December 3, 2024 at 03:07PM ENGlobal, an American energy contractor, is facing limited IT system access following a ransomware incident detected on November 25. The company is investigating and mitigating the breach, which involved unauthorized access and encryption of data. ENGlobal serves high-profile clients, including government departments, making it a prime target for cybercriminals. **Meeting … Read more
November 27, 2024 at 03:39AM INTERPOL’s Operation Serengeti resulted in the arrest of 1,006 suspects across 19 African countries and dismantled 134,089 cybercrime networks. It targeted ransomware, digital extortion, and scams, resulting in over $193 million in global losses. Multiple countries collaborated, with significant contributions from private cybersecurity firms. ### Takeaways from Meeting Notes on … Read more
November 26, 2024 at 03:43PM Interpol’s two-month operation, Serengeti, arrested 1,006 suspects across 19 African countries, targeting cybercrime linked to 35,000 victims and nearly $193 million in losses. The collaboration with Afripol emphasized enhancing law enforcement capabilities and addressing emerging threats like AI-driven malware and advanced cyberattacks, marking significant progress in combating cybercrime. ### Meeting … Read more
November 26, 2024 at 02:17PM Operation Serengeti, coordinated by Interpol and Afripol, resulted in over 1,000 arrests across 19 African countries for major cybercrimes causing nearly $193 million in losses. Authorities dismantled numerous scams and recovered around $44 million, targeting ransomware, email fraud, and online scams with significant operations in Kenya, Senegal, and Nigeria, among … Read more
September 19, 2024 at 07:31PM A new ransomware gang, Valencia Ransomware, emerged, claiming to have stolen data from several major organizations. They include the city of Pleasanton, Globe Pharmaceuticals Limited, Satia Industries, Duopharma Biotech Berhad, and Tendam. The gang has started leaking sensitive information on the dark web, potentially exposing personal, financial, and company data. … Read more
May 6, 2024 at 10:19PM Ransomware attacks have evolved into psychological warfare as criminals resort to increasingly personal and aggressive tactics, such as contacting executives’ family members and disrupting critical services. The shift from targeting companies to individuals poses new dilemmas, particularly for healthcare organizations handling sensitive data. Cryptocurrency has facilitated extortion, making it challenging … Read more
January 3, 2024 at 03:37AM Emsisoft advocates for a total ban on ransom payments following a surge in ransomware attacks on US organizations, costing nearly $1.5 million each on average to rectify. It pointed to record-breaking attacks in 2023, including those on hospitals, schools, and government bodies. The report also highlights concerns about the need … Read more