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Ransomware Comes Back in Vogue for Cybercriminals

Ransomware came back into fashion for cybercriminals in the first half of 2023, insurers say, after a brief lull in early 2022. Cyber insurer Coalition said ransomware claims frequency rose by 27% across its policyholders in the first half of the year, from the second half of 2022.

This Cyber News was published on www.wsj.com. Publication date: Thu, 30 Nov 2023 23:19:27 +0000


Cyber News related to Ransomware Comes Back in Vogue for Cybercriminals

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1 year ago Heimdalsecurity.com
Ransomware Roundup - The Ransomware Roundup report aims to provide readers with brief insights into the evolving ransomware landscape and the Fortinet solutions that protect against those variants. This edition of the Ransomware Roundup covers the 8base ransomware. 8base ...
9 months ago Feeds.fortinet.com
Medusa Ransomware Turning Your Files into Stone - Unit 42 Threat Intelligence analysts have noticed an escalation in Medusa ransomware activities and a shift in tactics toward extortion, characterized by the introduction in early 2023 of their dedicated leak site called the Medusa Blog. The Unit 42 ...
8 months ago Unit42.paloaltonetworks.com
The Top 10 Ransomware Groups of 2023 - This article takes an in-depth look at the rise in ransomware attacks over the past year and the criminal groups driving the surge in cyber extortion. LockBit has established itself as one of the most notorious ransomware operations since emerging on ...
8 months ago Securityboulevard.com
Targeting homeowners' data - As these companies obtain a large amount of sensitive information from their customers, they become attractive targets for ransomware gangs to conduct double-extortion attacks. Finland is also warning of Akira ransomware increasingly targeting ...
8 months ago Bleepingcomputer.com
Ransomware's Impact May Include Heart Attacks, Strokes & PTSD - First-order harms: Direct targets of ransomware attacks. The increasing convergence of IT and OT leave physical infrastructures more vulnerable to ransomware, even though most ransomware operators lack the capability to directly compromise OT or ...
8 months ago Techrepublic.com
Ransomware trends and recovery strategies companies should know - Ransomware attacks can have severe consequences, causing financial losses, reputational damage, and operational disruptions. The methods used to deliver ransomware vary, including phishing emails, malicious websites, and exploiting vulnerabilities in ...
9 months ago Helpnetsecurity.com
The Week in Ransomware - This week was pretty quiet on the ransomware front, with most of the attention on the seizure of the BreachForums data theft forum. That does not mean there was nothing of interest released this week about ransomware. A report by CISA said that the ...
4 months ago Bleepingcomputer.com
The Week in Ransomware - Governments struck back this week against members of ransomware operations, imposing sanctions on one threat actor and sentencing another to prison. On Tuesday, the Australian, US, and UK governments announced sanctions against Aleksandr Gennadievich ...
8 months ago Bleepingcomputer.com
Waiting for the BlackCat rebrand - We saw another ransomware operation shut down this week after first getting breached by law enforcement and then targeting critical infrastructure, putting them further in the spotlight of the US government. While the Tor onion domain seizure was a ...
6 months ago Bleepingcomputer.com
The Week in Ransomware - Earlier this month, the BlackCat/ALPHV ransomware operation suffered a five-day disruption to their Tor data leak and negotiation sites, rumored to be caused by a law enforcement action. The FBI revealed this week that they hacked the BlackCat/ALPHV ...
9 months ago Bleepingcomputer.com
Ransomware in 2023 recap: 5 key takeaways - This provides the best overall picture of ransomware activity, but the true number of attacks is far higher. While some ransomware trends hardly changed over the last year, such as LockBit's continued dominance, ransomware criminals also challenged ...
7 months ago Malwarebytes.com
Declining Ransomware Payments: Shift in Hacker Tactics? - Several cybersecurity advisories and agencies recommend not caving into ransomware gangs' demands and paying their ransoms. It seems the tide is turning, with a decline in ransomware payments; this article explores the trend and what it might mean ...
7 months ago Securityboulevard.com
Ransomware Roundup - On a bi-weekly basis, FortiGuard Labs gathers data on ransomware variants of interest that have been gaining traction within our datasets and the OSINT community. The Ransomware Roundup report aims to provide readers with brief insights into the ...
6 months ago Feeds.fortinet.com
The Week in Ransomware - Today's column brings you two weeks of information on the latest ransomware attacks and research after we skipped last week's article. BleepingComputer has learned that some of the BlackCat/ALPHV affiliates are not buying the explanation and have ...
9 months ago Bleepingcomputer.com
Key Group uses leaked builders of ransomware and wipers | Securelist - The first discovered sample of Key Group, the Xorist ransomware, established persistence in the system by changing file extension associations. The .huis_bn extension added to encrypted files in the early versions of Key Group samples, Xorist and ...
1 week ago Securelist.com
The Week in Ransomware - An international law enforcement operation claims to have dismantled a ransomware affiliate operation in Ukraine, which was responsible for attacks on organizations in 71 countries. The threat actors are said to be affiliates of numerous ransomware ...
10 months ago Bleepingcomputer.com
Ransomware Roundup - On a bi-weekly basis, FortiGuard Labs gathers data on ransomware variants of interest that have been gaining traction within our datasets and the OSINT community. The Ransomware Roundup report aims to provide readers with brief insights into the ...
8 months ago Feeds.fortinet.com
Cisco Talos Report: New Trends in Ransomware, Network Infrastructure Attacks, Commodity Loader Malware - The Cisco Talos Year in Review report released Tuesday highlights new trends in the cybersecurity threat landscape. We'll focus on three topics covered: the ransomware cybercriminal ecosystem, network infrastructure attacks and commodity loader ...
10 months ago Techrepublic.com
What is Extortionware? How is It Different From Ransomware? - Let's look at how extortionware works, how it compares to ransomware and why the threat of extortionware is likely to continue growing in years to come. Once access is gained, the victim's data is stolen and analyzed to identify information that can ...
4 months ago Techtarget.com
VX-Underground malware collective framed by Phobos ransomware - A new Phobos ransomware variant frames the popular VX-Underground malware-sharing collective, indicating the group is behind attacks using the encryptor. Phobos launched in 2018 in what is believed to be a ransomware-as-a-service derived from the ...
10 months ago Bleepingcomputer.com
Dozens of countries will pledge to stop paying ransomware gangs - An alliance of 40 countries will sign a pledge during the third annual International Counter-Ransomware Initiative summit in Washington, D.C., to stop paying ransoms demanded by cybercriminal groups. Addressing reporters on Monday, Anne Neuberger, ...
10 months ago Bleepingcomputer.com
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9 months ago Techtarget.com
Best Ransomware Protection Practices for Midsize Organizations - Ransomware Protection has emerged as a crucial step in cybersecurity since ransomware attacks have become a major threat to businesses of all sizes, including midsize organizations. Ransomware attacks can be delivered via email attachments or links, ...
9 months ago Securityboulevard.com
The Evolving Landscape of Ransomware Attacks - 1.7 million ransomware attacks are happening every day. Many people think the virus has locked their computer, but it is actually the ransomware that has locked all their files. As the name ransomware suggests they are after ransom. Stealing or ...
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