Cybersecurity

The effects of law enforcement takedowns on the ransomware landscape – Help Net Security

While the results of law enforcement action against ransomware-as-a-service operators Alphv/BlackCat and LockBit are yet to be fully realized, the August 2023 disruption of the Qakbot botnet has had one notable effect: ransomware affiliates have switched to vulnerability exploitation as the primary method of delivering the malware. The switch is obvious to Symantec’s Threat Hunter […]

Cybersecurity

LockBit takes credit for February shutdown of South African pension fund

The LockBit ransomware gang said it was behind an attack on South Africa’s government workers pension fund last month, which has hampered the organization’s operations and disrupted pension payments. The South African Government Pensions Administration Agency (GPAA) manages the money within the Government Employees Pension Fund (GEPF) — the largest pension fund in Africa — […]

Cybersecurity

Authorities Claim LockBit Admin “LockBitSupp” Has Engaged with Law Enforcement

LockBitSupp, the individual(s) behind the persona representing the LockBit ransomware service on cybercrime forums such as Exploit and XSS, “has engaged with law enforcement,” authorities said. The development comes following the takedown of the prolific ransomware-as-a-service (RaaS) operation as part of a coordinated international operation codenamed Cronos. Over 14,000 rogue accounts on third-party services like […]

Cybersecurity

LockBit gang claims the attack on the sandwich chain Subway

LockBit ransomware gang claims the attack on the sandwich chain Subway Pierluigi Paganini January 21, 2024 The LockBit ransomware gang claimed to have hacked Subway, the American multinational fast food restaurant franchise.  Subway IP LLC is an American multinational fast-food restaurant franchise that specializes in submarine sandwiches (subs), wraps, salads, and drinks. The Lockbit ransomware group added […]