"How Cryptocurrency Gave Birth to the Ransomware Epidemic"
"Cryptocurrency has changed the game of cybercrime," argues Vice's Christian Devolu, in a new episode of their video series CRYPTOLAND. "Hackers and cybergangs have been locking down the data of large corporations, police departments, and even hospit.....»»
Ransomware attacks impact 20% of sensitive data in healthcare orgs
Recent cyber incidents demonstrate the healthcare industry continues to be a prime target for ransomware hackers, according to Rubrik. New research by Rubrik Zero Labs reveals that ransomware attacks produce larger impacts against these healthcare ta.....»»
Global ransomware crisis worsens
Ransomware and extortion incidents surged by 67% in 2023, according to NTT Security Holdings’ 2024 Global Threat Intelligence Report. Global ransomware crisis After a down year in 2022, ransomware and extortion incidents increased in 2023. More.....»»
97% of organizations hit by ransomware turn to law enforcement
Sophos has released additional findings from its annual “State of Ransomware 2024” survey. According to the report, among organizations surveyed, 97% of those hit by ransomware over the past year engaged with law enforcement and/or official gover.....»»
Ransomware mastermind LockBitSupp reveled in his anonymity—now he’s been ID’d
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
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 Australia law enforcement agencies. The US Justice Deparment has unsealed charge.....»»
The mastermind of the prolific ransomware group LockBit has finally been unmasked
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
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 reasons behind this decrease are many: increased cyber resilience of organization.....»»
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 2023, according to Corvus Insurance. In January, Corvus reported that global.....»»
Cybercrime stats you can’t ignore
In this article, you will find excerpts from various reports that offer stats and insights about the current cybercrime landscape. Behavioral patterns of ransomware groups are changing GuidePoint Security | GRIT Q1 2024 Ransomware Report |.....»»
SEC crypto crackdown continues with Robinhood as lawsuit looms
Robinhood accused SEC of creating a "world of confusion around crypto." Enlarge (credit: NurPhoto / Contributor | NurPhoto) Continuing its crackdown on cryptocurrency exchanges, the Securities and Exchange Commission (SE.....»»
Telcos keep using “insecure” Chinese gear because of congressional inaction
Congress only gave 38% of funds needed for "rip and replace," FCC chair says. Enlarge (credit: Getty Images | NurPhoto ) The US government has pressured telcos to rip out network gear made by Chinese companies Huawei and.....»»
Microsoft just gave us a first look at the future of its DNS services
Zero Trust DNS is coming, but Microsoft is still not exactly sure when......»»
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 the attack on their leak site on Saturday and says they have exfiltrated appr.....»»
Virsec releases security tools to offer ransomware protection
Virsec released TrustSight and TrustGuardian, its newest security tools in the fight against an ever-expanding threat environment – one where EDRs miss up to 30% of attacks, and ransomware detonates in milliseconds, according to various sources.....»»
Congress lets broadband funding run out, ending $30 low-income discounts
ACP gave out last $30 discounts in April; only partial discounts available in May. Enlarge (credit: Getty Images | Yuichiro Chino) The Federal Communications Commission chair today made a final plea to Congress, asking f.....»»
Health care giant comes clean about recent hack and paid ransom
Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»
Researchers suggest that mechanical pressure triggers a key event in HIV infection
It has been more than 40 years since the beginning of the HIV/AIDS epidemic and scientists still don't fully understand how HIV enters and replicates in human cells, which has hindered the development of treatments......»»
AMD’s canceled GPU could have crushed Nvidia
A new leak gave us a glimpse of what could have been AMD's RDNA 4 flagship GPU......»»
Scholars explain the ideology that says technology is the answer to every problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democ.....»»
Paper Mario: The Thousand-Year Door remake is full of quality of life updates
Nintendo gave us a close look at some of the changes coming to its upcoming Paper Mario: The Thousand-Year Door remake......»»