/ Security News /

In an unprecedented move, Russia’s Federal Security Service (FSB), the country’s principal security agency, on Friday disclosed that it arrested several members belonging to the notorious REvil ransomware gang and neutralized its operations. The surprise operation, which it said was carried out at the request of the U.S. authorities, saw the law enforcement agency conduct …

/ Security News /

Ukrainian police authorities have nabbed five members of a gang that’s believed to have helped orchestrate attacks against more than 50 companies across Europe and the U.S and caused losses to the tune of more than $1 million. The special operation, which was carried out in assistance with law enforcement officials from the U.K. and …

/ Security News /

In May 2017, the first documented ransomware assault on networked medical equipment happened. The worldwide ransomware assault WannaCry compromised radiological and other instruments in several hospitals during its height, after a software failure caused by a cyberattack on its third-party vendor’s oncology cloud service, cancer patients having radiation therapy at four healthcare institutions had to …

/ Security News /

Ransomware groups continue to evolve their tactics and techniques to deploy file-encrypting malware on compromised systems, notwithstanding law enforcement’s disruptive actions against the cybercrime gangs to prevent them from victimizing additional companies. “Be it due to law enforcement, infighting amongst groups or people abandoning variants altogether, the RaaS [ransomware-as-a-service] groups dominating the ecosystem at this …

/ Security News /

Romanian cybersecurity technology company Bitdefender on Monday revealed that attempts are being made to target Windows machines with a novel ransomware family called Khonsari as well as a remote access Trojan named Orcus by exploiting the recently disclosed critical Log4j vulnerability. The attack leverages the remote code execution flaw to download an additional payload, a …

/ Security News /

Europol, the European Union’s premier law enforcement agency, has announced the arrest of a third Romanian national for his role as a ransomware affiliate suspected of hacking high-profile organizations and companies and stealing large volumes of sensitive data. The 41-year-old unnamed individual was apprehended Monday morning at his home in Craiova, Romania, by the Romanian …

/ Security News /

Details have emerged about what’s the first Rust-language-based ransomware strain spotted in the wild that has already amassed “some victims from different countries” since its launch last month. The ransomware, dubbed BlackCat, was disclosed by MalwareHunterTeam. “Victims can pay with Bitcoin or Monero,” the researchers said in a series of tweets detailing the file-encrypting malware. …

/ Security News /

The clearnet and dark web payment portals operated by the Conti ransomware group have gone down in what appears to be an attempt to shift to new infrastructure after details about the gang’s inner workings and its members were made public. According to MalwareHunterTeam, “while both the clearweb and Tor domains of the leak site …

/ Security News /

Nation-state operators with nexus to Iran are increasingly turning to ransomware as a means of generating revenue and intentionally sabotaging their targets, while also engaging in patient and persistent social engineering campaigns and aggressive brute force attacks. No less than six threat actors affiliated with the West Asian country have been discovered deploying ransomware to …

/ Security News /

The operators of TrickBot trojan are collaborating with the Shathak threat group to distribute their wares, ultimately leading to the deployment of Conti ransomware on infected machines. “The implementation of TrickBot has evolved over the years, with recent versions of TrickBot implementing malware-loading capabilities,” Cybereason security analysts Aleksandar Milenkoski and Eli Salem said in a …