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Latest coverage for Ransom

Ransom-related coverage examines extortion demands, data theft, and disruption caused when attackers lock or threaten to expose systems.

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Background for this topic.

Ransomware is malicious software that disrupts access to systems or data, typically by encrypting files, to pressure a victim into paying. Modern campaigns may also steal data and threaten to publish it, making the demand a form of extortion even when encryption is unsuccessful. Common access routes include phishing, exposed remote services, stolen credentials, and unpatched vulnerabilities, though no single route is universal.

Important safeguards include regularly tested, offline or otherwise isolated backups; multifactor authentication and least-privilege access; network segmentation; and timely remediation of known, internet-facing vulnerabilities. During an incident, organizations should isolate affected systems, preserve evidence, identify the scope of compromise, and coordinate recovery and legal or regulatory decisions. Payment does not guarantee data recovery or deletion. Threat intelligence may help identify associated infrastructure or available decryptors, while documented recovery plans reduce dependence on an attacker’s demands.

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'Full recovery is impossible for anyone, including the attacker' Organizations hit by the wave of Trivy and LiteLLM supply-chain compromises that paid Vect in hopes of recovering their data likely did not get much back, according to Check Point Research. That's because the ransomware Vect uses isn't actually ransomware at all, but a wiper that destroys any file larger than 128KB.…

The human harms of cyberattacks piled up this year, and violence expected to increase The knock-on, and often unintentional, impacts of a cyberattack are so rarely discussed. As an industry, the focus is almost always placed on the economic damage: the ransom payment; the cost of business downtime; and goodness, don't forget those poor shareholders.…

Checkout.com will instead donate the amount to fund cybercrime research Ransomware is a huge business, because affected orgs keep forking over money to get their data back. However, instead of paying a ransom demand after getting hit by extortionists last week, payment services provider Checkout.com donated the demanded amount to fund cybercrime research.…

Bad opsec Thalha Jubair, one of the two UK teens arrested on Tuesday and accused of being members of the notorious Scattered Spider cybercrime gang, allegedly played a role in bilking more than 100 organizations out of at least $115 million in ransom payments. The cops nabbed him after following a number of clues, including paying for gift cards from a wallet on the same server that also held wallets receiving extortion payments.…

Don't let it happen to you Storm-0501, a financially motivated cybercrime crew, recently broke into a large enterprise's on-premises and cloud environments, ultimately exfiltrating and destroying data within the org's Azure environment. The criminals then contacted the victim via a Microsoft Teams account that they'd also compromised in the attack, demanding a ransom payment for the stolen files.…

Some custom malware, some legit software tools At least a dozen ransomware gangs have incorporated kernel-level EDR killers into their malware arsenal, allowing them to bypass almost every major endpoint security tool on the market, escalate privileges, and ultimately steal and encrypt data before extorting victims into paying a ransom.…

Now individual school districts extorted by fiends An education tech provider that paid a ransom to prevent the leak of stolen student and teacher data is now watching its school district customers get individually extorted by either the same ransomware crew that hit it – or someone connected to the crooks.…

2.3 TB held to ransom as biz formerly known as Virgin Care tells us it's probing IT 'security incident' Exclusive HCRG Care Group, a private health and social services provider, has seemingly fallen victim to the Medusa ransomware gang, which is threatening to leak what's claimed to be stolen internal records unless a substantial ransom is paid.…

'Codefinger' crims on the hunt for compromised keys A new ransomware crew dubbed Codefinger targets AWS S3 buckets and uses the cloud giant's own server-side encryption with customer provided keys (SSE-C) to lock up victims' data before demanding a ransom payment for the symmetric AES-256 keys required to decrypt it.…

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