Iranian-Backed Pay2Key Ransomware Resurfaces with 80% Profit Share for Cybercriminals

An Iranian-backed ransomware-as-a-service RaaS named Pay2Key has resurfaced in the wake of the Israel-Iran-U.S. conflict last month, offering bigger payouts to cybercriminals who launch attacks against Israel and the U.S. The financially motivated scheme, now operating under the moniker...

Researchers Uncover Iranian State-Sponsored Ransomware Operation

Iran has been linked to yet another state-sponsored ransomware operation through a contracting company based in the country, according to new analysis. "Iran's Islamic Revolutionary Guard Corps IRGC was operating a state-sponsored ransomware campaign through an Iranian contracting company called...

A week in security (November 9 – November 15)

Last week on Malwarebytes Labs, we reported on multiple patch releases: from Mozillas Firefox and Thunderbird to Googles Chrome. We also had a chat with our resident experts, Adam Kujawa and John Donovan, about the future of IoT cybersecurity in our latest Lock and Code podcast episode. Lastly, w...