December 2, 2024 at 10:04PM A massive data breach linked to the MOVEit file transfer tool has exposed personal data of hundreds of thousands of employees from major corporations, including Xerox and Bank of America. The hacker “Nam3L3ss” leaked employee details such as names, contact information, and job titles, raising concerns over potential social engineering … Read more
April 9, 2024 at 08:27AM In 2023, the CL0P ransomware gang rose to prominence as one of the most active and successful groups worldwide, known for aggressive tactics targeting large organizations. Their methods included Ransomware-as-a-Service and quadruple extortion, significantly impacting ransomware payments. SecurityHQ highlighted the need for proactive defense, threat monitoring, and industry-specific security measures … Read more
February 20, 2024 at 03:17PM Ransomware attacks in 2023 saw a 20% increase in median initial ransom demands, reaching $600,000. Sectors such as legal, government, retail, and energy are seeing median demands of $1 million or more. LockBit, BlackCat/ALPHV, and Cl0p were the primary groups carrying out attacks, with LockBit dominating the market. Key takeaways … Read more
October 10, 2023 at 04:33AM A study conducted by Secureworks revealed that cyber attackers are now deploying ransomware within 24 hours of gaining initial access to a victim’s environment. In nearly two-thirds of cases, ransomware was deployed within a day, and in over 10% of incidents, it was deployed within five hours. This marks a … Read more