Ransomware Related Topics 
Schneier on Security
MAY 21, 2021
In the first, hackers encrypt data with ransomware A and then re-encrypt that data with ransomware B. The other path involves what Emsisoft calls a “side-by-side encryption” attack, in which attacks encrypt some of an organization’s systems with ransomware A and others with ransomware B.
Schneier on Security
JUNE 2, 2021
The New York Times has a long story on the DarkSide ransomware gang. A glimpse into DarkSide’s secret communications in the months leading up to the Colonial Pipeline attack reveals a criminal operation on the rise, pulling in millions of dollars in ransom payments each month.
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Schneier on Security
MAY 10, 2021
This is a major story : a probably Russian cybercrime group called DarkSide shut down the Colonial Pipeline in a ransomware attack. This is the new and improved ransomware attack: the hackers stole nearly 100 gig of data, and are threatening to publish it. The pipeline supplies much of the East Coast.
Schneier on Security
MARCH 1, 2022
Nice piece of research : Abstract: Among the many types of malicious codes, ransomware poses a major threat. Ransomware encrypts data and demands a ransom in exchange for decryption. In this paper, we analyzed Hive ransomware, which appeared in June 2021. In this paper, we analyzed Hive ransomware, which appeared in June 2021.
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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.
Krebs on Security
MAY 14, 2021
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.
Schneier on Security
JANUARY 31, 2023
Chainalysis reports that worldwide ransomware payments were down in 2022. Ransomware attackers extorted at least $456.8 When we published last year’s version of this report, for example, we had only identified $602 million in ransomware payments in 2021. million from victims in 2022, down from $765.6
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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The losses companies suffered in 2023 ransomware attacks increased by 74% compared to those of the previous year, according to new data from the Federal Bureau of Investigation (FBI). Ransomware attackers can potentially paralyze not just private sector organizations but also healthcare facilities, schools, and entire police departments.
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