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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 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

The Hacker News 3 years, 4 months ago

What's Wrong with Manufacturing?

In last year's edition of the Security Navigator we noted that the Manufacturing Industry appeared to be totally over-represented in our dataset of Cyber Extortion victims. Neither the number of businesses nor their average revenue particularly stood out to explain this

Ransomware is the de facto threat organizations have faced over the past few years. Threat actors were making easy money by exploiting the high valuation of cryptocurrencies and their victims' lack of adequate preparation.  Think about bad security policies, untested backups, patch management practices not up-to-par, and so forth. It resulted in easy growth for ransomware extortion, a crime that