Cybersecurity experts from Google have issued a warning about the Scattered Spider hacking group, which is now shifting its focus from the UK to retail sectors in the United States. Scattered Spider, a group infamous for its disruptive attacks on UK retailers, is now actively targeting US retail companies. This…
Fraud Management & Cybercrime, Ransomware ‘Lite Panel’ Provides Easy Entry for Ransomware Operators at $777, Reports Researcher Mathew J. Schwartz (euroinfosec) • May 16, 2025 Ransomware groups are continually evolving their strategies to extort organizations, both large and small. The introduction of a more accessible “lite” version of LockBit’s ransomware-as-a-service…
Cybercrime, Fraud Management & Cybercrime, Geo Focus: The United Kingdom Mandiant Warns of Rising Vulnerabilities to Social Engineering Attacks Akshaya Asokan (asokan_akshaya) • May 6, 2025 Image: Shutterstock The teenage hacking group known as Scattered Spider has intensified its focus on specific sectors, with the retail industry now appearing to…
The Federal Bureau of Investigation (FBI) has unveiled its Internet Crime Report for 2024, highlighting a remarkable escalation in losses attributed to cybercrime, which now stand at approximately $16.6 billion. This staggering sum stems from a wealth of complaints received by the Internet Crime Complaint Center (IC3), which operates as…
The rise of ransomware attacks has emerged as a formidable challenge for businesses, frequently inflicting severe financial damage and threatening their very existence. As firms grapple with the aftermath of such breaches, many find the path to recovery almost insurmountable, often facing mounting downtime costs, expenses related to data recovery,…
In a striking development within the cybercrime arena, the notorious criminal faction known as EvilCorp has forged an alliance with the ransomware-as-a-service provider RansomHub. EvilCorp, notorious for its financial cyber offenses and suspected to be helmed by a former FSB officer, is set to enhance the scale and scope of…
The landscape of cybersecurity is witnessing a concerning evolution as recent reports indicate a surge in ransomware attacks. Traditionally, these attacks have been directed at individuals, corporations, and governmental bodies. However, cybersecurity specialists are now drawing attention to an alarming new tactic: the distribution of ransomware through online search queries.…
In recent years, ransomware attacks have increasingly targeted individuals, corporations, and governmental institutions. A troubling trend has emerged, wherein cybercriminals are utilizing search engines as a platform for distributing malware. This new tactic involves manipulating search results to lure victims into downloading harmful software. Victims of this phishing strategy often…
Rite Aid, a prominent retail pharmacy chain, is facing the repercussions of a significant data breach that compromised the personal information of millions of its customers. Following a cyberattack carried out by the RansomHub hacker group, approximately 2.2 million Rite Aid customers will receive a portion of a $6.8 million…
