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…
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…
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…
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…
This report covers topics such as Data Breach Notification, Data Security, and Fraud Management & Cybercrime. LockBit and BlackCat/ALPHV Decline Linked with Diminishing Big-Game Hunting Mathew J. Schwartz (euroinfosec) • February 6, 2025 While ransomware remains a lucrative avenue for operators, 2024 has seen a significant downturn in the financial…
In recent developments surrounding ransomware operations, evidence suggests that two prominent groups, AlphV and Lockbit, experienced significant setbacks amid heightened law enforcement scrutiny. AlphV, which reportedly extracted a staggering $22 million ransom from Change Healthcare, executed an “exit scam” shortly thereafter, pocketing the funds and vanishing without compensating the hackers…
Cyber Attacks Strike Healthcare Sector in Multiple States Recent cyber incidents have targeted healthcare organizations across the United States, compromising sensitive data for over 1.2 million patients. Notable victims include a California hospital system, an Alabama cardiology practice, and a community health network in Colorado. These breaches highlight the escalating…
In December 2024, ransomware attacks surged dramatically, underscored by a report from NCC Group, a UK-based information assurance firm. The uptick in cyber incidents coincided with the holiday season, a period when cybercriminals typically target organizations as employees are on leave, leaving systems vulnerable to exploitation. The holiday months see…
NEW DELHI: The notorious ransomware group known as Bashe has claimed responsibility for a breach of ICICI Bank’s database, one of India’s most prominent banking institutions. Reports circulating on the dark web indicate that the hackers have imposed a ransom deadline of January 24, 2025, threatening to release sensitive customer…
