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Tag: extortion

  • News: Key figures behind Phobos and 8Base ransomware arrested in international cybercrime crackdown

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    by

    Kurt Seifried
    in

    Source URL: https://www.europol.europa.eu/media-press/newsroom/news/key-figures-behind-phobos-and-8base-ransomware-arrested-in-international-cybercrime-crackdown Source: News Title: Key figures behind Phobos and 8Base ransomware arrested in international cybercrime crackdown Feedly Summary: This follows a series of high-impact arrests targeting Phobos ransomware:An administrator of Phobos was arrested in South Korea in June 2024 and extradited to the United States in November of the same year. He is…

  • Slashdot: Ransomware Payments Dropped 35% In 2024

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    Kurt Seifried
    in

    Source URL: https://it.slashdot.org/story/25/02/07/0049222/ransomware-payments-dropped-35-in-2024?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Ransomware Payments Dropped 35% In 2024 Feedly Summary: AI Summary and Description: Yes Summary: The text outlines a significant decline in ransomware payments despite an increase in the frequency of attacks in 2024, highlighting the influence of law enforcement operations against major ransomware groups. It emphasizes the improved resilience…

  • The Register: If Ransomware Inc was a company, its 2024 results would be a horror show

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/02/07/ransomware_costs_analysis/ Source: The Register Title: If Ransomware Inc was a company, its 2024 results would be a horror show Feedly Summary: 35% drop in payments across the year as your backups got better and law enforcement made a difference Ransomware extortion payments fell in 2024, according to blockchain analyst biz Chainalysis this week.……

  • The Register: Baguette bandits strike again with ransomware and a side of mockery

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    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/01/28/baguettes_bandits_strike_again/ Source: The Register Title: Baguette bandits strike again with ransomware and a side of mockery Feedly Summary: Big-game hunting to the extreme Hellcat, the ransomware crew that infected Schneider Electric and demanded $125,000 in baguettes, has aggressively targeted government, education, energy, and other critical industries since it emerged around mid-2024.… AI Summary…

  • The Register: North Korean dev who renamed himself ‘Bane’ accused of IT worker fraud scheme

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    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/01/24/north_korean_devs_and_their/ Source: The Register Title: North Korean dev who renamed himself ‘Bane’ accused of IT worker fraud scheme Feedly Summary: 5 indicted as FBI warns North Korea dials up aggression, plus Russian devs allegedly get in on the act The US is indicting yet another five suspects it believes were involved in North…

  • The Register: Who is DDoSing you? Rivals, probably, or cheesed-off users

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    by

    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/01/23/who_is_ddosing_you_competitors/ Source: The Register Title: Who is DDoSing you? Rivals, probably, or cheesed-off users Feedly Summary: Plus: ‘Largest-ever’ duff traffic tsunami clocks in at 5.6 Tbps In addition to Chinese spies invading organizations’ networks and ransomware crews locking up sensitive files, botnets blasting distributed denial of service (DDoS) attacks can still cause a…

  • CSA: What Are the Top Cybersecurity Threats of 2025?

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    Kurt Seifried
    in

    Source URL: https://cloudsecurityalliance.org/blog/2025/01/14/the-emerging-cybersecurity-threats-in-2025-what-you-can-do-to-stay-ahead Source: CSA Title: What Are the Top Cybersecurity Threats of 2025? Feedly Summary: AI Summary and Description: Yes **Summary:** The text outlines the top 10 emerging cybersecurity threats anticipated for 2025, emphasizing the evolving tactics of cybercriminals and the necessity for organizations to adopt proactive security measures. Key threats include sophisticated ransomware,…