In the first quarter of 2024, the percentage of companies that agreed to pay ransoms to cybercriminals reached a record low of 28%. This statistic was provided by Coveware, a firm specializing in cybersecurity....
In Canada, a verdict was rendered against one of the administrators of the notorious LockBit group, which specializes in the dissemination of ransomware. 34-year-old Mikhail Vasiliev, holding citizenships in Canada and Russia, pleaded guilty...
Trend Micro recently unveiled a new wave of activity by the ransomware group RA World, also known as the RA Group. This group initiated its malicious operations in April 2023 and has, over its tenure,...
After a four-month hiatus, the Bumblebee malware has reemerged, launching extensive phishing campaigns against thousands of organizations within the United States. Bumblebee, a loader discovered in April 2022, is believed to have been developed by...
CyberArk has released an online version of its White Phoenix tool, a free decryptor for files compromised by ransomware using intermittent encryption. Initially presented in May last year as a Python project on GitHub,...
Cybersecurity experts recently detected a resurgence of the ZLoader malware campaign, nearly two years after the botnet’s infrastructure was dismantled in April 2022. Zscaler reports the development of a new variant of ZLoader since...
A recent study by Dutch researcher Tom Meurs from the University of Twente has uncovered factors influencing the likelihood of ransomware victims paying ransoms to cybercriminals. The analysis utilized data from the Dutch police...
In a recent report by Huntress, it was revealed that cybercriminals are once again employing TeamViewer, a legitimate remote access tool, for initial penetration into corporate devices and attempts to deploy ransomware. The first...
Nearly three months after a substantial cyberattack on the British Library, its representatives have announced the commencement of restoration efforts for the main online catalog, encompassing 36 million records of books, maps, journals, and...
Trend Micro has documented the active proliferation of the malicious software PikaBot by the group Water Curupira. Their operations commenced in the first quarter of 2023 and continued until the end of June, resuming...
The ransomware group ALPHV/BlackCat has claimed to have gained access to the data of companies Roblox and Twitch. This breach is reportedly a consequence of hacking Tipalti, a provider of accounting software solutions. ALPHV...
A North Korean hacking organization known as Andariel has been stealthily operating, wreaking havoc on South Korean defense firms and repatriating ill-gotten gains from ransomware attacks. Their audacious operations, recently uncovered by a joint...
In the ever-evolving landscape of cybersecurity threats, a new and concerning campaign has emerged, known as the Cactus Ransomware Campaign. This campaign, as observed and analyzed by Arctic Wolf Labs, marks a novel method...
VirusTotal has introduced a new study actively exploring the potential of large language models, including neural networks, for identifying and automatically analyzing malicious code. This advancement is poised to save time for experts, focusing...
Security researchers at Cybereason have identified a new variant of the ransomware “DJVU,” masquerading as free software. According to security expert Ralph Villanueva, perpetrators employ a well-known attack scheme, but this time, it involves...
In the cybercriminal domain, a new variant of ransomware named QazLocker is gaining momentum. It’s being used in a multitude of attacks to target companies across various business sectors in different countries. However, there’s...
