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Bank Info Security 7 months, 1 week ago

Ransomware Victim Warning: The Streisand Effect May Apply

Analysis of Seized LockBit Data Suggests Victims Who Pay Enjoy More Media CoverageBad news for any organization that's ever paid a ransom in a bid to avoid their breach coming to light, or for a promise from attackers to delete stolen data, with a study of seized LockBit data finding that victims who paid a ransom were more likely to see the attack get detailed in the media.

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.

Hacker Claims to Have Exploited Flaw in Oracle WebLogic Server, Sold Stolen DataSeychelles Commercial Bank is warning customers that a hacker stole their personal information - but no money - from their accounts after breaching its systems. The hacker involved claims to have stolen and sold two gigabytes of customer data from the bank, which paid no ransom.

Expect Attackers to Expand Their Focus to US Targets, Cybersecurity Expert WarnsA trio of British High Street retailers are continuing to recover from cyberattacks that disrupted online orders or in-store card payments, resulting in lower earnings alerts and stock shortages across supermarkets. Expect the attackers to set their sights on U.S. targets, an expert warned.

Bank Info Security 1 year, 4 months ago

Medusa Ransomware Turns Critical Infrastructure to Stone

FBI Ties Group to Triple-Extortion Tactics Involving Follow-On Ransom DemandsThe Medusa ransomware group has been continuing to pummel critical infrastructure sectors across America, warns a joint U.S. government alert. The FBI said the group's tactics include triple extortion, meaning it continues to shake victims down for a ransom, even after they've paid.

Also: Ransomware Hackers Demand BaguettesThis week, Chinese spying, Italian hacking scandal, an FBI warning and Okta fixed a bug. Google mandated MFA, zero days in PTZOptics and a Mexican airport didn't pay ransom. Cybercriminals demanded baguettes, breach lettersin Ohio and Germany will shield white hats. The Italian DPA rebuked a bank.