Notorious hacking group FIN7 adds ransomware to its repertoire

Ransomware strains such as Maze, Ryuk and BlackCat have increasingly been part of FIN7’s playbook in recent years, Mandiant says.

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Complicated Calculated Solution to 3D-Printed Puzzle

3D printers have made a lot of things possible that were either extremely difficult or downright impossible with traditional tooling. Certain shapes lend themselves to 3D printing, and materials and …read more Continue reading Complicated Calculated Solution to 3D-Printed Puzzle

Researchers find financial ties between notorious ransomware gangs

The number of ransomware strains that lock up systems throughout the global internet might suggest an immeasureable number of independent hackers are plundering victims’ data. In fact, new research suggests that digital extortion specialists are more closely connected than they may appear. Researchers at Chainalysis, a software firm that works with law enfocement agencies, on Thursday said they have found connections that suggest collaboration between hackers who have used the Maze, Egregor, SunCrypt and DoppelPaymer hacking tools. Each of these groups operate as ransomware-as-a-service, meaning they lease access to their malware to affiliates who then run ransomware attacks, which can make attribution trickier. When tracking some recent ransom payments to the Maze gang through a series of intermediaries, researchers determined that Maze was sharing some of the payout with a suspected SunCrypt cutout, according to a blog on the research, which was published Thursday. Maze has been tied to attacks […]

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Health Care Remains a Prime Target for Ransomware Attacks

It’s easy to be distracted by the flood of other distressing news each day, but the FBI, CISA and HHS recently urged the health care industry to stay on high alert for malware; especially ransomware attacks. The FBI’s warning included the statement, “… Continue reading Health Care Remains a Prime Target for Ransomware Attacks

Ransomware hackers launder bitcoin through just a handful of locations, researchers find

It’s starting to look like the ransomware industry is developing its own version of the 1%, where a small number of players enjoy most of the wealth.  Cybercrime investigators have suggested the spiraling trend of increasingly large ransomware cash demands and attack frequency is not the work of a large number of criminals, but instead the result of a specialized black market economy in which hackers will different skill-sets collaborate on a breach, then split the proceeds. A relatively small number of attack groups actually seem to make up most of that black market economy, offering their malicious software on a rental basis and then taking a sizable chunk of the profits and relying on money laundering to cover their tracks.  Researchers now are tracking more of this activity via the blockchain, an accessible ledger through which public bitcoin transactions are recorded. When ransomware victims pay attackers to unlock their systems to decrypt their […]

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Ransomware Gangs Not Honoring Ransom Payments for Stolen Data

Security researchers observed that multiple ransomware gangs are not honoring the ransom payments received from victims for their stolen data. In its Quarterly Ransomware Report for Q3 2020, Coveware revealed that almost 50% of crypto-malware cases inv… Continue reading Ransomware Gangs Not Honoring Ransom Payments for Stolen Data