FBI Releases PIN on Attacks Using Significant Financial Events for Extortion

The Federal Bureau of Investigation FBI has released a Private Industry Notification PIN on ransomware actors using significant financial events, such as mergers and acquisitions, to target and leverage victim companies. CISA encourages users and administrators to review Ransomware Actors Use...

Ransomware Gangs Target Corporate Financial Activities

Ransomware gangs are zeroing in on publicly held companies with the threat of financial exposure in an effort to encourage ransom payments, the FBI is warning. In an alert issued this week PDF, the Bureau said that activity over the course of the past year shows a trend toward targeting companies...

Pirate Sports Streamer Gets Busted, Pivots to MLB Extortion

Demanding payment in exchange for not publicly disclosing a vulnerability isn’t the same as a bug bounty program; it’s extortion. A 30-year-old alleged sports content pirate in Minneapolis, Minn., has found himself on the receiving end of a criminal complaint alleging that he not only stole user...

SquirrelWaffle Loader Malspams, Packs Qakbot, Cobalt Strike

SquirrelWaffle, a new malware loader, is mal-spamming malicious Microsoft Office documents to deliver Qakbot malware and the penetration-testing tool Cobalt Strike – two of the most common threats regularly observed targeting organizations around the world. Cisco Talos researchers said on Tuesday...

REvil ransomware gang goes dark after its Tor sites are hacked

By Deeba Ahmed In July 2021 the REvil ransomware group vanished due to mounting US pressure after the Kaseya attack. However, the group was back in September 2021 by carrying out extortion-based DDoS attacks on ITSPs in the UK and Canada/America. The infamous REvil ransomware group has suddenly...

30 Mins or Less: Rapid Attacks Extort Orgs Without Ransomware

In less time than it takes to get a stuffed crust pizza delivered, a new group called SnapMC can breach an organization’s systems, steal their sensitive data, and demand payment to keep it from being published, according to a new report from NCC Group’s threat intelligence team — no ransomware...

How cyberattacks are changing according to new Microsoft Digital Defense Report

In 2021, cybercrime has become more sophisticated, widespread, and relentless. Criminals have targeted critical infrastructure—healthcare,1 information technology,2 financial services,3 energy sectors4—with headline-grabbing attacks that crippled businesses and harmed consumers. But there are...

Ransomware Hackers Who Attacked Over 100 Companies Arrested in Ukraine

Law enforcement agencies have announced the arrest of two "prolific ransomware operators" in Ukraine who allegedly conducted a string of targeted attacks against large industrial entities in Europe and North America since at least April 2020, marking the latest step in combating ransomware...

Conti Ransomware Expands Ability to Blow Up Backups

Good at identifying and obliterating backups? Speak Russian? The notorious Conti ransomware group may find you a fine hiring prospect. That’s according to a report published on Wednesday by cyber-risk prevention firm Advanced Intelligence, which details how Conti has honed its backup destruction ...

A guide to combatting human-operated ransomware: Part 2

This blog is part two of a two-part series focused on how Microsoft DART helps customers with human-operated ransomware. For more guidance on human-operated ransomware and how to defend against these extortion-based attacks, refer to our human-operated ransomware docs page. In part one of this bl...

A guide to combatting human-operated ransomware: Part 2

This blog is part two of a two-part series focused on how Microsoft DART helps customers with human-operated ransomware. For more guidance on human-operated ransomware and how to defend against these extortion-based attacks, refer to our human-operated ransomware docs page. In part one of this bl...

Canadian firm VoIP.ms hit by non-stop extortion-based DDoS attacks

By Waqas Although unconfirmed; the notorious REvil ransomware gang could be behind the DDoS attacks on VoIP.ms. Here's what we know so far. This is a post from HackRead.com Read the original post: Canadian firm VoIP.ms hit by non-stop extortion-based DDoS attacks...

Europol Breaks Open Extensive Mafia Cybercrime Ring

International law enforcement has busted up an extensive cybercrime operation run by a gang with ties to the Italian Mafia. The group allegedly used phishing attacks to defraud hundreds of victims. The suspects used various lures to convince victims mostly Italian nationals but also Spanish,...

Sextortion on the rise, warns FBI

The pandemic saw a surge in sextortion cases in 2020. Fast forward 12 months, and the numbers continue to rise significantly. This revelation came from the FBI Internet Crime Complaint Center IC3. Until 31 July 2021, it had received over 16,000 sextortion complaints, with victims losing a combine...

3 steps to prevent and recover from ransomware

On July 14, 2021, the National Cybersecurity Center of Excellence1 NCCoE at the National Institute of Standards and Technology2 NIST hosted a virtual workshop3 to seek feedback from government and industry experts on practical approaches to preventing and recovering from ransomware and other...

3 steps to prevent and recover from ransomware

On July 14, 2021, the National Cybersecurity Center of Excellence1 NCCoE at the National Institute of Standards and Technology2 NIST hosted a virtual workshop3 to seek feedback from government and industry experts on practical approaches to preventing and recovering from ransomware and other...

REvil gang hits UK ITSPs with series of extortion-based DDoS attacks

By Waqas Reportedly, the REvil ransomware gang is using DDoS attacks to make huge ransom demands from victim companies VoIP Unlimited and Voipfone. This is a post from HackRead.com Read the original post: REvil gang hits UK ITSPs with series of extortion-based DDoS attacks...

Cheap and nasty: How for $100 low-skilled ransom DDoS extortionists can cripple your business

Distributed Denial of Service DDoS attacks capable of crippling network resources and websites can be rented online for as little as $5 an hour. With an average financial impact of $100k for just one hour of downtime, that’s a serious return on cybercriminal investment. And that’s just for the...

Ransom DDoS: What you need to know now

According to the 2021 DDoS Threat Landscape Report, Ransom DDoS RDoS threats are on the rise. Imperva researchers have been monitoring threats against several of our customers where extortionists have demanded payment in BitCoin to prevent DDoS attacks. The attack patterns this year are very...

Researchers Warn of 4 Emerging Ransomware Groups That Can Cause Havoc

Cybersecurity researchers on Tuesday took the wraps off four up-and-coming ransomware groups that could pose a serious threat to enterprises and critical infrastructure, as the ripple effect of a recent spurt in ransomware incidents show that attackers are growing more sophisticated and more...