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Threat hunters are warning that the cybercriminal operation known as VECT 2.0 acts more like a wiper than a ransomware due to a critical flaw in its encryption implementation across Windows, Linux, and ESXi variants that renders recovery impossible even for the threat actors

An attack on the company’s AWS platform may have exposed customers' names and home addresses Exclusive ELECQ, maker of smart electric vehicle (EV) chargers, is warning customers that their personal details may have been stolen in a ransomware attack that encrypted and copied user data from its cloud systems.…

Ransomware doesn’t hit all at once—it slowly floods your defenses in stages. Like a ship subsumed with water, the attack starts quietly, below the surface, with subtle warning signs that are easy to miss. By the time encryption starts, it’s too late to stop the flood.  Each stage of a ransomware attack offers a small window to detect and stop the threat before it’s too late. The problem is

Bank Info Security 2 years, 6 months ago

LoanDepot Hit by Ransomware Attack; Multiple Systems Offline

Large Mortgage Lender's Customers Say the Online Payment Portable Is InaccessibleNon-bank mortgage lending giant LoanDepot is warning customers and investors that hackers have infiltrated its network, gained unauthorized access to information and encrypted data, leading to it taking numerous systems offline while it probes the attack.