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A new ransomware actor called Spirals completed a corporate intrusion, from initial access to data theft and encryption, in less than 24 hours. [...]
Multi-extortion ransomware relies on stolen data to pressure victims with public leaks. Penta Security explains how its D.AMO platform keeps exfiltrated files encrypted and useless to attackers. [...]
Amateurish Ransomware Group Doubles as HackstivistsCybersecurity researchers discovered an artificial intelligence-driven ransomware group that emerged at the end of last year and compromised more than 85 victims worldwide. The group uses double extortion, combining data theft with encryption.
Cybersecurity researchers have shed light on a nascent artificial intelligence (AI) assisted ransomware family called FunkSec that sprang forth in late 2024, and has claimed more than 85 victims to date
ShrinkLocker throws steel and vaccine makers into the hurt locker Updated Yet more ransomware is using Microsoft BitLocker to encrypt corporate files, steal the decryption key, and then extort a payment from victim organizations, according to Kaspersky.…
U.S. and U.K. authorities have seized the darknet websites run by LockBit, a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. Instead of listing data stolen from ransomware victims who didn't pay, LockBit's victim shaming website now offers free recovery tools, as well as news about arrests and criminal charges involving LockBit affiliates.
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.
The ransomware group has already claimed 116 victim organizations so far on its site, and it continues to mature as a thriving cybercriminal business, researchers said.
The cybercriminals trash files larger than 2MB, forever losing them to the void Ransomware groups in recent years have ramped up the threats against victims to incentivize them to pay the ransom in return for their stolen and encrypted data. But a new crew is essentially destroying files larger than 2MB, so data in those files is lost even if the ransom is paid.…