Collaborate Disseminate
Medusa ransomware now operates as a RaaS model, recruiting affiliates from criminal forums to launch attacks, encrypt data, and extort victims worldwide. Continue reading Medusa Ransomware Strikes 300+ Targets: FBI & CISA Urge Immediate Action to #StopRansomware
Last week, the United States joined the U.K. and Australia in sanctioning and charging a Russian man named Dmitry Yuryevich Khoroshev as the leader of the infamous LockBit ransomware group. LockBit’s leader “LockBitSupp” claims the feds named the wrong guy, saying the charges don’t explain how they connected him to Khoroshev. This post examines the activities of Khoroshev’s many alter egos on the cybercrime forums, and tracks the career of a gifted malware author who has written and sold malicious code for the past 14 years. Continue reading How Did Authorities Identify the Alleged Lockbit Boss?
Ransomware payments hit an all-time high of $1.1 billion in 2023, following a steep drop in total payouts in 2022. Some factors that may have contributed to the decline in 2022 were the Ukraine conflict, fewer victims paying ransoms and cyber group takedowns by legal authorities. In 2023, however, ransomware payouts came roaring back to […]
The post Ransomware payouts hit all-time high, but that’s not the whole story appeared first on Security Intelligence.
Continue reading Ransomware payouts hit all-time high, but that’s not the whole story
See NCSC’s predictions for generative AI for cyber attack and defense through 2025. Continue reading National Cyber Security Centre Study: Generative AI May Increase Global Ransomware Threat
The ransomware group, which has distributed ransomware to more than 1,000 victims, reportedly recovered control of its website on Tuesday. Learn how to defend against ransomware. Continue reading BlackCat/ALPHV Ransomware Site Seized in International Takedown Effort
Ransomware has been part of the cyber crime ecosystem since the late 1980s and remains a major threat in the cyber landscape today. Evolving ransomware attacks are becoming increasingly more sophisticated as threat actors leverage vulnerabilities, social engineering and insider threats. While the future of ransomware is full of unknown threats, we can look to […]
The post The evolution of ransomware: Lessons for the future appeared first on Security Intelligence.
Continue reading The evolution of ransomware: Lessons for the future
In the worldwide battle against malicious cyberattacks, there is no organization more central to the fight than the Federal Bureau of Investigation (FBI). And recent years have proven that the bureau still has some surprises up its sleeve. In early May, the U.S. Department of Justice announced the conclusion of a U.S. government operation called […]
The post How the FBI Fights Back Against Worldwide Cyberattacks appeared first on Security Intelligence.
Continue reading How the FBI Fights Back Against Worldwide Cyberattacks
Top insights are in from this year’s IBM Security X-Force Threat Intelligence Index, but what do they mean? Three IBM Security X-Force experts share their thoughts on the implications of the most pressing cybersecurity threats, and offer guidance for what organizations can do to better protect themselves. Moving Left of Boom: Early Backdoor Detection Andy […]
The post Expert Insights on the X-Force Threat Intelligence Index appeared first on Security Intelligence.
Continue reading Expert Insights on the X-Force Threat Intelligence Index
The old days of “honest” ransomware gangs are long gone. In the past, ransomware groups pressured each other to honor file decryption promises after the ransom was paid. However, their motives were far from altruistic. They thought victims would be less willing to pay if word got out that their files would never be recovered. […]
The post Triple Extortion and Erased Data are the New Ransomware Norm appeared first on Security Intelligence.
Continue reading Triple Extortion and Erased Data are the New Ransomware Norm
In every industry, visionaries drive progress and innovation. Some call these pioneers “crazy”. The same rule applies to the world of cyber gangs. Most threat groups try to maintain a low profile. They don’t seem to trust anyone and want tight control over money flow. Then along came LockBit. Not only does the group maintain […]
The post How LockBit Changed Cybersecurity Forever appeared first on Security Intelligence.