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Black Basta ransomware gang hit BT Group

Security Affairs

BT Group (formerly British Telecom)’s Conferencing division shut down some of its servers following a Black Basta ransomware attack. British multinational telecommunications holding company BT Group (formerly British Telecom) announced it has shut down some of its servers following a Black Basta ransomware attack.

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Ransomware Payments Are Down

Schneier on Security

Chainalysis reports that worldwide ransomware payments were down in 2022. Ransomware attackers extorted at least $456.8 million from victims in 2022, down from $765.6 When we published last year’s version of this report, for example, we had only identified $602 million in ransomware payments in 2021.

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U.S. Offered $10M for Hacker Just Arrested by Russia

Krebs on Security

In January 2022, KrebsOnSecurity identified a Russian man named Mikhail Matveev as “ Wazawaka ,” a cybercriminal who was deeply involved in the formation and operation of multiple ransomware groups. “Unfortunately, none of this would mark meaningful progress against ransomware,” they concluded.

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Four REvil Ransomware members sentenced for hacking and money laundering

Security Affairs

Russian authorities sentenced four members of the REvil ransomware operation to several years in prison in Russia. Four former members of the REvil ransomware group were sentenced in Russia for hacking and money laundering, marking a rare case of Russian gang members being convicted in the country. in March 2022.

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Did you know that 2021 was a record-breaking year for ransomware? Considering the possible impact and the increased threat vector, deploying efficient ransomware protection must remain a priority for organizations of all sizes. Ransomware growth trends and stats. The costs and impact of a ransomware attack.

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Microsoft Patch Tuesday, May 2022 Edition

Krebs on Security

By all accounts, the most urgent bug Microsoft addressed this month is CVE-2022-26925 , a weakness in a central component of Windows security (the “ Local Security Authority ” process within Windows). CVE-2022-26925 was publicly disclosed prior to today, and Microsoft says it is now actively being exploited in the wild.

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Alleged Co-Founder of Garantex Arrested in India

Krebs on Security

government in 2022 for facilitating tens of billions of dollars in money laundering by transnational criminal and cybercriminal organizations. Treasury Office of Foreign Assets Control in April 2022 for receiving hundreds of millions in criminal proceeds, including funds used to facilitate hacking, ransomware, terrorism and drug trafficking.