ransomware
LockBit leader unmasked: US charges Russian national
Russian national Dmitry Khoroshev is “LockBitSupp”, the creator, developer and administator of the infamous LockBit ransomware group, according to UK, US and …
Ransomware operations are becoming less profitable
As the number of real (and fake) victims of ransomware gangs continues to rise, the number of ransomware payments is falling, along with the average ransom payment. The …
Ransomware activity is back on track despite law enforcement efforts
Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 …
BlackBasta claims Synlab attack, leaks some stolen documents
The BlackBasta ransomware / cyber extortion gang is behind the recent cyber attack that resulted in the temporary shutdown of operations at Synlab Italia. The group claimed …
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 …
56% of cyber insurance claims originate in the email inbox
56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of …
Global attacker median dwell time continues to fall
While the use of zero-day exploits is on the rise, Mandiant’s M-Trends 2024 report reveals a significant improvement in global cybersecurity posture: the global median …
Behavioral patterns of ransomware groups are changing
Q1 saw substantial shifts in activity from some of the most prolific Ransomware-as-a-Service (RaaS) groups, according to GuidePoint Security. RaaS groups attempt to recruit …
Ransomware in Q1 2024: Frequency, size of payments trending downwards, SMBs beware!
More organizations hit by ransomware gangs are starting to realize that it doesn’t pay to pay up: “In Q1 2024, the proportion of victims that chose to pay touched …
Cheap ransomware for sale on dark web marketplaces is changing the way hackers operate
Since June 2023, Sophos X-Ops has discovered 19 junk gun ransomware variants — cheap, independently produced, and crudely constructed — on the dark web. The developers of …
Geopolitical tensions escalate OT cyber attacks
In this Help Net Security interview, Andrew Ginter, VP of Industrial Security at Waterfall Security, discusses operational technology (OT) cyber attacks and their 2024 Threat …
Ransomware group maturity should influence ransom payment decision
Your organization has been hit by ransomware and a decision has to be made on whether or not to make the ransom payment to get your data decrypted, deleted from …
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