The LockBit group has paid the first payment of $50,000 as part of its bug bounty program for researchers willing to aid in cybercriminality. The group had announced that it will pay individuals who find exploitable vulnerabilities in the software it uses to maliciously encrypt files.
The Lazarus Group, a North Korean advanced persistent threat gang, recently targeted energy companies in Canada, the U.S. and Japan to establish long-term access into victim networks to conduct espionage operations by deploying custom-built malware implants VSingle, YamaBot and MagicRAT.
The operators behind banking Trojan SharkBot are distributing an updated version of the malware on now-deactivated malicious applications on Google Play. Called Mister Phone Cleaner and Kylhavy Mobile Security, the apps have been downloaded 10,000 and 50,000 times, respectively, says Fox-IT.
As ransomware continues to pummel organizations left, right and center, two states have responded by banning certain types of ransom payments, and more look set to soon follow suit. But experts warn such bans could have "terrible consequences," leading to costlier and more complicated recovery.
Ransomware karma: The notorious LockBit 3.0 ransomware gang's site has been disrupted via a days-long distributed-denial-of-service attack, with administrator LockBitSupp reporting that it appears to be retribution for the gang leaking files stolen from a recent victim: security firm Entrust.
Cisco says it fell victim to a successful hack attack and data breach in May. While an attacker wielding Yanluowang ransomware claimed to have exfiltrated data and crypto-locked systems, Cisco says nothing sensitive was stolen and no systems were infected by ransomware.
As ransomware attacks continue to pummel organizations, Rapid7 Chief Scientist Raj Samani says victims must identify how the attacker broke in and if they've given themselves persistent ways to regain access. Otherwise, he says, "They'll hit you again and again."
The Australian Federal Police have charged a 24-year-old Melbourne man for allegedly creating global spyware purchased by over 14,500 individuals across 128 countries. Priced at $25, once it is installed on a victim's computer, it can be used to steal personal information or spy on individuals.
The cybercriminals behind BlackCat ransomware have upgraded their arsenal by adding Brute Ratel, a pen-testing tool with remote access features that are used by attackers. The group targets large corporations in different industry segments across the U.S., Europe and Asia.
Ukrainian private energy firm DTEK Group alleges that the Russian Federation has carried out a cyberattack against its facilities, crippling its infrastructure in retaliation for its owners' support of the country's fight against Russian invaders.
The Evilnum hacking group has updated its tactics, techniques and procedures and now uses MS Office Word documents and leverages document template injection to deliver malicious payloads to its victims' machines. First seen in 2018, the group mainly targets fintech firms in the U.K. and Europe.
Unlocking the data generated by ransomware attacks is helping organizations better understand the risks, adopt defensive technologies and prepare for future attacks, says Wade Baker, partner at Cyentia Institute. He discusses new data on how quickly organizations are remediating vulnerabilities.
Ransomware has changed the risk landscape for suppliers and is forcing companies to reconsider their risk relationships, says Kelly White, co-founder and CEO of RiskRecon. He discusses the correlation between cyber hygiene, ransomware and data loss.
The latest edition of the ISMG Security Report investigates the reboot of ransomware group Conti, which supports Russia's invasion of Ukraine. It also discusses why paying ransomware actors is a "business decision" and how to respond to the talent shortage in the financial sector.
In his spare time, ransomware expert Allan Liska recently became a certified sommelier. Branching out from his day job as principal intelligence analyst at Recorded Future, Liska says he's found numerous parallels between the deductive tasting process and threat intelligence.