Arrest, Seizures Tied to Netwalker Ransomware

U.S. and Bulgarian authorities this week seized the darkweb site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims. In connection with the seizure, a Canadian national suspected of extorting more than $27 million through the spreading of NetWalker was charged in a Florida court. Continue reading Arrest, Seizures Tied to Netwalker Ransomware

NetWalker ransomware investigation yields arrest, big cryptocurrency seizure

In a coordinated, multi-part offensive against NetWalker ransomware attackers, law enforcement agencies announced Wednesday that they charged a Canadian national, seized nearly half a million dollars in cryptocurrency and disabled a dark web leak site. The NetWalker attackers have been part of a growing ransomware trend where the hackers hold stolen data hostage, leak a sample of it and threaten to release the rest in order to incentivize victims into paying. They’ve been gone after everyone from government agencies to hospitals to schools, and haven’t shied from exploiting the COVID-19 crisis. They’ve also sought to expand profits by offering their ransomware as a service to other cybercriminals, leading to reports of booming revenue in 2020. The number of overall ransomware attacks increased by 311% in 2020, according to recent research by Chainalysis, a cryptocurrency tracking firm. The charges against Sebastien Vachon-Desjardins, as well as the seizure of approximately $454,530.19 in […]

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Ransomware Attackers Buy Network Access in Cyberattack Shortcut

Network access to various industries is being offered in underground forums at as little as $300 a pop – and researchers warn that ransomware groups like Maze and NetWalker could be buying in. Continue reading Ransomware Attackers Buy Network Access in Cyberattack Shortcut

How middlemen are giving ransomware gangs more attack options

The last six months have seen damaging ransomware attacks on two multibillion-dollar IT firms, Conduent and Cognizant, with clients all over the world. The incidents locked computers across the companies, cut into revenue and required days, if not weeks, of clean up. A report published Monday by consulting giant Accenture warns that the kind of criminal groups behind those attacks have more options than ever for accessing corporate networks thanks to a thriving market for outsourced hacking. Accenture researchers are tracking more the 25 regular “network access sellers,” or people who specialize in breaching an organization’s networks and handing off that access to the highest bidder. The access sellers have frequented the same underground forums as the people involved with prolific strains of ransomware like NetWalker and Maze, the latter which was used against Cognizant. “Network access selling has progressed from a niche underground offering throughout 2017 to a central pillar of criminal underground […]

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Pakistani power supplier K-Electric hit by NetWalker ransomware attack

By Deeba Ahmed
K-Electric suffered a targeted ransomware attack by NetWalker ransomware operators that affected its billing and online services.
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Pakistani Electric Supply Company Struck by Netwalker Ransomware

An electric supply company based in Karachi, Pakistan suffered a Netwalker ransomware infection that disrupted its billing and online services. Bleeping Computer learned of the attack through Ransom Leaks, a ransomware researcher who received word from… Continue reading Pakistani Electric Supply Company Struck by Netwalker Ransomware

Hackers halted Argentina borders service after ransomware attack

By Deeba Ahmed
Argentina’s immigration agency network was compromised with the NetWalker ransomware attack.
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Ransomware Attack Halts Border Crossing for Four Hours in Argentina

In a rare occurrence, ransomware operators have managed to halt border crossing into and out of Argentina for four hours after infecting the National Direction of Migration with data-crippling malware. Government officials reportedly refused to negotia… Continue reading Ransomware Attack Halts Border Crossing for Four Hours in Argentina

Top 5 Ransomware Attacks to Watch Out for in 2021

Ransomware Attacks Double and Evolve Year-on-year! Security researchers have uncovered that year-on-year ransomware attacks are doubling in number. According to a report from
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