Latest cybersecurity reporting from selected sources.

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.…