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Rebrand, regroup, ransomware, repeat

Changes witnessed over the last few years have led to larger ransomware groups breaking into smaller units, posing more considerable challenges for law enforcement. Ransomware actors are evading arrest more easily and adapting methods with innovative.....»»

Category: securitySource:  netsecurityAug 26th, 2024

On repeat: Biologists observe recurring evolutionary changes, over time, in stick insects

A long-standing debate among evolutionary scientists goes something like this: Does evolution happen in a predictable pattern or does it depend on chance events and contingency? That is, if you could turn back the clock, as celebrated scientist Steph.....»»

Category: topSource:  physorgRelated NewsMay 24th, 2024

2024 sees continued increase in ransomware activity

In this Help Net Security video, Ryan Bell, Threat Intelligence Manager at Corvus Insurance, discusses how ransomware will continue to grow in 2024. In January, Corvus reported that global ransomware attacks in 2023 set a record high, surpassing 2022.....»»

Category: securitySource:  netsecurityRelated NewsMay 23rd, 2024

Ransomware fallout: 94% experience downtime, 40% face work stoppage

Within the last 12 months, 48% of organizations identified evidence of a successful breach within their environment, according to Arctic Wolf. To fully understand the gravity of this statistic, it is important to understand that, although 48% of thes.....»»

Category: securitySource:  netsecurityRelated NewsMay 23rd, 2024

HHS pledges $50M for autonomous vulnerability management solution for hospitals

As organizations in the healthcare sector continue to be a prime target for ransomware gangs and CISA warns about a vulnerability (CVE-2023-43208) in a healthcare-specific platform being leveraged by attackers, the Advanced Research Projects Agency f.....»»

Category: securitySource:  netsecurityRelated NewsMay 23rd, 2024

US government spending $50m on auto-patcher for hospital IT

There is a lot at stake for the UPGRADE program as hackers continue to batter healthcare organizations with malware and ransomware......»»

Category: topSource:  pcmagRelated NewsMay 23rd, 2024

Week in review: New Black Basta’s social engineering campaign, passing the CISSP exam in 6 weeks

Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Black Basta target orgs with new social engineering campaign Black Basta, one of the most prolific ransomware-as-a-service operators, is trying out.....»»

Category: securitySource:  netsecurityRelated NewsMay 20th, 2024

Cybercriminals shift tactics to pressure more victims into paying ransoms

Ransomware didn’t just grow in the US in 2023, it evolved, with the frequency of ransomware claims jumping 64% year-over-year, according to At-Bay. This was primarily driven by an explosion in “indirect” ransomware incidents which increased.....»»

Category: securitySource:  netsecurityRelated NewsMay 20th, 2024

Penske Automotive looks to sell some CarShop stores in UK, rebrand others

Penske Automotive Group is considering closing one CarShop store in the U.K......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

Ransomware statistics that reveal alarming rate of cyber extortion

In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape. Global ransomware crisis worsens NTT Security Holdings | 2024 Global Threat Intelligence Report | May 20.....»»

Category: securitySource:  netsecurityRelated NewsMay 15th, 2024

Making iPadOS finally live up to the iPad’s overachieving hardware

Every time a new iPad Pro is released, the reviews repeat the same narrative: powerful hardware, hamstrung software. The M4 reviews have been no exception. This gap isn’t because of a lack of effort on Apple’s part. The company has continually.....»»

Category: topSource:  theglobeandmailRelated NewsMay 14th, 2024

Black Basta ransomware group is imperiling critical infrastructure, groups warn

Threat group has targeted 500 organizations. One is currently struggling to cope. Enlarge (credit: Getty Images) Federal agencies, health care associations, and security researchers are warning that a ransomware group tr.....»»

Category: topSource:  arstechnicaRelated NewsMay 13th, 2024

Black Basta target orgs with new social engineering campaign

Black Basta, one of the most prolific ransomware-as-a-service operators, is trying out a combination of email DDoS and vishing to get employees to download remote access tools. Black Basta TTPs and newest initial access attempts According to a cybers.....»»

Category: securitySource:  netsecurityRelated NewsMay 13th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 9th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 9th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024

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.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

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.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024