Tag: ransomware

Here you will find all the articles with the tag: ransomware.

LockBit falters under pressure from competitors and copycats

LockBit falters under pressure from competitors and copycats

LockBit has been claiming a hefty share of ransomware damage for years. Now the criminal organization is in danger of being pushed away by competing gangs and malicious actors that imitate them. When LockBit was targeted by Europol and other authorities in February, the impact on the cybercrime ... Read more

date9 days ago
Four-year sentence for hacker of LockBit ransomware group

Four-year sentence for hacker of LockBit ransomware group

A cybercriminal has been sentenced to four years in prison. The man deployed LockBit ransomware software and was involved in the activities of the ransomware group. A key member of the LockBit ransomware group has been sentenced to four years in prison, Canadian broadcaster CTV News reports. A ... Read more

date1 month ago
LockBit returns with updated encryptors and new servers

LockBit returns with updated encryptors and new servers

LockBit restarted its operations after receiving a crackdown from police forces last week. The ransomware group launched a new website over the weekend to extort the victims it makes. However, the conclusion about the international action against LockBit is positive. How does the operation impact t... Read more

date2 months ago
Update: Schneider Electric hit by Cactus ransomware

Update: Schneider Electric hit by Cactus ransomware

Update 20/02/2024 - The Cactus hackers claim to have stolen 1.5TB of data. As proof, they leaked 25MB of the data on the dark web. They also published snapshots of US citizens' passports and scans of documents with a non-disclosure agreement. Original - French multinational Schneider Electric ha... Read more

date2 months ago
Ransomware payments reach record high: more than 1 billion euros

Ransomware payments reach record high: more than 1 billion euros

Last year, more than $1.1 billion (€1 billion) in ransom payments were made following a cyber attack. This beats the record from 2021. This is according to figures from Chainalysis. In 2021, ransomware payments amounted to $983 million, but the following year saw a significant drop. The amount... Read more

date2 months ago
AnyDesk hit by hack, certificates have been replaced

AnyDesk hit by hack, certificates have been replaced

AnyDesk was recently hit by a hack on its production systems in which certificates may have been stolen. It is said to not be a ransomware attack. No login credentials were captured, because they are not stored. According to AnyDesk, after the incident, a security audit revealed that some of the... Read more

date2 months ago
CyberArk releases online ransomware decryptor

CyberArk releases online ransomware decryptor

CyberArk recently released an online version of its open-source White Phoenix ransomware decryptor. With it, the company aims to help ransomware victims get their files back. CyberArk's White Phoenix ransomware decryptor was already available as a Python project on GitHub, but the security compa... Read more

date3 months ago
Majority of organizations pay up after ransomware attack

Majority of organizations pay up after ransomware attack

A new report from Barracuda Networks shows that cyber incidents are costing organizations millions. Attacks are also becoming a lot more sophisticated, with fears about the impact of AI. 57 percent of the 1,917 IT security professionals surveyed said they had experienced one or more cyber attack... Read more

date3 months ago
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