Cybercrime, Fraud Management & Cybercrime, Ransomware Credit Rating Agency Predicts Rise in Big Game Hunting by Ransomware Gangs in 2025 David Perera (@daveperera) • December 9, 2024 Image: Shutterstock Moody’s Ratings has issued a warning that enhanced cybersecurity measures have led ransomware attackers to shift their focus toward larger organizations,…
Blue Yonder Targeted in Ransomware Attack by Termite Group In a recent development, technology firm Blue Yonder has confirmed it has fallen victim to a ransomware attack attributed to a threat actor known as Termite. This incident highlights the growing concerns surrounding cybersecurity within the tech industry and raises questions…
Deloitte Denies Claims of Major Cybersecurity Breach from Ransomware Group Brain Cipher Deloitte UK has categorically denied allegations of a significant cybersecurity breach put forth by the ransomware group known as Brain Cipher. The group has claimed to have acquired over 1 terabyte of sensitive data from Deloitte, asserting that…
BT Group Victimized by Black Basta Ransomware Attack British telecommunications company BT Group has recently suffered a significant cybersecurity breach, with its Conferencing division falling prey to a ransomware attack attributed to the hacking group Black Basta. This incident compelled BT Group to take specific servers offline as a precautionary…
Ransomware attacks have increasingly threatened both businesses and individuals, leading to significant financial ramifications and disruptions to operations. The fallout from these incidents goes well beyond the immediate monetary demands. Companies often endure extended downtime, incur steep costs related to risk mitigation, and face the necessity of upgrading their hardware…
Cybercrime, Fraud Management & Cybercrime, Incident & Breach Response Trinity Ransomware Group Claims Breach of Spanish Tax Agency, Law Firm Reports Significant Data Theft Anviksha More – December 5, 2024 Image: Shutterstock / ISMG Information Security Media Group (ISMG) provides a weekly overview of significant cybersecurity incidents and data breaches…
Finance & Banking, Fraud Management & Cybercrime, Industry Specific French Authorities Arrest Alleged Ryuk Money Launderer Ekatarina Zhdanova Akshaya Asokan ( asokan_akshaya) • December 4, 2024 Ekaterina Zhdanova, in an undated file photo. (Image: National Crime Agency) A major law enforcement investigation, spearheaded by the United Kingdom, has dismantled two…
In a significant development in the fight against cybercrime, Russian authorities have apprehended a notorious figure known as Wazawaka, believed to have deep connections with ransomware syndicates. This operation underscores ongoing efforts by law enforcement to dismantle the infrastructures supporting cybercriminal activities. The arrest illustrates a proactive approach taken by…
Cyberattack Disrupts Operations at UK’s Wirral University Teaching Hospital Wirral University Teaching Hospital (WUTH), a prominent healthcare provider in the UK and a part of the NHS Foundation Trust, has suffered a significant cyberattack that has considerably disrupted its operations. The incident, made public on Monday, has resulted in extensive…
