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The Russian ransomware group ‘Clop’ exploits a flaw in Progress Software’s MOVEit product suite in late May to steal data from unprotected networks. According to German cybersecurity research firm...
IBM released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in 2023 – an...
The Clop ransomware gang is copying an ALPHV ransomware gang extortion tactic by creating Internet-accessible websites dedicated to specific victims, making it easier to leak stolen...
The Clop ransomware gang is expected to earn between $75-100 million from extorting victims of their massive MOVEit data theft campaign. In a new report released today, Coveware...
This edition of the Week in Ransomware covers the last two weeks of news, as we could not cover it last week, and includes quite a...
A new ransomware strain dubbed, Mallox (aka TargetCompany, FARGO, and Tohnichi) is actively targeting and attacking Microsoft SQL (MS-SQL) servers. Since June 2021, this new ransomware strain has...
Cybersecurity vendor Sophos is being impersonated by a new ransomware-as-a-service called SophosEncrypt, with the threat actors using the company name for their operation. Discovered yesterday by MalwareHunterTeam,...
A 28 years old Former IT security analyst of an Oxford-based company has been sentenced to three years for deceiving the company to extort money. On...
A financially motivated cybercrime gang has been observed deploying BlackCat ransomware payloads on networks backdoored using a revamped Sardonic malware version. Tracked as FIN8 (aka Syssphinx), this threat...
The new NoEscape ransomware operation is believed to be a rebrand of Avaddon, a ransomware gang that shut down and released its decryption keys in 2021....
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