Cybercrime, Fraud Management & Cybercrime, Ransomware Members of Loosely Organized Group Recently Tied to Partnership With RansomHub Mathew J. Schwartz (euroinfosec) • November 21, 2024 There could be other spiders lurking near this web. (Image: Shutterstock) Recent developments revealed that five suspected members of the “Scattered Spider” cybercrime group have…
FBI Indicts Five Alleged Members of Cybercrime Group Linked to Cryptocurrency Thefts The U.S. government has unveiled charges against five individuals suspected to be affiliated with a loosely organized cybercriminal group known as "Scattered Spider." These charges, unsealed on November 20, 2024, stem from allegations that the group was responsible…
Cybersecurity Vulnerabilities Worsen in Massachusetts Amidwave of Data Breaches In Massachusetts, residents are experiencing a troubling surge in data breaches that is compromising personal information on an unprecedented scale. A recent report from Hoodline revealed that over 2,400 breaches occurred across the state last year, impacting nearly 7 million individuals.…
A botnet named Phorpiex has emerged as a significant player in the distribution of millions of phishing emails designed to deploy LockBit Black Ransomware. This cyberattack campaign was initially identified in October 2024 but is believed to have begun its operations as early as April 2024, as reported by the…
A concerning trend has emerged in the cybersecurity landscape, as identified by Kaspersky, the prominent cybersecurity firm with origins in Russia. Cybercriminal organizations are increasingly collaborating to optimize their gains by executing consecutive malware attacks. The strategy typically involves initial infiltration using information-stealing malware, followed subsequently by a ransomware attack,…
Ransomware incidents are increasingly dominating news cycles, causing significant turmoil across various sectors. Organizations are scrambling to recover operations following these attacks, while customers remain anxious about the integrity of their personal data. The repercussions associated with ransomware extend well beyond mere operational hiccups; they can severely tarnish reputations, cause…
Fraud Management & Cybercrime, Ransomware UN Members Call for Enhanced Resilience of Critical Infrastructure to Address Cyber Threats Mathew J. Schwartz (@euroinfosec) • November 11, 2024 Image: Shutterstock In a significant development, a Biden administration official highlighted during a United Nations Security Council briefing that ransomware has transcended its classification…
Microsoft recently reported the identification of a new variant of the BlackCat ransomware, also known as ALPHV or Noberus. This ransomware strain integrates tools such as Impacket and RemCom, enhancing its capabilities for lateral movement within compromised networks and facilitating remote code execution. The unveiling comes on the heels of…
The Rising Tide of Cyberattacks: Insights from BlackBerry’s Latest Analysis Recent insights into the frequency of cyberattacks reveal a concerning trend affecting businesses and organizations globally. The BlackBerry Threat Research and Intelligence Team conducted a comprehensive analysis covering a three-month period, from December 2022 to February 2023, utilizing real-world data…
