97% of organizations hit by ransomware turn to law enforcement

Sophos has released additional findings from its annual “State of Ransomware 2024” survey. According to the report, among organizations surveyed, 97% of those hit by ransomware over the past year engaged with law enforcement and/or official government … Continue reading 97% of organizations hit by ransomware turn to law enforcement

Feds Unmask LockBit Ransomware Leader as Dmitry Yuryevich Khoroshev

By Waqas
In a major blow to ransomware, international law enforcement has unmasked Dmitry Yuryevich Khoroshev, the leader of LockBit ransomware. Learn about the takedown, sanctions imposed, and the future of LockBit in a post-Khoroshev era.
This is a p… Continue reading Feds Unmask LockBit Ransomware Leader as Dmitry Yuryevich Khoroshev

ONCD report: ‘Fundamental transformation’ in cyber, tech drove 2023 risks

Evolving critical infrastructure risks, ransomware, supply chain exploitation, commercial spyware and AI were the top trends, the office reported.

The post ONCD report: ‘Fundamental transformation’ in cyber, tech drove 2023 risks appeared first on CyberScoop.

Continue reading ONCD report: ‘Fundamental transformation’ in cyber, tech drove 2023 risks

LockBit leader unmasked: US charges Russian national

Russian national Dmitry Khoroshev is “LockBitSupp”, the creator, developer and administator of the infamous LockBit ransomware group, according to UK, US and Australia law enforcement agencies. The US Justice Deparment has unsealed charges … Continue reading LockBit leader unmasked: US charges Russian national

US, UK authorities unmask Russian national as LockBit administrator

Dmitry Yuryevich Khoroshev is the driving force behind one of the most virulent ransomware syndicates in recent years, authorities said.

The post US, UK authorities unmask Russian national as LockBit administrator appeared first on CyberScoop.

Continue reading US, UK authorities unmask Russian national as LockBit administrator

Ransomware operations are becoming less profitable

As the number of real (and fake) victims of ransomware gangs continues to rise, the number of ransomware payments is falling, along with the average ransom payment. The reasons behind this decrease are many: increased cyber resilience of organizations … Continue reading Ransomware operations are becoming less profitable

Ransomware activity is back on track despite law enforcement efforts

Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global ran… Continue reading Ransomware activity is back on track despite law enforcement efforts

Ransomware activity is back on track despite law enforcement efforts

Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global ran… Continue reading Ransomware activity is back on track despite law enforcement efforts

BlackBasta claims Synlab attack, leaks some stolen documents

The BlackBasta ransomware / cyber extortion gang is behind the recent cyber attack that resulted in the temporary shutdown of operations at Synlab Italia. The group claimed the attack on their leak site on Saturday and says they have exfiltrated approx… Continue reading BlackBasta claims Synlab attack, leaks some stolen documents