The Week in Ransomware – October 27th 2023 – Breaking Records

October 27, 2023 at 02:36PM Ransomware attacks have reached record levels, with September experiencing a surge of activity. NCC Group and Check Point Software report substantial increases in attacks this year. Microsoft has identified Octo Tempest as one of the most dangerous financial criminal groups, involved in recent attacks on prominent organizations. In other news, … Read more

Microsoft: Octo Tempest is one of the most dangerous financial hacking groups

October 26, 2023 at 07:11PM Octo Tempest is a threat actor group tracked by Microsoft, specializing in data extortion and ransomware attacks. They have evolved their tactics over time, targeting organizations in various sectors and partnering with the ALPHV/BlackCat ransomware group. With advanced social engineering capabilities, they gain initial access through phishing, social engineering, and … Read more

Ransomware isn’t going away – the problem is only getting worse

October 25, 2023 at 11:30AM Ransomware attacks are becoming increasingly prevalent, with cybercriminals targeting not only large organizations but also small and medium-sized businesses. The rise of ransomware-as-a-service (RaaS) enables even novice attackers to launch devastating attacks. Recent incidents include the LockBit ransomware attack on the city of Oakland, the Royal ransomware attack on the … 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