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…
Data Breach Notification, Data Privacy, Data Security Ransomware Attack Reveals Critical Vulnerabilities in Healthcare Resilience and Vendor Dependency Marianne Kolbasuk McGee (HealthInfoSec) • February 21, 2025 The February 2024 ransomware attack on Change Healthcare disrupted operations for numerous healthcare providers and affected sensitive health data of 190 million individuals. (Image:…
Recent insights from the Food and Agriculture Information Sharing and Analysis Center (ISAC) indicate that ransomware attacks targeting businesses in the Food & Agriculture sectors are expected to rise in frequency and severity in the coming weeks. The report, titled “Farm to Table Ransomware Realities,” reveals a sharp 27% increase…
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…
The FBI has announced a significant breakthrough in the fight against ransomware, collaborating with the UK’s National Crime Agency, Europol, and law enforcement from countries including France, Germany, Japan, Romania, Switzerland, Thailand, Spain, and Bavaria to apprehend four individuals linked to extensive cybercrime operations. These arrests are believed to be…
