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Ransomware payments dropped 35% in 2024

Ransomware payments saw a dramatic 35% drop last year compared to 2023, even as the overall frequency of ransomware attacks increased, according to a new report released by blockchain analysis firm Chainalysis.  The considerable decline in extortion payments is somewhat surprising, given that other cybersecurity firms have claimed that 2024 saw the most ransomware activity…

Justice Department unveils charges against alleged LockBit developer

The U.S. Department of Justice revealed charges Friday against Rostislav Panev, a dual Russian and Israeli national, for his alleged role as a developer in the notorious LockBit ransomware group. Panev was arrested in Israel following a U.S. provisional arrest request and is currently awaiting extradition. Authorities allege that Panev has been an instrumental figure…

Latest round of MITRE ATT&CK evaluations put cybersecurity products through rigors of ransomware 

MITRE Corporation released findings Wednesday from its latest round of ATT&CK evaluations, assessing the capabilities of enterprise cybersecurity solutions against some of the most prevalent ransomware tactics and North Korean malware. The sixth such evaluation from the nonprofit research organization measured 19 different vendors’ ability to protect enterprise systems by evaluating them against two prominent…

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