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Latest coverage for Ransomware

Ransomware encrypts or steals data to disrupt operations and extort victims, making backups, access controls, and incident response essential.

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Ransomware is malware used to deny access to systems or data, usually by encrypting files and demanding payment for decryption. Many operations also steal sensitive information and threaten to publish it, so an attack can create both an availability crisis and a privacy or disclosure risk. Initial access may involve phishing, stolen credentials, exposed remote services, or exploitation of unpatched vulnerabilities; attackers may then move through the network before deploying the payload.

Defenses should combine vulnerability management, phishing-resistant authentication where practical, endpoint and network monitoring, and backups that are isolated from routine administrator access and regularly tested for recovery. Organizations should also limit privileges and segment critical systems to reduce the blast radius. An incident requires rapid containment, preservation of forensic evidence, restoration from known-good backups, and assessment of notification, legal, and regulatory obligations. Threat intelligence can help identify relevant criminal infrastructure or tactics, but it does not replace sound access control, patching, detection, and recovery practices.

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Krebs on Security 1 year, 10 months ago

The Dark Nexus Between Harm Groups and ‘The Com’

A cyberattack that shut down some of the top casinos in Las Vegas last year quickly became one of the most riveting security stories of 2023: It was the first known case of native English-speaking hackers in the United States and Britain teaming up with ransomware gangs based in Russia. But that made-for-Hollywood narrative has eclipsed a far more hideous trend: Many of these young, Western cybercriminals are also members of fast-growing online groups that exist solely to bully, stalk, harass and extort vulnerable teens into physically harming themselves and others.

Nastyware seeks creds, mines crypto, and plants ransomware that isnt deployed - for now? An unknown attacker is exploiting weak passwords to break into Oracle WebLogic servers and deploy an emerging Linux malware called Hadooken, according to researchers from cloud security outfit Aqua.…

Would paying a ransom - or better security - have been cheaper and safer? A US healthcare giant will pay out $65 million to settle a class-action lawsuit brought by its own patients after ransomware crooks stole their data – including their nude photographs – and published at least some of them online.…

No class: Black Suit ransomware gang boasts of 200GB haul from one raid Cybercriminals closed some schools in America and Britain this week, preventing kindergarteners in Washington state from attending their first-ever school day and shutting down all internet-based systems for Biggin Hill-area students in England for the next three weeks.…

Bank Info Security 1 year, 10 months ago

NoName Apparently Allies With RansomHub Operation

NoName Specializes in Long-Tail ExploitsUp-and-coming online criminal extortion group RansomHub appears to have a new affiliate - NoName, a midtier actor whose main claim to fame so far has been impersonating the LockBit ransomware-as-a-service operation. NoName is known for exploiting years-old vulnerabilities.

Allegedly swiped more than 5.2M files and threatens to publish the lot Ransomware gang Hunters International reportedly claims to have stolen more than 5.2 million files belonging to the London branch of the Industrial and Commercial Bank of China (ICBC), a Chinese state-owned bank and financial service corporation, and set a deadline of September 13 to release all the data.…

The threat actor known as CosmicBeetle has debuted a new custom ransomware strain called ScRansom in attacks targeting small- and medium-sized businesses (SMBs) in Europe, Asia, Africa, and South America, while also likely working as an affiliate for RansomHub

Bank Info Security 1 year, 10 months ago

Acadian Ambulance Notifying Nearly 3 Million of Data Theft

Ransomware Gang Daixin Claims It Published Sensitive Patient Info on Dark Web SiteA Louisiana-based ambulance company that provides emergency medical care services in four states is notifying nearly 3 million people that their sensitive health information was potentially stolen in a June hack. Ransomware gang Daixin claims to have published the data on its dark web leak site.

Bank Info Security 1 year, 10 months ago

Patch Alert Issued for Veeam Backup & Replication Software

Expect Ransomware Groups to Abuse Critical-Severity Bug to Steal Data, Experts WarnSecurity experts are urging all Veeam Backup & Replication users to immediately update their software to patch a flaw that attackers can remotely exploit to take full control of a system. Experts say ransomware groups likely will target the critical-severity vulnerability for double extortion.

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