Experts Expose Farnetwork's Ransomware-as-a-Service Business Model

Cybersecurity researchers have unmasked a prolific threat actor known as farnetwork, who has been linked to five different ransomware-as-a-service RaaS programs over the past four years in various capacities. Singapore-headquartered Group-IB, which attempted to infiltrate a private RaaS program...

How to Prevent Ransomware as a Service (RaaS) Attacks

Explore key insights on how ransomware as a service RaaS operators work and how to prevent ransomware attacks...

Malware distributor Storm-0324 facilitates ransomware access

The threat actor that Microsoft tracks as Storm-0324 is a financially motivated group known to gain initial access using email-based initial infection vectors and then hand off access to compromised networks to other threat actors. These handoffs frequently lead to ransomware deployment. Beginnin...

Mallox Ransomware Exploits Weak MS-SQL Servers to Breach Networks

Mallox ransomware activities in 2023 have witnessed a 174% increase when compared to the previous year, new findings from Palo Alto Networks Unit 42 reveal. "Mallox ransomware, like many other ransomware threat actors, follows the double extortion trend: stealing data before encrypting an...

LockBit Ransomware Evolving Tactics and Pervasive Impact in 2023

Threat Level Attack Report For a detailed threat advisory, download the pdf file here Summary LockBit ransomware is a highly impactful Ransomware-as-a-Service RaaS variant that targets critical sectors globally. Since 2020, victims in the US alone have paid around $91 million in ransom payments...

LockBit ransomware advisory from CISA provides interesting insights

The US Cybersecurity and Infrastructure Security Agency CISA, Federal Bureau of Investigation FBI, Multi-State Information Sharing and Analysis Center MS-ISAC, and the cybersecurity authorities of Australia, Canada, United Kingdom, Germany, France, and New Zealand CERT NZ, NCSC-NZ have all...

Understanding Ransomware Threat Actors: LockBit

SUMMARY In 2022, LockBit was the most deployed ransomware variant across the world and continues to be prolific in 2023. Since January 2020, affiliates using LockBit have attacked organizations of varying sizes across an array of critical infrastructure sectors, including financial services, food...

U.S. Offers $10 Million Bounty for Capture of Notorious Russian Ransomware Operator

A Russian national has been charged and indicted by the U.S. Department of Justice DoJ for launching ransomware attacks against "thousands of victims" in the country and across the world. Mikhail Pavlovich Matveev aka Wazawaka, m1x, Boriselcin, and Uhodiransomwar, the 30-year-old individual in...

QBot changes tactic, remains a menace to business networks

QBot, an infostealer-turned-dropper that aids criminal gangs in their malicious campaigns, is now being distributed as part of a phishing campaign using PDFs and Windows Script Files WSF, according to recent discoveries by malware hunter Proxylife @pr0xylife and the Cryptolaemus group...

LockBit ransomware on Mac: Should we worry?

One of the big headlines over the weekend is LockBit, the high-profile Russian ransomware gang, decided to expand its portfolio of potential victims by creating and releasing its first macOS payload, potentially triggering members of the Apple community to panic. But have no fear: Apple security...

Living Off the Land (LOTL) attacks: Detecting ransomware gangs hiding in plain sight

Regular readers of our monthly ransomware review read our April edition here know that Ransomware-as-a-Service RaaS gangs have been making headlines globally with their disruptive attacks on organizations. Sometimes, though, its not enough to merely know about of the problem. In order to truly...

Read The Manual Locker: A Private RaaS Provider

Read The Manual Locker: A Private RaaS Provider By Max Kersten · April 13, 2023 The underground intelligence was obtained by N074B07. Another day, another ransomware-as-a-service RaaS provider, or so it seems. We’ve observed the “Read The Manual” RTM Locker gang, previously known for their e-crim...

Agenda ransomware made its return with a Rust variant

Threat Level Attack Report For a detailed threat advisory, download the pdf file here Summary In addition to BlackCat, Hive, Luna, and RansomExx, Agenda is the latest ransomware strain to use the cross-platform programming language Rust. Ransomware-as-a-service RaaS group Agenda, attributed to an...

A Closer Look at Ransomware Attack Trends in APJ

Read about the surge of ransomware as a service RaaS cyberattack trends in APJ, and the infamous and prolific Conti group’s role in them...

What is ransomware-as-a-service and how is it evolving?

Ransomware attacks are becoming more frequent and costlier--breaches caused by ransomware grew 41 percent in the last year, the average cost of a destructive attack rising to $5.12 milllion. Whats more, a good chunk of the cyber criminals doing these attacks operate on a ransomware-as-a-service...

Ransomware review: September 2022

Malwarebytes Threat Intelligence builds a monthly picture of ransomware activity by monitoring the information published by ransomware gangs on their Dark Web leak sites. This information represents victims who were successfully attacked but opted not to pay a ransom. This article is also availab...

BlackCat Ransomware Attackers Spotted Fine-Tuning Their Malware Arsenal

The BlackCat ransomware crew has been spotted fine-tuning their malware arsenal to fly under the radar and expand their reach. "Among some of the more notable developments has been the use of a new version of the Exmatter data exfiltration tool, and the use of Eamfo, information-stealing malware...

Multiple ransomware data leak sites experience DDoS attacks, facing intermittent outages and connectivity issues

By Azim Khodjibaev, Colin Grady, Paul Eubanks. Since Aug. 20, 2022, Cisco Talos has been monitoring suspected distributed denial-of-service DDoS attacks resulting in intermittent downtime and outages affecting several ransomware-as-a-service RaaS data leak sites. While the source and origin of th...

Cyber Signals: Defend against the new ransomware landscape

Today, Microsoft is excited to publish our second edition of Cyber Signals, spotlighting security trends and insights gathered from Microsoft’s 43 trillion security signals and 8,500 security experts. In this edition, we pull back the curtain on the evolving cybercrime economy and the rise of...

U.S. Government Offers $10 Million Reward for Information on Conti Ransomware Gang

The U.S. State Department on Thursday announced a $10 million reward for information related to five individuals associated with the Conti ransomware group. The reward offer is also notable for the fact that it marks the first time the face of a Conti associate, known as "Target," has been...