20 Jun 2022

Why Hackers Are Winning the Ransomware Game

The threat landscape is in a constant state of flux. While malicious activity is incessant and we know it will continually occur, the methods and the rates of which threat actors target victims continues to morph and ransomware has begun to take center stage. Taking a look back at 2021,

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03 Jun 2022

Recovering Ransom Payments: Is This the End of Ransomware?

What’s the best way to stop ransomware? Make it riskier and less lucrative for cyber criminals. Nearly all intruders prefer to collect a ransom in cryptocurrency. But it’s a double-edged sword since even crypto leaves a money trail. Recovering ransomware payouts could lead to a sharp decline in exploits. Ransomware is

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27 May 2022

NSA: Sanctions on Russia Having a Positive Effect on Ransomware Attacks, Attempts Down Due to Difficulty Collecting Ransom Payments

National Security Agency (NSA) director of cybersecurity Rob Joyce told attendees of a recent UK security conference that ransomware attacks are down in roughly the last two months, and that trend can be traced directly to sanctions placed on Russia. Criminals that operate out of the country are struggling to

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13 Dec 2021

‘Karakurt’ Extortion Threat Emerges, But Says No to Ransomware

The Karakurt threat group, which was first identified by security researchers in June, has allegedly decided to turn down the opportunity of deploying ransomware in its attacks. The threat group focuses only on data exfiltration and extortion and has already claimed 40 victims this fall. Although the threat group is

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12 Nov 2020

Ragnar Locker Ransomware Gang Takes Out Facebook Ads in Key New Tactic

Ragnar Locker group has taken out public Facebook ads, threatening to release stolen data obtained from a ransomware attack against Italian liquor seller Campari. The attack occurred on November 3 and resulted in the theft of 2TB of sensitive data. Ragnar operators are demanding a $15 million ransom be paid

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21 Oct 2020

Fancy Bear Imposters Are on a Hacking Extortion Spree

A new group impersonating the Fancy Bear threat actor group has been targeting victims across the world in copycat attacks, pretending to be the Russian state-backed hackers. The security firm Radware published recent extortion notes sent by the group to companies across the world, demanding bitcoin in exchange for safety.

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22 Sep 2020

‘Dark Overlord’ Cyber Extortionist Pleads Guilty

Nathan Wyatt, a member of the notorious Dark Overlord cyber extortion gang, will now face five years in prison as a result of his guilty plea in court earlier this week. Wyatt will also owe his victims $1 million in reparations and will remain under law enforcement supervision after the

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