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MOVEit Hack Could Earn Cybercriminals $100M as Number of Confirmed Victims Grows Introduction The Cl0p ransomware gang, responsible for the recent MOVEit Hack, could potentially earn up to $100 million from the attack, according to experts. The number of confirmed victims of the attack is steadily increasing, with nearly 400 organizations affected so far. Ransomware…
Rescue of Thousands of Forced Labor Victims Exposes Cybercrime Syndicate International Raid Leads to Rescue of Exploited Workers In a significant operation conducted on June 27, a Philippine police raid led to the rescue of thousands of workers who had been coerced into forced labor by cybercrime syndicates operating across multiple countries. These workers, hailing…
Massive Raid Rescues Thousands of Workers Tricked into Cybercrime Philippine police, backed by commandos, carried out a large-scale raid in Las Pinas city in metropolitan Manila, rescuing over 2,700 workers who were allegedly swindled into working for cybercrime syndicates. The victims, from countries including China, the Philippines, Vietnam, and Indonesia, were forced to participate in…
## Ransomware Group Starts Naming Victims of MOVEit Zero-Day Attacks The Cl0p ransomware gang has recently identified over two dozen organizations that have fallen victim to a zero-day attack on the MOVEit managed file transfer (MFT) software. The cybercriminal group exploited a vulnerability in MOVEit Transfer, identified as CVE-2023-34362, to gain unauthorized access to these…