Hive Ransomware extorted over $100M in ransom payments from over 1,300 companies

Hive ransomware operators have extorted over $100 million in ransom payments from over 1,300 companies worldwide as of November 2022. The threat actors behind the Hive ransomware-as-a-service (RaaS) have extorted $100 million in ransom payments from over 1,300 companies worldwide as of November 2022, reported the U.S. cybersecurity and intelligence authorities. “As of November 2022, […]

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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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