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A new analysis of The Gentlemen operation has revealed that the financially motivated threat group initially operated as an affiliate responsible for conducting double extortion attacks, while leveraging resources from various ransomware-as-a-service (RaaS) schemes like LockBit (aka Tenacious Mantis), Qilin (aka Pestilent Mantis), and Medusa (aka Venomous Mantis)

UNC3753 phones staff posing as IT, hijacks screen sessions, steals sensitive legal files, and now sends operatives physically into offices to plug in USB drives. Google Mandiant and the Google Threat Intelligence Group published a detailed report documenting an active extortion campaign carried out by the cybercrime group UNC3753 (aka Luna Moth, Chatty Spider, and […]

Revenue From Data-Extortion-Only Attacks Appear to Have Plummeted to Virtually NilWhile ransomware continues to disrupt businesses, thankfully some shakedown strategies are losing steam. The latest ISMG Security Report reviews how criminals have continued to refine the ransomware business model and why once-successful strategies for maximizing illicit profits now fall short.

Bank Info Security 4 months, 3 weeks ago

North Korean Hackers Continue to Target US Healthcare

Report: Lazarus Group Pivoting to Medusa Ransomware for Extortion AttacksNorth Korean-state backed Lazarus Group hackers are using Medusa ransomware in extortion attacks on U.S. healthcare entities despite a 2024 U.S. indictment of Rim Jong Hyok, an alleged member of the Lazarus subgroup Stonefly, according to a new threat intelligence report.

Bank Info Security 1 year, 2 months ago

BianLian Claims Credit for Two Health Data Hacks

Alabama Ophthalmology Practice, California Dental Clinic Report BreachesCybercriminal gang BianLian claims to have stolen patient information in two recent hacks of an Alabama-based ophthalmology practice and a California dental clinic. The two incidents affected nearly 150,000 people and are among the extortion group's latest attacks on the healthcare sector.

Bank Info Security 1 year, 9 months ago

North Korean IT Scam Workers Shift to Extortion Tactics

Report Reveals North Korean Workers Expanding into Intellectual Property TheftNorth Korean threat actors posing as remote information technology workers are increasingly extorting ransom from Western companies after securing jobs under false pretenses, according to a new report from Secureworks' counter threat unit.

Krebs on Security 2 years, 8 months ago

Alleged Extortioner of Psychotherapy Patients Faces Trial

Prosecutors in Finland this week commenced their criminal trial against Julius Kivimäki, a 26-year-old Finnish man charged with extorting a once popular and now-bankrupt online psychotherapy practice and thousands of its patients. In a 2,200-page report, Finnish authorities laid out how they connected the extortion spree to Kivimäki, a notorious hacker who was convicted in 2015 of perpetrating tens of thousands of cybercrimes, including data breaches, payment fraud, operating a botnet and calling in bomb threats.

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