Ransomware attacks setting new records

Zscaler released the findings of its annual ThreatLabz Ransomware Report, which revealed an 80 percent increase in ransomware attacks year-over-year. In 2022, the most prevalent ransomware trends include double-extortion, supply chain attacks, ransomware-as-a-service, ransomware rebranding, and geo-political incited ransomware attacks. The report details which industries are being targeted the most by cybercriminals, explains the damage […]

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RansomHouse: Bug bounty hunters gone rogue?

A new cybercrime outfit that calls itself RansomHouse is attempting to carve out a niche of the cyber extortion market for itself by hitting organizations, stealing their data, and offering to delete it and provide a full report on how and what vulnerabilities were exploited in the process – all for a fee, of course. […]

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Taking the right approach to data extortion

Cybercriminals often specialize. An extortion effort usually begins with a person or a team selecting targets in one of two ways: either they get a request from an extortionist or they just find their own victim to sell access to. Attackers pick victims who are likely to result in a good payout, and those are […]

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Lapsus$ gang says it has breached Okta and Microsoft

After breaching NVIDIA and Samsung and stealing and leaking those companies’ propertary data, the Lapsus$ cyber extortion gang has announced that they have popped Microsoft and Okta. Lapsus$ gang’s claims If Lapsus$’s assertions prove to be true, this (previously) relatively unknown hacking group has quickly become another threat actor that big corporations have to worry […]

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