ICBC hit by ransomware impacting global trades

November 10, 2023 at 03:06AM China’s largest bank, ICBC, experienced a ransomware attack that disrupted its financial services systems. The incident has impacted US Treasury markets and prevented the settling of trades on behalf of other market players. The attack exploited an unpatched Citrix Netscaler box. The ransomware gang LockBit is suspected to be behind … Read more

Kyocera AVX says ransomware attack impacted 39,000 individuals

November 9, 2023 at 05:10PM Kyocera AVX Components Corporation (KAVX), an American manufacturer of electronic components, experienced a data breach exposing personal information of 39,111 individuals following a ransomware attack. The breach occurred between February 16 and March 30, 2023. The hackers responsible, the LockBit ransomware gang, leaked stolen data that includes full names and … Read more

Boeing Breached by Ransomware, LockBit Gang Claims

October 30, 2023 at 03:00PM The ransomware group LockBit claims to have breached Boeing and threatens to release sensitive data if their ransom demands aren’t met by November 2. Boeing is evaluating the claim, and if true, it could lead to significant consequences, including an increased risk of phishing attacks. LockBit, known for their previous … Read more

LockBit alleges it boarded Boeing, stole ‘sensitive data’

October 29, 2023 at 10:36PM Notorious ransomware gang LockBit reportedly stole sensitive data from aerospace outfit Boeing, threatening to expose it if Boeing does not engage with them by November 2nd. Boeing is currently investigating the claim. If the data breach is confirmed, the ramifications could be significant as Boeing works with military clients and … Read more

The Week in Ransomware – October 13th 2023 – Increasing Attacks

October 13, 2023 at 06:31PM Ransomware attacks on enterprises are causing disruption and data breaches. Recent attacks include Air Canada being targeted by BianLian, and state courts in Northwest Florida being attacked by ALPHV. Simpson Manufacturing experienced a cybersecurity incident, and a threat actor leaked the source code for the Hello Kitty ransomware. Ransomware trends … Read more

Ransomware attacks doubled year on year. Are organizations equipped to handle the evolution of Ransomware in 2023?

October 13, 2023 at 07:48AM Ransomware attacks have become more sophisticated and adaptable, using new techniques and targeting vulnerabilities in networking devices. The healthcare sector has become a significant target, with a focus on stealing sensitive data. High-income organizations are preferred targets due to their ability to pay ransoms and the potential damage to their … Read more

Everest cybercriminals offer corporate insiders cold, hard cash for remote access

October 12, 2023 at 09:57AM The Everest ransomware group is seeking to recruit corporate insiders to gain access to corporate networks directly. The group is offering a percentage of the profits from successful attacks to those who assist in the initial intrusion, promising transparency and confidentiality. Everest is specifically targeting organizations in the US, Canada, … Read more

October 10, 2023 at 04:33AM – Ransomware attacks register record speeds thanks to success of infosec industry

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