The operators behind Groove ransomware are calling on other extortion gangs to join forces to attack the U.S. public sector, according to chatter seen on underground forums, reports malware research organization vx-underground, citing a blog posted by the gang on a Russian site.
Findings from CyberTheory's 2021 Third Quarter Review indicate that criminals are exploiting the open-source supply chain, and those exploits are proving much more difficult to identify, defend and stop in terms of complexity and depth than we've seen before, says CyberTheory's director, Steve King.
Several characteristics of the Hive ransomware group make the threat actor particularly menacing to its victims, which include healthcare sector targets, says Adam Meyers, vice president of intelligence at security firm CrowdStrike.
Who's been launching distributed denial-of-service attacks against ransomware operators' sites and cybercrime markets? Disrupting ransomware operations that rely on Tor-based data leak sites and payment portals for double extortion is an obvious move for cutting into their profits.
The actor behind the cyberattack targeting SolarWinds customers - Nobelium - is continuing its campaign to target the global IT supply chain, according to a new advisory from Microsoft, which says 140 resellers and tech service providers have been notified that they have been targeted by the group.
Following an outage of the REvil - aka Sodinokibi - ransomware operation due to coordinated law enforcement efforts involving the U.S. and foreign partners, the operators behind DarkSide ransomware have moved bitcoin worth almost $7 million to multiple new wallets, making it more difficult to track.
Threat group FIN7 has set up a website posing as a security company to recruit talent, according to fraud intelligence company Gemini Advisory. The aim of the scam was to lure security researchers who could help the group with penetration testing-related activities to enable ransomware attacks.
The outages of the notorious REvil - aka Sodinokibi - ransomware operation have been due to a coordinated law enforcement effort involving the U.S. and foreign partners, aimed at disrupting the group's attack capabilities, Reuters reports.
The latest edition of the ISMG Security Report features an analysis of whether businesses are stepping up their ransomware defenses in response to several warnings released by the U.S. and U.K. governments highlighting the threat posed to infrastructure. Also featured are the Thingiverse data breach and airline fraud...
Disturbing findings from a recent study examining the impact of ransomware attacks on patient care must serve as a wake-up call for the healthcare sector to intensify its preparedness to deal with such incidents, say Larry Ponemon of research firm Ponemon Institute and Ed Gaudet of risk management firm Censinet. The...
In a busy congressional day for cybersecurity legislation, the U.S. House of Representatives passed several bills on Wednesday, targeting both software supply chain and telecommunication system security. One observer describes them as "a win-win for the government and U.S. citizens."
When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
Four extradited Eastern European men have pleaded guilty in U.S. court to one count of conspiring to serve as administrators of a bulletproof hosting service that facilitated online attacks using the Zeus, SpyEye and Citadel Trojans and the Blackhole exploit kit, says the U.S. Department of Justice.
Is there any bigger cybercrime soap opera than the life and times of ransomware operators? Take the REvil, aka Sodinokibi, ransomware-as-a-service operation, which feels like it's disappeared and reappeared more times than the secret, identical twin of the protagonist in your favorite melodrama.
Researchers at cybersecurity firm Trend Micro have observed the adoption of a new franchise-based business model by ransomware operators that moves away from the traditional ransomware-as-a-service model. Operators now rebrand a "supplier" ransomware before deployment.
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