Cybersecurity researchers at Netenrich have uncovered a new ransomware group called Red Ransomware Group (Red CryptoApp). This group operates differently from typical ransomware outfits, adding a twist to their extortion tactics. Unlike most ransomware groups that keep their operations under wraps, Red CryptoApp appears to be taking an aggressive approach. According to Netenrich, the group […]
The BlackCat ransomware gang claims to have stolen 6TB of data from Change Healthcare, including sensitive information from various healthcare providers and insurance companies.
Fraud Management & Cybercrime , Ransomware US Healthcare Entities Are Firmly in Akira Ransomware Group’s Sights, Expert Warns Mathew J. Schwartz (euroinfosec) • March 12, 2024 Ransomware groups come and go, but the cybercriminals behind them are a constant. (Image: Shutterstock) Would LockBit by any other name be as dour? Russian-speaking ransomware groups […]
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 — […]
A ransomware gang accessed the personal information of more than 27,000 people on Stanford University servers during a cyberattack last year, the university warned this week. The California-based school began sending out breach notification letters this week, 10 months after the Akira ransomware gang first compromised the school’s systems. Stanford University released a statement on […]
European & US-based businesses are on high alert due to a recent ransomware strain known as “DoNex,” which has been actively infecting networks and taking victims. Cybersecurity professionals are working nonstop to comprehend the entire extent of the attack and create countermeasures in response to this emerging threat. Several companies have been listed as victims […]
Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. The bold mass extortion attempt comes just days after Incognito Market administrators […]
Over three-quarters of cyber incidents impacted small businesses in 2023, with ransomware having the biggest impact on these firms, according to a new Sophos report. The notorious LockBit group made up the highest number of small business ransomware incidents handled by Sophos Incident Response last year, at 27.59%. LockBit infections were considerably higher than the […]
Dive Brief: More than 2 in 5 ransomware attacks reported to the FBI in 2023 targeted organizations in a critical infrastructure sector, the agency said Thursday in its annual Internet Crime Report. Of the 2,825 ransomware attacks reported to the FBI last year, 1,193 hit critical infrastructure organizations. The proportion of ransomware attacks hitting critical […]