The Russian-language criminal syndicate behind the notorious Conti ransomware has retired that brand name, after having already launched multiple spinoffs to make future operations more difficult to track or disrupt, threat intelligence firm Advanced Intelligence reports.
If you were a nation with legions of hackers at your disposal, seeking to sidestep crippling international sanctions, would you look to ransomware to fund your regime? That question is posed by new research that finds state-sponsored North Korean hackers haven't stopped their ransomware experiments.
As the Russia-Ukraine war continues, cybersecurity officials say the risk of attack spillover - and perhaps the direct targeting of critical infrastructure sectors outside Ukraine - remains high. The memo for CISOs is clear: Remain prepared.
Does it ever feel like you can't fight that REvil/Sodinokibi ransomware feeling anymore? Victims might be all out of love with attacks launched under the banner of the group, which is tied to more than $200 million in losses, but despite repeated disruptions, REvil keep returns - at least in name.
Two signs that the tide may finally, if slowly, be turning on ransomware: The number of victims who choose to pay continues to decline, while the amount they pay - when they choose to do so - recently dropped by one-third, reports ransomware incident response firm Coveware.
Don't stockpile cryptocurrency in case your organization falls victim to ransomware-wielding attackers and opts to pay a ransom. This might seem obvious to anyone aware of the volatility in Bitcoin's value, but some organizations reportedly used to employ this incident response strategy.
As Western cybersecurity officials warn that Russia's Ukraine invasion poses an elevated cybersecurity risk to all, kudos to Cloudflare, CrowdStrike and Ping Identity for offering free endpoint security and other defenses to the healthcare sector and power sectors, for at least four months.
Why didn't Russia unleash major cyberattacks against Ukrainian critical infrastructure ahead of its invasion troop advance? While theories abound, some experts warn that, unfortunately, this war and its cost to human life is only set to get worse.
Anyone trying to make sense of data breach trends faces a transparency challenge. Too often, a lack of detail undercuts consumers' ability to assess their identity theft risk and businesses' ability to block emerging attacks or ensure that their supply chains remain secure.
As Russia's invasion of Ukraine continues, what will happen next remains unclear. Accordingly, cybersecurity experts are again calling on organizations globally to focus on what they can control, including their cybersecurity defenses and business resiliency preparedness.
In case anyone doubts that Russia is the epicenter of ransomware operations, follow the money, as Chainalysis finds that "roughly 74% of ransomware revenue in 2021 - over $400 million worth of cryptocurrency - went to strains we can say are highly likely to be affiliated with Russia in some way."
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
The arrest of a married New Yorker couple, charged with laundering bitcoins worth $3.6 billion that were stolen from a currency exchange in 2016, highlights the risk facing anyone who wants to launder large amounts of cryptocurrency and stay free long enough to enjoy their alleged rap career.
The ransomware operation known as Alphv - aka BlackCat - appears to be a reboot of the DarkSide group, which rebranded as BlackMatter following serious encryption and victim-selection mistakes. Amid reports that Alphv has disrupted 17 oil terminals in Western Europe, how long until the next rebrand?
Endpoint detection and response software news: The entity formerly known as McAfee Enterprise and FireEye Products has a new name: Trellix. Think of a "security trellis to businesses across the globe, giving them support they need to keep them safe," says CEO Bryan Palma. Will customers and prospects buy in?
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing ransomware.databreachtoday.com, you agree to our use of cookies.
