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H2: Understanding the Complex Cybercrime Ecosystem through Ransomware Malicious Quadrant Ransomware attacks are prevalent worldwide, targeting businesses of all sizes, government organizations, nonprofits, and medical facilities. The rise in cybercrime has necessitated the need for organizations to take steps to improve their internet security measures. One such effort is the Ransomware Malicious Quadrant, a newly…
Using Legitimate Software: A New Ransomware Trend That Should Not Go Unnoticed The Trending Abuse of Legitimate Software Tools Hackers and cybercriminals are constantly evolving their strategies to infiltrate networks and steal data. One of the latest trends in ransomware attacks is the heavy use of legitimate software tools. While ransomware groups such as Noberus,…
# Understanding the State of Internet Security: Mandiant’s Annual M-Trends Report Mandiant Consulting, a renowned global cyber security solutions provider, has recently released its annual M-Trends report. The report provides a comprehensive overview of the current state of internet security across various industries. Charles Carmakal, the CTO of Mandiant Consulting, discusses some of the significant…
# Ransomware Attacks are on the Rise Ransomware attacks have been on the rise this summer, with Lockbit 3.0 leading the pack, trailed by Hiveleaks and BlackBasta, both offshoots of the Conti group. According to NCC Group’s data, the month of July saw Lockbit behind 62 attacks, ten more than the previous month, and the…
Federal officials are urging more victims to report ransomware attacks to curb cyberattacks. Despite the formation of the Ransomware Task Force two years ago, a coalition of cybersecurity companies, public sector organizations, and federal agencies, ransomware attacks remain a significant challenge, with attacks seemingly becoming more severe and brazen. Cybersecurity stakeholders are concerned about the…
Royal Ransomware: A New and More Dangerous Threat The Royal ransomware group has recently stepped up its operations since bursting on the scene last summer, mounting attacks against critical infrastructure, education, and healthcare targets. The group is notable for targeting Linux, VMware ESXi environments, and using the BatLoader first-stage malware dropper, among other tactics. Since…
Dragos Successfully Defends Itself Against a Ransomware Attack The Attack Dragos, a security company, faced a socially-engineered ransomware attack when a ransomware group tried to extort money from the company. This attack occurred on May 8th, and the attackers gained access to SharePoint and the Dragos contract management system by compromising the personal email address…
US Critical Infrastructure Remains Vulnerable to Ransomware Attacks, Experts Warn As the second anniversary of the massive ransomware attack on Colonial Pipeline nears, experts warn that efforts to thwart the potentially debilitating threat to US critical infrastructure have not been enough. The cyberattack on its IT infrastructure forced Colonial Pipeline to shut down its entire…