Tag: ransom
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Top 3 Ransomware Threats Active in 2025
You arrive at the office, power up your system, and panic sets in. Every file is locked, and every system is frozen. A ransom demand flashes on your screen: “Pay $2 million in Bitcoin within 48 hours or lose everything.”And the worst part is that even after paying, there’s no guarantee you’ll get your data…
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Cybercriminals Court Traitorous Insiders via Ransom Notes
Ransomware actors are offering individuals millions to turn on their employers and divulge private company information, in a brand-new cybercrime tactic. First seen on darkreading.com Jump to article: www.darkreading.com/threat-intelligence/cybercriminals-traitorous-insiders-ransom-notes
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US takes aim at healthcare cybersecurity with proposed HIPAA changes
Tags: access, authentication, best-practice, breach, compliance, control, csf, cyber, cyberattack, cybersecurity, data, defense, detection, dora, encryption, finance, framework, government, group, healthcare, HIPAA, incident response, infrastructure, insurance, intelligence, jobs, law, malware, mfa, network, nist, penetration-testing, phishing, privacy, ransom, ransomware, regulation, resilience, risk, security-incident, service, skills, technology, threat, tool, update, usa, vulnerability, vulnerability-managementThe US Department of Health and Human Services (HHS) has launched a consultation on stricter rules for the safeguarding of electronic health records.The proposed revamp of security rules covered by the Health Insurance Portability and Accountability Act (HIPAA) is designed to address the increased risk from cyberattacks such as ransomware against healthcare environments.The revamped rules…
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New ransomware group Funksec is quickly gaining traction
Tags: access, ai, attack, computer, control, country, cybercrime, data, data-breach, ddos, detection, email, encryption, extortion, government, group, leak, LLM, malware, password, powershell, ransom, ransomware, russia, rust, service, threat, tool, usa, windowsThreat reports for December showed a newcomer to the ransomware-as-a-service (RaaS) landscape quickly climbing the ranks. Called Funksec, this group appears to be leveraging generative AI in its malware development and its founders are tied to hacktivist activity.Funksec was responsible for 103 out of 578 ransomware attacks tracked by security firm NCC Group in December,…
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Ransomware Campaign Targets Amazon S3 Buckets
Threat Actor ‘Codefinger’ Targets Cloud Environments. A ransomware group is targeting Amazon S3 buckets, exploiting the data stored there using AWS’s server-side encryption with customer keys and demanding a ransom in exchange for the encryption key needed to unlock the data. The group uses compromised or publicly exposed AWS account credentials. First seen on govinfosecurity.com…
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Under Discussion: UK Mandatory Ransomware Incident Reporting
British Government Proposals Also Include Payment Bans for Critical Infrastructure Banning ransom payments by public sector and critical infrastructure entities, notifying the government of any intent to pay a ransom, and reporting incidents to authorities comprise three counter-ransomware initiatives proposed by the British government. Which ones will pass muster? First seen on govinfosecurity.com Jump to…
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Ransomware abuses Amazon AWS feature to encrypt S3 buckets
A new ransomware campaign encrypts Amazon S3 buckets using AWS’s Server-Side Encryption with Customer Provided Keys (SSE-C) known only to the threat actor, demanding ransoms to receive the decryption key. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/ransomware-abuses-amazon-aws-feature-to-encrypt-s3-buckets/
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Ransomware on ESXi: The mechanization of virtualized attacks
In 2024, ransomware attacks targeting VMware ESXi servers reached alarming levels, with the average ransom demand skyrocketing to $5 million. With approximately 8,000 ESXi hosts exposed directly to the internet (according to Shodan), the operational and business impact of these attacks is profound.Most of the Ransomware strands that are attacking ESXi servers nowadays, are variants…
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Hackers Attack PowerSchool, Expose K-12 Teacher and Student Data
Giant education software provider PowerSchool reported that hackers using compromised credentials access a database and stole student and teacher data in an attack that the company said was not ransomware, though a ransom apparently was paid. Affected K-12 school districts are scrambling to alert parents and staffs. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/01/hackers-attack-powerschool-expose-k-12-teacher-and-student-data/
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US charges operators of cryptomixers linked to ransomware gangs
The U.S. Department of Justice indicted three operators of sanctioned Blender.io and Sinbad.io crypto mixer services used by ransomware gangs and North Korean hackers to launder ransoms and stolen cryptocurrency. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/us-charges-operators-of-cryptomixers-linked-to-ransomware-gangs/
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AI-Driven Ransomware FunkSec Targets 85 Victims Using Double Extortion Tactics
Tags: ai, cybersecurity, data, encryption, extortion, group, hacker, intelligence, ransom, ransomware, tactics, theftCybersecurity researchers have shed light on a nascent artificial intelligence (AI) assisted ransomware family called FunkSec that sprang forth in late 2024, and has claimed more than 85 victims to date.”The group uses double extortion tactics, combining data theft with encryption to pressure victims into paying ransoms,” Check Point Research said in a new report…
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December ransomware attacks slam healthcare, public services
In December, one victim organization paid a $1.5 million ransom to restore services, while another continued to experience disruptions for more than one month following an attack. First seen on techtarget.com Jump to article: www.techtarget.com/searchsecurity/news/366617781/December-ransomware-attacks-slam-healthcare-public-services
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PowerSchool Reportedly Pays Ransom to Prevent Student Data Leak
A school district said that PowerSchool paid a ransom to prevent the attackers releasing data it accessed of students and teachers in North America First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/powerschool-pays-ransom-data-leak/
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Webinar: Learn How to Stop Encrypted Attacks Before They Cost You Millions
Ransomware isn’t slowing down”, it’s getting smarter. Encryption, designed to keep our online lives secure, is now being weaponized by cybercriminals to hide malware, steal data, and avoid detection.The result? A 10.3% surge in encrypted attacks over the past year and some of the most shocking ransom payouts in history, including a $75 million ransom…
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Six Tech Trends Shaping the Future of Brand Experiences
Six Tech Trends Shaping the Future of Brand Experiences madhav Wed, 01/08/2025 – 12:38 Business success relies on balancing positive brand experiences and maintaining consumer trust. Consumers want efficiency”, 2024 research from Thales found that 22% of consumers will give up after less than a minute if they’re having a frustrating customer experience”, but they…
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From $22M in Ransom to +100M Stolen Records: 2025’s All-Star SaaS Threat Actors to Watch
In 2024, cyber threats targeting SaaS surged, with 7,000 password attacks blocked per second (just in Entra ID)”, a 75% increase from last year”, and phishing attempts up by 58%, causing $3.5 billion in losses (source: Microsoft Digital Defense Report 2024). SaaS attacks are increasing, with hackers often evading detection through legitimate usage patterns. The…
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US soldier linked to Trump call log hack arrested in Texas
Court documents unsealed Monday show that US authorities have arrested a 20-year-old soldier, Cameron John Wagenius, charged with two counts of selling or attempting to sell confidential phone records without the customer’s authorization.But behind the scant details provided in the charge sheet submitted to the US District Court for the Western District of Washington at…
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10 of the biggest ransomware attacks in 2024
Ransomware attacks against U.S. organizations in 2024 disrupted healthcare systems, supply chains and government services and led to tens of millions of dollars in ransom payments. First seen on techtarget.com Jump to article: www.techtarget.com/searchsecurity/news/366617564/10-of-the-biggest-ransomware-attacks-in-2024
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Record-breaking ransoms and breaches: A timeline of ransomware in 2024
From LoanDepot to Evolve Bank and Blue Yonder, these ransomware attacks affect tens of millions of people. First seen on techcrunch.com Jump to article: techcrunch.com/2024/12/27/record-breaking-ransoms-and-breaches-a-timeline-of-ransomware-in-2024/
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$3 Million Bitcoin Ransom: Brazilian Man Charged in US Cyber Extortion
A Brazilian man is facing serious charges in the United States for allegedly extorting a New Jersey company after stealing confidential customer data from its Brazilian subsidiary. Junior Barros De... First seen on securityonline.info Jump to article: securityonline.info/3-million-bitcoin-ransom-brazilian-man-charged-in-us-cyber-extortion/
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10 of the biggest cybersecurity stories of 2024
Some of the biggest stories of the year include a massive IT outage, a record-setting ransom payment and devastating breaches at several U.S. telecommunications companies. First seen on techtarget.com Jump to article: www.techtarget.com/searchsecurity/news/10-of-the-biggest-cybersecurity-stories-of-2024
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Third member of LockBit ransomware gang has been arrested
LockBit is believed tobe responsible for at least $500 million in ransom payments alone. First seen on techcrunch.com Jump to article: techcrunch.com/2024/12/20/third-member-of-lockbit-ransomware-gang-has-been-arrested/
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Key strategies to enhance cyber resilience
Tags: attack, awareness, backup, banking, breach, business, ceo, compliance, control, crowdstrike, cyber, cybersecurity, data, finance, government, group, healthcare, incident, incident response, infrastructure, insurance, metric, network, phishing, programming, ransom, ransomware, resilience, risk, security-incident, service, skills, software, strategy, supply-chain, technology, threat, training, update, vulnerability, windowsThe faulty CrowdStrike software update that triggered IT outages on a global scale in July was a sobering reminder of the importance of incident response and business continuity plans.The update caused more than eight million Windows devices to crash and take down with them airline reservation systems, hospital and government services, financial and banking applications…
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Hackers Demand Ransom in Rhode Island Health System Data Breach
In a major cyberattack, the state of Rhode Island has fallen victim to a security breach potentially exposing the personal information of thousands of residents. First seen on hackread.com Jump to article: hackread.com/hackers-ransom-rhode-island-health-system-data-breach/
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Namibia’s state telecom provider says hackers leaked data after it refused to pay ransom
The company didn’t specify what kind of data was stolen by the cybercriminals, but according to local media reports, the hackers accessed over 400,000 files, including personal and financial data belonging to some high-ranking government officials and Telecom Namibia’s clients.]]> First seen on therecord.media Jump to article: therecord.media/namibia-state-telecom-provider-data-leaked-after-ransom-refusal
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Hackers seek ransom after getting SSNs, banking info from state gov’t portal
Rhode Island said it’s being extorted after hack of Deloitte-run benefits system. First seen on arstechnica.com Jump to article: arstechnica.com/tech-policy/2024/12/hackers-infiltrate-rhode-island-benefits-portal-forcing-state-to-shut-it-down/
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Japanese game and anime publisher reportedly pays $3 million ransom to Russia-linked hackers
Kadokawa, known for manga, anime and video games, appears to have made an extortion payment to cybercriminals, according to Kyodo News.]]> First seen on therecord.media Jump to article: therecord.media/kadokawa-japan-reported-ransomware-payment