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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.…

Bank Info Security 5 months, 1 week ago

Victims Are Rebuffing Ransomware Mass Data Theft Campaigns

Revenue From Supply-Chain Attacks by Clop Group Sharply Fell, Report InvestigatorsOnce lucrative steal-and-leak campaigns pioneered by Russian ransomware group Clop look set to go the way of the dinosaurs. While an estimated 25% of victims paid a ransom in the inaugural campaign five years ago, the number of victims that paid fell to zero by 2023, report ransomware responders.

Bank Info Security 7 months, 2 weeks ago

Ransomware Moves: Supply Chain Hits, Credential Harvesting

Innovation Continues, Although Sloppy Coding Can Still Leave Data UnrecoverableRansomware groups continue to display more innovation, persistence and planning in their quest to amass ransom-paying victims and maximize profits. This has included repeat supply-chain attacks, harvesting credentials to use in later campaigns, as well as launching their own affiliate programs.

Bank Info Security 8 months, 2 weeks ago

Ransomware Hackers Look for New Tactics Amid Falling Profits

Digital Extortionists Try Recruiting Insiders, Email BarragesCollective efforts to bolster cybersecurity defenses have been taking a big bite out of ransomware groups' earnings, leading groups to reach for new strategies, including social engineering, supply chain attacks, extortion services and bribing insiders, warn incident response experts.