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Conti Ransomware gang pays salaries and develops cryptocurrency

CyberSecurity Insiders

But here’s a news piece that gives details of a ransomware group that paid $6 million in salaries last year and even tried to develop its cryptocurrency. Conti Ransomware group is the hacking group in discussion and is reported to have been led by an individual code named ‘Stern’.

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Who Wrote the ALPHV/BlackCat Ransomware Strain?

Krebs on Security

In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “ BlackCat “), considered to be the first professional cybercrime group to create and use a ransomware strain written in the Rust programming language. Image: Varonis. ” Meanwhile, the U.S.

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Organizations paid at least $602 million to ransomware gangs in 2021

Security Affairs

Organizations have paid more than $600 million in cryptocurrency during 2021, nearly one-third to the Conti ransomware gang. and Australia have published a joint advisory warning of an increased globalised threat of ransomware worldwide in 2021. Last week, cybersecurity agencies from the U.K., added the company.

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The Analyst Prompt #42: Ransomware Attacks Not Letting Up as 2021 Draws to a Close

Security Boulevard

Malware: Ransomware Attacks Don Not Let Up at the End of 2021. In what seems like an appropriate end to a year defined by an increased focus on ransomware, December proved to be a busy month for cyber defenders. Organizations of all kinds around the world fell victim to or became aware of ransomware attacks.

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FBI seized $500,000 worth of bitcoin obtained from Maui ransomware attacks

Security Affairs

DoJ seized $500,000 worth of Bitcoin from North Korea-linked threat actors who are behind the Maui ransomware. Department of Justice (DoJ) has seized $500,000 worth of Bitcoin from North Korean threat actors who used the Maui ransomware to target several organizations worldwide. ” reads the announcement published by DoJ.

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Threat Actors Merging Malicious Activity With Cryptocurrency Show How the Attack Landscape is Developing in Decentralized Finance

Security Boulevard

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

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The worst cyber attacks of 2021

Security Affairs

Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? The systems at the company were infected with the Phoenix Locker, a variant of ransomware tracked as Hades that was part of the arsenal of the cybercrime group known as Evil Corp.