Oct 18, 2024Ravie LakshmananInsider Threat / Cyber Espionage North Korean information technology (IT) workers who obtain employment under false identities in Western companies are not only stealing intellectual property, but are also stepping up by demanding ransoms in order to not leak it, marking a new twist to their financially motivated attacks. "In some instances, … [Read more...] about North Korean IT Workers in Western Firms Now Demanding Ransom for Stolen Data
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Cuba Ransomware Extorted Over $60 Million in Ransom Fees from More than 100 Entities
The threat actors behind Cuba (aka COLDDRAW) ransomware have received more than $60 million in ransom payments and compromised over 100 entities across the world as of August 2022. In a new advisory shared by the U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI), the agencies highlighted a "sharp increase in both the … [Read more...] about Cuba Ransomware Extorted Over $60 Million in Ransom Fees from More than 100 Entities
Medibank Refuses to Pay Ransom After 9.7 Million Customers Exposed in Ransomware Hack
Australian health insurer Medibank today confirmed that personal data belonging to around 9.7 million of its current and former customers were accessed following a ransomware incident. The attack, according to the company, was detected in its IT network on October 12 in a manner that it said was "consistent with the precursors to a ransomware event," prompting it to isolate its … [Read more...] about Medibank Refuses to Pay Ransom After 9.7 Million Customers Exposed in Ransomware Hack
Insurance Firm CNA Financial Reportedly Paid Hackers $40 Million in Ransom
U.S. insurance giant CNA Financial reportedly paid $40 million to a ransomware gang to recover access to its systems following an attack in March, making it one the most expensive ransoms paid to date. The development was first reported by Bloomberg, citing "people with knowledge of the attack." The adversary that staged the intrusion is said to have allegedly demanded $60 … [Read more...] about Insurance Firm CNA Financial Reportedly Paid Hackers $40 Million in Ransom
Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals
Colonial Pipeline on Thursday restored operations to its entire pipeline system nearly a week following a ransomware infection targeting its IT systems, forcing it to reportedly shell out nearly $5 million to regain control of its computer networks. "Following this restart, it will take several days for the product delivery supply chain to return to normal," the company said in … [Read more...] about Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals
Hackers Threaten to Leak D.C. Police Informants’ Info If Ransom Is Not Paid
The Metropolitan Police Department (MPD) of the District of Columbia has become the latest high-profile government agency to fall victim to a ransomware attack. The Babuk Locker gang claimed in a post on the dark web that they had compromised the DC Police's networks and stolen 250 GB of unencrypted files. Screenshots shared by the group, and seen by The Hacker News, include … [Read more...] about Hackers Threaten to Leak D.C. Police Informants’ Info If Ransom Is Not Paid