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Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. “And yes, this is an extortion!!!!
The US Department of Justice has charged a Russian national named Evgenii Ptitsyn with selling, operating, and distributing a ransomware variant known as “Phobos” during a four-year cybercriminal campaign that extorted at least $16 million from victims across the world.
PrismHR , a company that sells technology used by other firms to help more than 80,000 small businesses manage payroll, benefits, and human resources, has suffered what appears to be an ongoing ransomware attack that is disrupting many of its services. “Prism is the only real option on the PEO software market,” he said.
Following a July 18 attack by the Rhysida ransomware group — believed to have Russian affiliations — Columbus is still reeling from the exposure of vast amounts of sensitive resident data. The post Columbus Ransomware Attack Exposes 500,000+ Residents’ Data: How to Stay Safe appeared first on eSecurity Planet.
The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. The unusually candid post-mortem found that nearly two months elapsed between the initial intrusion and the launching of the ransomware.
Cloud hosting provider iNSYNQ says it is trying to recover from a ransomware attack that shut down its network and has left customers unable to access their accounting data for the past three days. Gig Harbor, Wash.-based based iNSYNQ specializes in providing cloud-based QuickBooks accounting software and services.
The Qilin ransomware group claims responsibility for attacking the newspaper Lee Enterprises, stealing 350GB of data. The Qilin ransomware group claimed responsibility for the recent cyberattack on Lee Enterprises, which impacted dozens of local newspapers. Lee Enterprises , Inc. is a publicly traded American media company.
Intel has entered the crypto mining market by launching a low power consuming silicon wafer that is aimed at those who make money through Crypto Mining. Note – A ransomware is a kind of malware that offers a privilege to a cyber crook to encrypt a database until a ransom is paid in crypto currency.
Key Findings First observed in March 2024, BlackLock (aka El Dorado or Eldorado) has rapidly emerged as a major player in the ransomware-as-a-service (RaaS) ecosystem. By Q4 2024, it ranked as the 7th most prolific ransomware group on data-leak sites, fueled by a staggering 1,425% increase in activity from Q3.
These days, when speaking of cyberthreats, most people have in mind ransomware, specifically cryptomalware. This roundup spotlights the ransomware Trojan families that most actively attacked businesses in the CIS in H1 2021, and their technical characteristics. Ransomware families at a glance. Note left by the ransomware.
Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. Encrypting sensitive data wherever possible.
It’s been a couple of decades since data tapes delivered by trucks made encryption a standard enterprise cybersecurity practice. Yet even as technology has changed, sending and receiving data remains a major vulnerability, ensuring encryption’s place as a foundational security practice. What is Encryption?
Payroll software provider Apex Human Capital Management suffered a ransomware attack this week that severed payroll management services for hundreds of the company’s customers for nearly three days. The company declined to specify how much was paid or what strain of ransomware was responsible for the attack. Roswell, Ga.
It is no secret that ransomware attacks have been on the rise in recent years and have caused a significant amount of pain to organizations worldwide. To better understand the relationship between insurance and ransomware, U.K.-based RUSI's research challenges the notion that cyber insurance is a direct catalyst for ransomware.
These cybercriminals are happy to put aside previous Ransomware-as-a-Service hierarchies to focus on the ill-gotten gains to be made from controlling victim’s networks, rather than the previous approach which prioritized control of the ransomware itself. It’s Groove whom the babuk ransomware needs to thank for its fame.
The Darkside ransomware gang is enhancing its extortion tactics to interfere with the valuation of stocks of companies that are listed on NASDAQ or other stock markets. The Darkside ransomware operators are stepping up their extortion tactics targeting companies that are listed on NASDAQ or other stock markets with a new technique.
Ransomware attacks targeting governments, businesses, hospitals, and private individuals are rising. You are neither safe on your private nor public network, as ransomware can encrypt your files and hold them hostage. We will look at the features of some of the best ransomware protection that you can run on your systems.
This year has seen ransomware groups adapt and innovate, pushing the boundaries of their malicious capabilities and evasiveness from law enforcement. The ransomware sector, in particular, has witnessed the emergence of “business models,” with ransomware-as-a-service (RaaS) dominating the scene.
and Australia in sanctioning and charging a Russian man named Dmitry Yuryevich Khoroshev as the leader of the infamous LockBit ransomware group. Pin was active on Opensc around March 2012, and authored 13 posts that mostly concerned data encryption issues, or how to fix bugs in code. Last week, the United States joined the U.K.
Encryption and the development of cryptography have been a cornerstone of IT security for decades and remain critical for data protection against evolving threats. While cryptology is thousands of years old, modern cryptography took off in the 1970s with the help of the Diffie-Hellman-Merkle and RSA encryption algorithms.
One of the most common ways such access is monetized these days is through ransomware , which holds a victim’s data and/or computers hostage unless and until an extortion payment is made. THE DOCTOR IS IN. ” WHO IS DR. . Have a Coke and a Molotov cocktail. Image: twitter.com/multivpn.
Google has announced that it has carried out a study on over 80 million ransomware samples, out of which Israel submitted most. In the year 2020, GandCrab ransomware as a service group was termed to be super-active, targeting most of the private entity networks. And only 4% found targeting android machines followed by Linux.
Ransomware – Stop’em Before They Wreak Havoc madhav Thu, 05/18/2023 - 06:03 Cybercriminals have been making a run on your data with ransomware attacks over the last decade in increasing frequency. What is Ransomware? Ransomware is a vicious type of malware that infects your laptop/desktop or server.
A ransomware attack has disrupted operations at INA Group, Croatia’s biggest oil company, and its largest petrol station chain. “Market supply is secure. “Multiple sources have told ZDNet the cyber-attack is a ransomware infection that infected and then encrypted some of the company’s backend servers.”
A recent report from Tenable highlights how DeepSeek R1, an open-source AI model, can generate rudimentary malware, including keyloggers and ransomware. Key findings from Tenable's report Tenable's research team investigated DeepSeek R1's ability to generate malicious code, specifically a keylogger and a simple ransomware program.
FBI confirmed that the attack against the Colonial Pipeline over the weekend was launched by the Darkside ransomware gang. Federal Bureau of Investigation confirmed that the Colonial Pipeline was shut down due to a cyber attack carried out by the Darkside ransomware gang. The pipeline allows carrying 2.5 Pierluigi Paganini.
A ransomware attack targeted on Taiwan-based Laptop Manufacturer Gigabyte is said to have halted the production operation of the company from the past few days. Preliminary investigation has proved that few of the servers related to manufacturing were hit badly by the file encrypting malware.
As the world marks the second Anti-Ransomware Day, there’s no way to deny it: ransomware has become the buzzword in the security community. Yet, much of the media attention ransomware gets is focused on chronicling which companies fall prey to it. Part I: Three preconceived ideas about ransomware.
Maze ransomware operators have leaked online the unencrypted files allegedly stolen from Canon during a recent ransomware attack. Now the Maze ransomware operators have published unencrypted files allegedly stolen the Canon during the ransomware attack. SecurityAffairs – hacking, Maze ransomware operators).
Related: ‘IABs’ spread ransomware. Planning your roadmap, executing your projects, and keeping an eye on the barrage of ransomware headlines, it’s understandable if you and your team are feeling some anxiety. Data collections released after ransomware attacks. There are many facets to what I’ll call “The Underground.”
Thales Named Overall Leader in KuppingerColes Leadership Compass Data Security Platforms madhav Tue, 03/25/2025 - 07:37 Thales has been named an Overall Leader in the 2025 KuppingerCole Leadership Compass in the Data Security Platforms category, earning this top ranking for its products, innovation, and market presence.
During a ransomware attack, it is critical to detect and respond early and quickly. By decreasing your mean time to detection in identifying the attacker’s behavior, your security team can quickly investigate and respond timely to prevent a ransomware incident. Endpoint ransomware protection.
Earlier this week, KrebsOnSecurity revealed that the darknet website for the Snatch ransomware group was leaking data about its users and the crime gang’s internal operations. It continues: “Prior to deploying the ransomware, Snatch threat actors were observed spending up to three months on a victim’s system.
BullWall , global leaders in ransomware containment, and researchers with Cybersecurity Insiders, today published the Cybersecurity Insiders 2023 Ransomware Report. We’ve been researching the state of ransomware for years, but a new trend is now starting to emerge. This research was very interesting for us,” said Holger Schulze.
The e-commerce software platform X-Cart suffered a ransomware attack at the end of October, e-stores hosted by the company went down. At the end of October, the e-commerce software platform X-Cart suffered a ransomware attack, the infection brought down customers’ e-stores hosted by the company on its platform.
VPN Infrastructures Allure for Threat Actors PNs have become a fundamental part of network security for organizations worldwide, enabling secure remote access to systems, encrypting sensitive data during transmission, and protecting internal networks from unauthorized access.
Encrypted flash drives, essentially secure storage on a stick, are a proven technology that has been readily available for at least 15 years. And yet today there is a resurgence in demand for encrypted flash drives. And yet today there is a resurgence in demand for encrypted flash drives.
Tape vendors have been promoting themselves as a solution to the ransomware problem because of their ability to provide air-gapped data backup, but trying to recover terabytes of data from a tape drive can be a little like, well, running into red tape. Since all the system data is encrypted, the hackers have admin/root privileges.
NASDAQ displays in Times Square deliver stock market information to traders. Brazen ransomware groups are continuing to seek out new avenues to rake in profits and ratchet up pressure on victims. Either way, he is not aware of any other ransomware group using this apparently novel tactic. “In bfishadow on Flickr, CC BY 2.0
The post Spotlight: ShardSecure on Protecting Data At Rest Without Encryption appeared first on The Security Ledger with Paul F. Marc is the Head of Marketing at ShardSecure. Encryption tools for securing that data are widely available, but they come with costs both in management overhead and in speed of access.
Ransomware attacks on large enterprises like Colonial Pipeline dominate the headlines. But did you know small and medium-size businesses (SMBs) account for at least half of all ransomware attacks, if not closer to two-thirds, according to the U.S. 1 In fact, ransomware is the most common cyberthreat that SMBs face. What it is.
In fact, WhatsApp would rather cease serving UK users, which make up 2% of its global market, than weaken its end-to-end encryption (E2EE). At the moment, organizations cannot scan end-to-end encrypted messages. The bill does not seek to undermine end-to-end encryption in any way," he said. This means breaking E2EE.
Thales Named Overall Leader in KuppingerColes Leadership Compass Data Security Platforms madhav Tue, 03/25/2025 - 07:37 Thales has been named an Overall Leader in the 2025 KuppingerCole Leadership Compass in the Data Security Platforms category, earning this top ranking for its products, innovation, and market presence.
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