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Mexico is investigating a ransomware attack targeting its legal affairs office, as confirmed by the president amidst growing cybersecurity concerns. Mexico’s president announced the government is investigating an alleged ransomware hack that targeted the administration’s legal affairs office. Knight, also known as Cyclops 2.0,
As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Growing losses from ransomware attacks have also emphasised that the current reality is not sustainable for insurers either.
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. government indicted Matveev as a top ransomware purveyor a year later, offering $10 million for information leading to his arrest.
Modern ransomware has two dimensions: pay to get your data back, and pay not to have your data dumped on the Internet. The Colonial Pipeline is another current high-profile ransomware victim. Ransomware has become the most profitable cybercrime business model, and until we solve those two problems, that’s not going to change.
Within the past few years, ransomware attacks have turned to critical infrastructure, healthcare, and government entities. Attackers have taken advantage of the rapid shift to remote work and new technologies. Add to that hacktivism due to global conflicts and U.S.
Global leaders want to carve out specific areas of critical infrastructure to be protected under international agreements from cyber attacks. But where does that leave others?
Russian Phobos ransomware operator Evgenii Ptitsyn, accused of managing attacks, was extradited from South Korea to the US to face cybercrime charges. Russian Phobos ransomware operator Evgenii Ptitsyn, suspected of playing a key role in the ransomware operations, was extradited from South Korea to the US to face cybercrime charges.
2021 will be remembered as the most disruptive year so far when it came to cyber attacks, with ransomware impacting businesses and governments — including critical infrastructure — as never before.
A Micronesian state suffered a ransomware attack and was forced to shut down all computers of its government health agency. A state in Micronesia, the state of Yap, suffered a ransomware attack, forcing the shutdown of all computers in its government health agency.
The company declined to discuss the exact cause of the disruption, but their response so far is straight out of the playbook for responding to ransomware incidents. Plano, Texas-based Tyler Technologies [ NYSE:TYL ] has some 5,300 employees and brought in revenues of more than $1 billion in 2019.
Several recently released cyber industry reports show steady or growing ransomware numbers in 2024 so far, and impacts on business and government have never been greater.
US authorities charged a dual Russian and Israeli national for being a developer of the LockBit ransomware group. Rostislav Panev, 51, a dual Russian-Israeli national, was charged as a LockBit ransomware developer. The man is accused of being a LockBit ransomware developer from 2019 through at least February 2024.
Companies victimized by ransomware and firms that facilitate negotiations with ransomware extortionists could face steep fines from the U.S. federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today. Image: Shutterstock.
The FBI, CISA, and MS-ISAC have issued a joint cybersecurity advisory warning organizations about Ghost (Cring) ransomware, a sophisticated cyber threat that has been compromising critical infrastructure, businesses, and government entities worldwide. All they need is one successful attempt to gain initial access."
A city is the victim of a ransomware attack. This story seems straightforward. They repeatedly lie to the media about the severity of the breach. A security researcher repeatedly proves their statements to be lies. The city gets mad and sues the researcher.
The DarkSide ransomware affiliate program responsible for the six-day outage at Colonial Pipeline this week that led to fuel shortages and price spikes across the country is running for the hills. The DarkSide message includes passages apparently penned by a leader of the REvil ransomware-as-a-service platform.
ENGlobal Corporation disclosed a ransomware attack, discovered on November 25, disrupting operations, in a filing to the SEC. A ransomware attack disrupted the operations of a major energy industry contractor, ENGlobal Corporation. No ransomware gang has claimed responsibility for the attack. million year-to-date.
.” Intrinsec found Prospero has courted some of Russia’s nastiest cybercrime groups, hosting control servers for multiple ransomware gangs over the past two years. A second story claimed that Israeli spies caught Russian government hackers using Kaspersky software to search customer systems for files containing U.S.
Change Healthcare says it has notified approximately 100 million Americans that their personal, financial and healthcare records may have been stolen in a February 2024 ransomware attack that caused the largest ever known data breach of protected health information. Image: Tamer Tuncay, Shutterstock.com.
healthcare giant Change Healthcare has made a $22 million extortion payment to the infamous BlackCat ransomware group (a.k.a. BlackCat is known as a “ransomware-as-service” collective, meaning they rely on freelancers or affiliates to infect new networks with their ransomware. There are indications that U.S.
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.
Costa Rica’s national health service was hacked sometime earlier this morning by a Russian ransomware group known as Hive. The intrusion comes just weeks after Costa Rican President Rodrigo Chaves declared a state of emergency in response to a data ransom attack from a different Russian ransomware gang — Conti.
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. This attack underscores a critical lesson for businesses: even the most vital institutions, such as a city government, are vulnerable to cyberthreats.
A Russian man identified by KrebsOnSecurity in January 2022 as a prolific and vocal member of several top ransomware groups was the subject of two indictments unsealed by the Justice Department today. Previous reporting here revealed that Matveev’s alter egos included “ Orange, ” the founder of the RAMP ransomware forum.
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.
A number of publications in September warned about the emergence of “ Groove ,” a new ransomware group that called on competing extortion gangs to unite in attacking U.S. government interests online. 22 post from Groove calling for attacks on the United States government sector. ” reads the Oct.
Romanian national was sentenced to 20 years in prison for his role in NetWalker ransomware attacks, pleading guilty to fraud charges in June. Romanian national Daniel Christian Hulea, 30, was sentenced to 20 years in prison for his role in NetWalker ransomware attacks. and foreign government organizations. in restitution.”
Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.
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. Image: Varonis. ” Meanwhile, the U.S.
Ransomware Activity Targeting the Construction Sector Ransomware remains the biggest threat to the sector, as demonstrated by the 41% rise in organizations appearing on data-leak sites over the past year.
A Ukrainian security researcher this week leaked several years of internal chat logs and other sensitive data tied to Conti , an aggressive and ruthless Russian cybercrime group that focuses on deploying its ransomware to companies with more than $100 million in annual revenue. “There will be panic. 428 hospitals.”
Resecurity found an LFI flaw in the leak site of BlackLock ransomware, exposing clearnet IPs and server details. Resecurity has identified a Local File Include (LFI) vulnerability in Data Leak Site (DLS) of BlackLock Ransomware. BlackLock Ransomware was named as one of the fastest-growing ransomware strains for today.
Deloitte has responded to claims by the Brain Cipher ransomware group, which alleges the theft of over 1 terabyte of the company’s data. Recently, the ransomware group Brain Cipher added Deloitte UK to its Tor leak site. The Brain Cipher ransomware group has been active since at least April 2024.On
Hackers likely stole personal information such names, addresses, and SSNs in a ransomware attack on Rhode Island's human services systems and are threatening to release the data as state and federal officials and Deloitte scrambling to mitigate the data breach.
The post Stoli Vodka: Bankrupt After Ransomware Attack appeared first on Security Boulevard. Absolutely un-fabulous: Smells like Russia is responsible, but reality is a bit more complicated.
It is good to see US government leaders realize that ransomware is a growing existential threat to our country, at the hands of our adversaries. A top US national cybersecurity advisor stated in a recent op-ed , “This is a troubling practice that must end.” The government is looking at ways to disrupt ransomware attacks.
Medusa ransomware has claimed nearly 400 victims since January 2023, with attacks increasing by 42% between 2023 and 2024. The Symantec Threat Hunter Team reported that the Medusa ransomware operators have claimed nearly 400 victims since January 2023. Experts tracked the Medusa ransomware activity as Spearwing.
26, KrebsOnSecurity began following up on a tip from a reliable source that an aggressive Russian cybercriminal gang known for deploying ransomware was preparing to disrupt information technology systems at hundreds of hospitals, clinics and medical care facilities across the United States. On Monday, Oct. hospitals and healthcare providers.”
Reports from cybersecurity companies in 2023 show mixed trends regarding the number of global data breaches, ransomware attacks, records affected and government costs. But one thing is clear: Cyber attack impacts steadily grow.
Microsoft says a ransomware gang calling itself H0lyGh0st may be sponsored by the North Korean government as a way for the country to offset its struggling economy. The post Why North Korean cybercriminals are targeting businesses with ransomware appeared first on TechRepublic.
In a post published Tuesday , SentinelOne researchers said they assessed with high confidence that based on the code and the servers Apostle reported to, the malware was being used by a newly discovered group with ties to the Iranian government.
The Washington Post reports that the FBI had a decryption key for the REvil ransomware, but didn’t pass it along to victims because it would have disrupted an ongoing operation. Also, a government assessment found the harm was not as severe as initially feared. Fighting ransomware is filled with security trade-offs.
Ransomware crippling governments and businesses. Exponential increases in global cyber crime. Nations ignoring cyber criminals operating on their soil. The time for international cooperation on cybersecurity is now.
Authorities dismantled the 8Base ransomware gang, shutting down its dark web data leak and negotiation sites. An international law enforcement operation, codenamed Operation Phobos Aetor, dismantled the 8Base ransomware gang. and Swiss governments sought the suspects, and Switzerland has requested their extradition.
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