Will the notorious ransomware operation known as REvil, aka Sodinokibi, reboot yet again after someone apparently messed with its infrastructure? Experts suggest that the operation's brand is burned, and administrators will launch a new group. Many affiliates, meanwhile, already work with multiple groups.
The operators behind Groove ransomware are calling on other extortion gangs to join forces to attack the U.S. public sector, according to chatter seen on underground forums, reports malware research organization vx-underground, citing a blog posted by the gang on a Russian site.
Findings from CyberTheory's 2021 Third Quarter Review indicate that criminals are exploiting the open-source supply chain, and those exploits are proving much more difficult to identify, defend and stop in terms of complexity and depth than we've seen before, says CyberTheory's director, Steve King.
Who's been launching distributed denial-of-service attacks against ransomware operators' sites and cybercrime markets? Disrupting ransomware operations that rely on Tor-based data leak sites and payment portals for double extortion is an obvious move for cutting into their profits.
Following an outage of the REvil - aka Sodinokibi - ransomware operation due to coordinated law enforcement efforts involving the U.S. and foreign partners, the operators behind DarkSide ransomware have moved bitcoin worth almost $7 million to multiple new wallets, making it more difficult to track.
While ransomware might be today's top cybercrime boogeyman, attackers aren't infallible. The latest example: Errors in DarkSide - and its BlackMatter rebrand - enabled security experts to quietly decrypt many victims' files for free, saving millions in potential ransom payments.
Threat group FIN7 has set up a website posing as a security company to recruit talent, according to fraud intelligence company Gemini Advisory. The aim of the scam was to lure security researchers who could help the group with penetration testing-related activities to enable ransomware attacks.
The latest edition of the ISMG Security Report features an analysis of whether businesses are stepping up their ransomware defenses in response to several warnings released by the U.S. and U.K. governments highlighting the threat posed to infrastructure. Also featured are the Thingiverse data breach and airline fraud...
In a busy congressional day for cybersecurity legislation, the U.S. House of Representatives passed several bills on Wednesday, targeting both software supply chain and telecommunication system security. One observer describes them as "a win-win for the government and U.S. citizens."
When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
Four extradited Eastern European men have pleaded guilty in U.S. court to one count of conspiring to serve as administrators of a bulletproof hosting service that facilitated online attacks using the Zeus, SpyEye and Citadel Trojans and the Blackhole exploit kit, says the U.S. Department of Justice.
Is there any bigger cybercrime soap opera than the life and times of ransomware operators? Take the REvil, aka Sodinokibi, ransomware-as-a-service operation, which feels like it's disappeared and reappeared more times than the secret, identical twin of the protagonist in your favorite melodrama.
Ransomware and nation-state threats are daunting. But the threat that concerns Mustapha Kebbeh the most is supply chain risk. The Brinks CISO discusses how he has tackled this, as well as the challenges of tool complexity and peer collaboration.
A spate of ransomware incidents affecting the education sector has led to the loss of student coursework, financial records and data relating to COVID-19 testing. Matthew Trump, senior IT security officer for the University of London, U.K., outlines incident response strategies.
After being targeted by a ransomware attack in March 2021, Acer, one of the world's largest PC and device makers, has now suffered two further cyberattacks within a week. DESORDEN threat actors are reported to have claimed responsibility for the attacks.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
