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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)

The Hacker News 4 months, 3 weeks ago

Expert Recommends: Prepare for PQC Right Now

Introduction: Steal It Today, Break It in a Decade Digital evolution is unstoppable, and though the pace may vary, things tend to fall into place sooner rather than later. That, of course, applies to adversaries as well. The rise of ransomware and cyber extortion generated funding for a complex and highly professional criminal ecosystem. The era of the cloud brought general availability of

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday disclosed that ransomware actors are targeting unpatched SimpleHelp Remote Monitoring and Management (RMM) instances to compromise customers of an unnamed utility billing software provider

Between crossovers - Do threat actors play dirty or desperate? In our dataset of over 11,000 victim organizations that have experienced a Cyber Extortion / Ransomware attack, we noticed that some victims re-occur. Consequently, the question arises why we observe a re-victimization and whether or not this is an actual second attack, an affiliate crossover (meaning an affiliate has gone to

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