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…
The FBI has raised alarms about a rising trend of dual ransomware attacks targeting organizations, a phenomenon that has been increasingly observed since July 2023. These coordinated attacks involve the deployment of multiple ransomware variants against a single victim, with notable malware strains including AvosLocker, Diamond, Hive, Karakurt, LockBit, Quantum,…
An alarming trend has emerged as the AvosLocker ransomware group has been implicated in attacks targeting crucial infrastructure sectors across the United States, with some incidents surfacing as recently as May 2023. This information comes from a comprehensive cybersecurity advisory jointly issued by the U.S. Cybersecurity and Infrastructure Security Agency…
Change Healthcare has confirmed that it has informed approximately 100 million Americans of a potential data breach related to a ransomware attack that occurred in February 2024. This incident represents the largest recorded breach of protected health information in the country. It has affected wide segments of the U.S. healthcare…
A recent analysis has uncovered a new ransomware variant known as RansomHub, which is believed to be a rebranded and updated version of Knight ransomware, itself a successor to the Cyclops strain. This evolution in ransomware is indicative of the persistent threat landscape that cybersecurity professionals face today. Knight ransomware,…
