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 […]

The post How middlemen are giving ransomware gangs more attack options appeared first on CyberScoop.

Continue reading How middlemen are giving ransomware gangs more attack options

Revil hackers hit State Bank of Chile with ransomware attack

By Sudais Asif
REvil hackers (aka Sodinokibi group) was also behind several other ransomware attacks.
This is a post from HackRead.com Read the original post: Revil hackers hit State Bank of Chile with ransomware attack
Continue reading Revil hackers hit State Bank of Chile with ransomware attack

REvil gang threaten to auction celebrity data from Mariah Carey, Lebron James, MTV and more

The ransomware gang is threatening to auction celebrities’ legal documents stolen from the law firm it paralyzed in May. Continue reading REvil gang threaten to auction celebrity data from Mariah Carey, Lebron James, MTV and more

Stuck Between a Data Breach and a Ransom

2020 will be remembered for a whole host of reasons. Campfire stories will be told to grandchildren of when we all had to wear face masks, stand 2 meters apart and were not allowed to hug or shake hands. For those who hunt cybercriminals and attempt t… Continue reading Stuck Between a Data Breach and a Ransom

High-Profile Data Thefts Shine Spotlight on Dark Web

Recent ransomware threats leveled at President Trump, Lady Gaga and Madonna have raised awareness of the need to not only better secure data but also devoting more resources to determine what data has been exposed on the Dark Web. The cybercriminals w… Continue reading High-Profile Data Thefts Shine Spotlight on Dark Web

REvil Ransomware Gang Starts Auctioning Victim Data

The criminal group behind the REvil ransomware enterprise has begun auctioning off sensitive data stolen from companies hit by its malicious software. The move marks an escalation in tactics aimed at coercing victims to pay up — and publicly shaming those don’t. But it may also signal that ransomware purveyors are searching for new ways to profit from their crimes as victim businesses struggle just to keep the lights on during the unprecedented economic slowdown caused by the COVID-19 pandemic. Continue reading REvil Ransomware Gang Starts Auctioning Victim Data

This Service Helps Malware Authors Fix Flaws in their Code

Almost daily now there is news about flaws in commercial software that lead to computers getting hacked and seeded with malware. But the reality is most malicious software also has its share of security holes that open the door for security researchers or ne’er-do-wells to liberate or else seize control over already-hacked systems. Here’s a look at one long-lived malware vulnerability testing service that is used and run by some of the Dark Web’s top cybercriminals. Continue reading This Service Helps Malware Authors Fix Flaws in their Code