Security News

Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery
2024-04-23 10:22

Cybersecurity breaches can be devastating for both individuals and businesses alike. While many people tend to focus on understanding how and why they were targeted by such breaches, there's a...

Ransomware group maturity should influence ransom payment decision
2024-04-11 13:07

Your organization has been hit by ransomware and a decision has to be made on whether or not to make the ransom payment to get your data decrypted, deleted from attackers' servers, and/or not leaked online. The decision will depend on a variety of factors but, according to GuidePoint Security, an important one should be the overall maturity and prominence of the ransomware operators who pulled off the attack.

INC Ransom claims to be behind 'cyber incident' at UK city council
2024-04-02 11:15

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INC Ransom claims responsibility for attack on NHS Scotland
2024-03-28 10:27

NHS Scotland says it managed to contain a ransomware group's malware to a regional branch, preventing the spread of infection across the entire institution.The INC Ransom group this week claimed responsibility for the assault on 'NHS Scotland', saying it stole 3TB worth of data while leaking a small number of sensitive files.

INC Ransom threatens to leak 3TB of NHS Scotland stolen data
2024-03-27 17:59

The INC Ransom extortion gang is threatening to publish three terabytes of data allegedly stolen after breaching the National Health Service of Scotland. In a post yesterday, the cybercriminals shared multiple images containing medical details and said that they would leak data "Soon," unless the NHS pays a ransom.

BlackCat ransomware turns off servers amid claim they stole $22 million ransom
2024-03-04 17:44

The ALPHV/BlackCat ransomware gang has shut down its servers amid claims that they scammed the affiliate responsible for the attack on Optum, the operator of the Change Healthcare platform, of $22 million. Today, BleepingComputer confirmed the ransomware operations negotiation sites are now shut down as well, indicating a further deliberate take down of the ransomware gang's infrastructure.

LockBit's contested claim of fresh ransom payment suggests it's been well hobbled
2024-03-04 03:15

Infosec in brief The infamous LockBit ransomware gang has been busy in the ten days since an international law enforcement operation took down many of its systems. LockBit quickly set up a new website and updated it with a list of forthcoming victim ransom deadlines - one of which included data allegedly stolen from Fulton County, Georgia.

EquiLend back in the saddle as ransom payment rumors swirl
2024-02-06 15:45

Global securities finance tech company EquiLend's systems are now back online after announcing a disruptive ransomware attack nearly two weeks ago. Providing regular updates via a dedicated web page, EquiLend almost completed its full restoration last week, waiting only for its data and analytics solutions to get back up and running.

Paying ransoms is becoming a cost of doing business for many
2024-02-06 04:00

Today's pervasive cyberattacks are forcing the majority of companies to pay ransoms and break their 'do not pay' policies, with data recovery deficiencies compounding the problem, according to Cohesity. All respondents said they need over 24 hours to recover data and restore business processes, and just 7% said their company could recover data and restore business processes within 1-3 days.

BTC-e server admin indicted for laundering ransom payments, stolen crypto
2024-02-02 15:33

Aliaksandr Klimenka, a Belarusian and Cypriot national, has been indicted in the U.S. for his involvement in an international cybercrime money laundering operation. The U.S. DoJ alleged back then that the platform was used to launder funds stolen during the hack of Japanese crypto exchange platform Mt. Gox, as well as ransom payments for the Locky, Cerber, NotPetya, WannaCry, and Spora ransomware operations.