Feb 12, 2024NewsroomVulnerability / Data Recovery Cybersecurity researchers have uncovered an "implementation vulnerability" that has made it possible to reconstruct encryption keys and decrypt data locked by Rhysida ransomware. The findings were published last week by a group of researchers from Kookmin University and the Korea Internet and Security Agency (KISA). "Through a … [Read more...] about Rhysida Ransomware Cracked, Free Decryption Tool Released
ransomware
3 Ransomware Group Newcomers to Watch in 2024
The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 4,368 cases. Figure 1: Year over year victims per quarter The rollercoaster ride from explosive growth in 2021 to a momentary dip in 2022 was just a teaser—2023 roared back with the same fervor as 2021, propelling existing groups and ushering in a wave of … [Read more...] about 3 Ransomware Group Newcomers to Watch in 2024
Carbanak Banking Malware Resurfaces with New Ransomware Tactics
Dec 26, 2023NewsroomMalware / Cybercrime The banking malware known as Carbanak has been observed being used in ransomware attacks with updated tactics. "The malware has adapted to incorporate attack vendors and techniques to diversify its effectiveness," cybersecurity firm NCC Group said in an analysis of ransomware attacks that took place in November 2023. "Carbanak returned … [Read more...] about Carbanak Banking Malware Resurfaces with New Ransomware Tactics
Play Ransomware Goes Commercial – Now Offered as a Service to Cybercriminals
Nov 21, 2023NewsroomRansomware-as-a-service The ransomware strain known as Play is now being offered to other threat actors "as a service," new evidence unearthed by Adlumin has revealed. "The unusual lack of even small variations between attacks suggests that they are being carried out by affiliates who have purchased the ransomware-as-a-service (RaaS) and are following … [Read more...] about Play Ransomware Goes Commercial – Now Offered as a Service to Cybercriminals
8Base Group Deploying New Phobos Ransomware Variant via SmokeLoader
The threat actors behind the 8Base ransomware are leveraging a variant of the Phobos ransomware to conduct their financially motivated attacks. The findings come from Cisco Talos, which has recorded an increase in activity carried out by cybercriminals. "Most of the group's Phobos variants are distributed by SmokeLoader, a backdoor trojan," security researcher Guilherme Venere … [Read more...] about 8Base Group Deploying New Phobos Ransomware Variant via SmokeLoader
New Ransomware Group Emerges with Hive’s Source Code and Infrastructure
Nov 13, 2023NewsroomCyber Threat / Malware The threat actors behind a new ransomware group called Hunters International have acquired the source code and infrastructure from the now-dismantled Hive operation to kick-start its own efforts in the threat landscape. "It appears that the leadership of the Hive group made the strategic decision to cease their operations and … [Read more...] about New Ransomware Group Emerges with Hive’s Source Code and Infrastructure
Europol Dismantles Ragnar Locker Ransomware Infrastructure, Nabs Key Developer
Europol on Friday announced the takedown of the infrastructure associated with Ragnar Locker ransomware, alongside the arrest of a "key target" in France. "In an action carried out between 16 and 20 October, searches were conducted in Czechia, Spain, and Latvia," the agency said. "The main perpetrator, suspected of being a developer of the Ragnar group, has been brought in … [Read more...] about Europol Dismantles Ragnar Locker Ransomware Infrastructure, Nabs Key Developer
FBI Warns of Rising Trend of Dual Ransomware Attacks Targeting U.S. Companies
Sep 30, 2023THNRansomware / Cyber Threat The U.S. Federal Bureau of Investigation (FBI) is warning of a new trend of dual ransomware attacks targeting the same victims, at least since July 2023. "During these attacks, cyber threat actors deployed two different ransomware variants against victim companies from the following variants: AvosLocker, Diamond, Hive, Karakurt, … [Read more...] about FBI Warns of Rising Trend of Dual Ransomware Attacks Targeting U.S. Companies
LockBit 3.0 Ransomware Builder Leak Gives Rise to Hundreds of New Variants
The leak of the LockBit 3.0 ransomware builder last year has led to threat actors abusing the tool to spawn new variants. Russian cybersecurity company Kaspersky said it detected a ransomware intrusion that deployed a version of LockBit but with a markedly different ransom demand procedure. "The attacker behind this incident decided to use a different ransom note with a … [Read more...] about LockBit 3.0 Ransomware Builder Leak Gives Rise to Hundreds of New Variants
The Role of the Ransomware Negotiator
Get exclusive insights from a real ransomware negotiator who shares authentic stories from network hostage situations and how he managed them. The Ransomware Industry Ransomware is an industry. As such, it has its own business logic: organizations pay money, in crypto-currency, in order to regain control over their systems and data. This industry's landscape is made up of … [Read more...] about The Role of the Ransomware Negotiator