Potent youth cybercrime ring made up of 1,000 people, FBI official says

The group known as Scattered Spider is one of the most impactful cybercrime groups working today and has proven elusive to law enforcement so far.  

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Organizations struggle to defend against ransomware

In this Help Net Security video, Jeremy Nichols, Director, Global Threat Intelligence Center at NTT Security Holdings, discusses a recent surge in ransomware incidents. After a down year in 2022, ransomware and extortion incidents increased in 2023. Mo… Continue reading Organizations struggle to defend against ransomware

Smashing Security podcast #371: Unmasking LockBitsupp, company extortion, and a Tinder fraudster

The kingpin of the LockBit ransomware is named and sanctioned, a cybersecurity consultant is charged with a $1.5 million extortion, and a romance fraudster defrauded women he met on Tinder of £80,000.

All this and much much more is discussed in the … Continue reading Smashing Security podcast #371: Unmasking LockBitsupp, company extortion, and a Tinder fraudster

Ransomware in Q1 2024: Frequency, size of payments trending downwards, SMBs beware!

More organizations hit by ransomware gangs are starting to realize that it doesn’t pay to pay up: “In Q1 2024, the proportion of victims that chose to pay touched a new record low of 28%,” ransomware incident response firm Coveware ha… Continue reading Ransomware in Q1 2024: Frequency, size of payments trending downwards, SMBs beware!

Omni Hotels & Resorts attack claimed by Daixin Team; 3.5 million guests’ data stolen (2)

As many people suspected, Omni Hotels & Resorts was the target of a ransomware attack in March. Omni first described the incident as a chain-wide “outage” due to IT issues. By April 1, guests were losing patience with the “outage…. Continue reading Omni Hotels & Resorts attack claimed by Daixin Team; 3.5 million guests’ data stolen (2)

Ransomware group maturity should influence ransom payment decision

Your organization has been hit by ransomware and a decision has to be made on whether or not to make the ransom payment to get your data decrypted, deleted from attackers’ servers, and/or not leaked online. The decision will depend on a variety o… Continue reading Ransomware group maturity should influence ransom payment decision