebuffing Ransomware Mass Data Theft Campaigns

Revenue From Supply-Chain Attacks by Clop Group Sharply Fell, Report InvestigatorsOnce lucrative steal-and-leak campaigns pioneered by Russian ransomware group Clop look set to go the way of the dinosaurs. While an estimated 25% of victims paid a ransom in the inaugural campaign five years ago, the number of victims that paid fell to zero by 2023, report ransomware responders.

Bank Info Security 9 months, 2 weeks ago

Extortionists Claim Mass Oracle E-Business Suite Data Theft

Executives Receiving Ransom Demands of Up to $50 Million, Warns Ransomware ExpertExtortionists are shaking down executives at organizations that use Oracle E-Business Suite, claiming to have stolen their sensitive data and demanding ransoms of up to $50 million, multiple cybersecurity firms are warning. The criminals claim to be associated with the Clop ransomware group.