April 16, 2024 at 09:47AM The LockBit ransomware group launched a sophisticated attack in West Africa using a leaked variant of LockBit 3.0. Kaspersky discovered this new variant and flagged its ability to generate custom, self-propagating ransomware. The attack involved using leaked privileged credentials and affected multiple systems. Organizations are advised to take preventive measures … Read more
April 5, 2024 at 09:06AM SecurityWeek’s cybersecurity news roundup offers a weekly compilation of noteworthy stories in the cybersecurity landscape, including the CISA breach affecting 100,000 people, the US House banning Microsoft AI Copilot, and the prosecution of a UK nuclear waste site for cybersecurity failures. Other stories include a report on the LockBit ransomware … Read more
April 1, 2024 at 08:21AM Despite the wide range of security solutions available, organizations struggle with increasing Ransomware and cyber threats, creating economic, security, and operational risks. EventSentry offers a comprehensive, single-solution approach to detect and defend against malware attacks holistically, providing critical validation checks and extensive network visibility for prevention, detection, and continuous discovery. … Read more
March 21, 2024 at 03:07PM Ready-made access IABs have become essential to the ransomware ecosystem. Learn how to prevent them from exploiting your assets and halt their ability to profit. Based on the meeting notes, the main takeaway is the recognition of the ready-made access IABs as a significant component of the ransomware ecosystem. The … Read more
March 17, 2024 at 11:06PM Ransomware attacks, a serious threat globally, prompted Huawei to introduce the HiSec SASE Solution, offering advanced security features for governments, finance, healthcare, and more. The system boasts rapid threat handling, high detection performance, and intelligent features. With the rising ransomware attacks, organizations need to enhance their security measures, making HiSec … Read more
February 21, 2024 at 04:18AM Trend Micro and other private entities worked with INTERPOL on Operation Synergia, successfully taking down over 1,000 C&C servers and identifying suspects related to phishing, banking malware, and ransomware. Trend provided threat intelligence, aiding in the identification of malicious activities and culprits, ultimately contributing to the apprehension of 70 suspects. … Read more
February 20, 2024 at 08:51AM The UK’s National Crime Agency seized LockBit’s source code and intelligence in Operation Cronos, arresting two actors and freezing 200 cryptocurrency accounts. The agency dismantled servers, retrieved decryption keys, and took control of LockBit’s services to disrupt its criminal enterprise. LockBit, known for its ransomware attacks, made over $120 million … Read more
January 22, 2024 at 04:57AM Ransomware poses a severe threat to businesses, governments, and organizations worldwide, with potentially irreversible data loss and devastating economic and operational consequences. Data Resilience Strategist at Object First, Sterling Wilson, emphasizes the need for proactive cybersecurity measures, advocating for immutable backup storage solutions like Ootbi to protect valuable data from … Read more
January 10, 2024 at 03:01PM The text discusses the complex issue of ransomware and the potential effectiveness of banning ransom payments to curb attacks. It also touches on criminal tactics like threatening to involve police SWAT teams. The piece mentions a colleague’s opinion piece and invites further discussion. The episode features vultures Chris Williams, Brandon … Read more
December 19, 2023 at 09:39AM Halcyon, an Austin, Texas-based anti-ransomware company, has raised $40 million in a Series B funding led by Bain Capital Ventures. This brings their total investment this year to $90 million, facilitating an expansion of their engineering, R&D, and sales functions. The company is aggressively marketing its platform to enterprises, focusing … Read more