In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “BlackCat”), considered to be the first professional cybercrime group to create and use a ransomware strain in the Rust programming language. In this post, we’ll…
Tag: Darkside
Security Bloggers, Security Vendor News
Ten of the Biggest Ransomware Attacks of 2021
by Anthony M. Freed •
There were nearly 500 million ransomware attacks in the first half of 2021. As reported by Help Net Security, security researchers detected 190.4 million ransomware attempts in Q3 2021 alone, which brought the total volume of attacks up to …
Security Bloggers, Security Vendor News
Five Ransomware Myths that Leave Businesses Vulnerable
by Anthony M. Freed •
In June 2021, The Washington Post identified five ransomware myths that could cloud organizations’ security strategies. It’s been a few months since the list was released, so Let’s see how those myths are looking as we launch into Q1 of 202…
Europe, Global Security News, North America
At Request of U.S., Russia Rounds Up 14 REvil Ransomware Affiliates
by BrianKrebs •
The Russian government said today it arrested 14 people accused of working for “REvil,” a particularly aggressive ransomware group that has extorted hundreds of millions of dollars from victim organizations. The Russian Federal Security Service (FSB) s…
Europe, Global Security News, North America
Best of 2021 – DarkSide Ransomware Gang Struck Down — but by Whom?
by Richi Jennings •
DarkSide, hackers of the Colonial Pipeline, has hurriedly shut up shop. It claims that its servers and cryptocurrency balances have disappeared.
The post Best of 2021 – DarkSide Ransomware Gang Struck Down — but by Whom? appeared first on Securi…
Security Bloggers, Security Vendor News
History’s Most Notorious Ransomware Gangs
by Anthony M. Freed •
In a recent study, titled Ransomware: The True Cost to Business, we found that the costs of ransomware have increased for organizations. We learned that two-thirds of organizations experienced significant revenue loss following a ransomware…
Security Vendor News
REvil ransomware gang allegedly forced offline by law enforcement counterattacks
by Paul Ducklin •
One down. Lots more to go. Here’s what to do…
Europe, Global Security News, North America
What is Driving the Surge of Ransomware Attacks?
by Cybereason Security Team •
Some major ransomware attacks have dominated the headlines recently. Back in the beginning of May, for instance, the Colonial Pipeline Company suspended its daily transportation of 100 million gallons of fuel between Houston, Texas and New York H…
Europe, Global Security News, North America
Nuspire Report Confirms Massive Spike in Ransomware Attacks
by Michael Vizard •
Nuspire, a provider of managed security services, published a report today that found a 55,239% increase in ransomware activity a few weeks prior to the Colonial Pipeline ransomware attack conducted by DarkSide ransomware group. Josh Smith, a cyberthr…
Europe, Global Security News, North America
Prevention is Better Than Cure: The Ransomware Evolution
by SecurityExpert •
Ransomware tactics have continued to evolve over the years, and remain a prominent threat to both SMBs and larger organisations. Particularly during the peak of COVID-19, research by IBM found that ransomware incidents ‘exploded’ in June 2020, which …
Europe, Global Security News, North America
Busted: Taking Down Ransomware Attackers
by Cybereason Security Team •
Ransomware has been big news this year. In March, the REvil/Sodinokibi ransomware gang infected Acer and demanded $50 million—the highest ransom demand from any ransomware group up to that point. That same gang then turned around a month later an…