Ransomware incidences have recently surged, drawing attention to an emerging player in the cybercrime landscape. A group identifying itself as FunkSec has captured headlines by asserting responsibility for over 80 cyberattacks throughout December 2024, a claim underscored by a report from Check Point Software Technologies. FunkSec differentiates itself from other…
Recent trends in ransomware attacks reveal a concerning evolution in tactics, as highlighted by the latest Threat Report from ESET. This report identifies a significant shift towards state-sponsored cybercriminal activities, with orchestration increasingly coming from government-affiliated groups focused on disruption and financial gain. These actors leverage ransomware not only to…
In 2024, significant events in the realm of cybersecurity have underscored the growing threats businesses face in the digital age. A series of notable cyberattacks, data breaches, the emergence of new threat groups, and the exploitation of zero-day vulnerabilities have attracted attention from cybersecurity professionals and business owners alike. One…
3rd Party Risk Management, Critical Infrastructure Security, Fraud Management & Cybercrime Health Sector Faces Cybersecurity Challenges: Insights for 2025 Marianne Kolbasuk McGee (HealthInfoSec) • December 25, 2024 Image: Getty Images The healthcare sector experienced unprecedented cybersecurity challenges in 2024, highlighted by a staggering number of data breaches that impacted millions.…
As 2024 draws to an end, the cybersecurity landscape has witnessed an alarming surge in cyber threats. The increasing dependence on digital infrastructures has made both public and private sectors key targets for cybercriminals, leading to an uptick in significant ransomware attacks and data breaches throughout the year. This report…
Summary of Recent Ransomware Incident Involving Cicada3301 The ransomware group known as Cicada3301 has claimed responsibility for a significant data breach impacting Concession Peugeot, a well-known French automotive dealership associated with the Peugeot brand. According to the group, approximately 35GB of sensitive information has been compromised, further intensifying their ongoing…
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.…
