The RansomHub ransomware group has emerged as a significant cyber threat, with reports indicating it has successfully compromised and encrypted data from over 210 victims since its formation in February 2024, according to U.S. government sources. The attackers are linked to an operation that has selected targets across a wide…
New Ransomware Variant Cicada3301 Targets SMBs with Sophisticated Techniques Cybersecurity researchers have recently unveiled a new strain of ransomware identified as Cicada3301, which bears resemblance to the now-defunct BlackCat operation (also known as ALPHV). This emerging ransomware poses a significant threat, particularly to small and medium-sized businesses (SMBs), according to…
Recent ransomware attacks have escalated, impacting organizations across the globe and leaving no sector untouched. A report from Trustwave SpiderLabs reveals a substantial uptick in attacks, particularly in the United States, where the financial sector, including banks and credit unions, has experienced an alarming concentration of incidents. This year alone…
