Tag LockBit

Mercenary Hacking Group Seems to Adopt Ransomware Tactics

Cybercrime, Fraud Management & Cybercrime, Ransomware New Ransomware Attack Linked to Seasoned Cyberespionage Group Mathew J. Schwartz (euroinfosec) • March 26, 2025 Image: Shutterstock A highly organized group of mercenary hackers, known as RedCurl, is reportedly evolving its tactics by deploying ransomware against hypervisors in focused and highly selective attacks.…

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Infosys Resolves Data Breach Class Action Lawsuits with $17.5 Million Settlement

Geo Focus: Asia, Geo-Specific, Litigation Ransomware Attack in 2023 Affected Over 6 Million Individuals Jayant Chakravarti (@JayJay_Tech) • March 17, 2025 Infosys Hartford Tech Innovation Hub in Connecticut (Image: Shutterstock) Infosys, an Indian IT services provider, has announced that its U.S. subsidiary, Infosys McCamish Systems, will pay $17.5 million to…

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Infosys Agrees to $17.5 Million Settlement in Data Breach Class Action Lawsuits

Geo Focus: Asia, Geo-Specific, Litigation Ransomware Attack in 2023 Affected Over 6 Million Individuals Jayant Chakravarti (@JayJay_Tech) • March 17, 2025 Infosys Hartford Tech Innovation Hub in Connecticut (Image: Shutterstock) In a significant cybersecurity incident, Indian IT services giant Infosys has disclosed that its U.S. subsidiary, Infosys McCamish Systems, has…

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LockBit Ransomware Group Issues Warning to FBI Director Kash Patel

In a recent cybersecurity incident, the LockBit ransomware group has allegedly targeted FBI Director Kash Patel. Reports have surfaced on social media indicating that the group has communicated its concerns regarding the FBI administration, suggesting that Patel is surrounded by staff who prioritize narrative control and misrepresentation over their operational…

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RansomHub: The Emerging Leader in Ransomware? Targeting 600 Companies in 2024

The emergence of RansomHub in 2024 marks a significant evolution in ransomware threats, impacting over 600 organizations following recent disruptions faced by established groups ALPHV and LockBit, as reported by Group-IB. Group-IB’s latest analysis, exclusively presented to Hackread.com, sheds light on the alarming ascent of ransomware-as-a-service models, with RansomHub identified…

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Financially Driven Hackers Collaborate with Espionage Operatives: A Mutual Assistance Network

On Thursday, researchers from Symantec announced a noteworthy development regarding the RA World ransomware group, which allegedly utilized a sophisticated toolset previously associated only with espionage operations linked to a Chinese threat group. This collaboration signifies a troubling convergence of ransomware and state-sponsored hacking capabilities. The toolset in question, identified…

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U.S. Government Imposes Sanctions on Russian Cybercrime Bulletproof Hosting Provider

Fraud Management & Cybercrime, Government, Industry Specific US, UK, and Australia Crack Down on Zservers for Its Role in Cybercrime Akshaya Asokan (asokan_akshaya) • February 12, 2025 Image: Shutterstock Authorities from the United States, the United Kingdom, and Australia have imposed sanctions on Zservers, a Russian bulletproof hosting service that…

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Ransomware Attackers Target Employees for Data Breach Access

In a concerning development for cybersecurity, everyday employees are being targeted by malicious actors, encouraging them to participate in ransomware operations against their own employers. Recent insights from GroupSense, a cybersecurity firm, reveal that malware operators are not only delivering ransomware notices but are also attempting to recruit victims to…

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