Tag Archives: ransomware

Most criminal cryptocurrency is funneled through just 5 exchanges

Eugene Mymrin/Getty Images reader comments 38 with 0 posters participating Share this story For years, the cryptocurrency economy has been rife with black market sales, theft, ransomware, and money laundering—despite the strange fact that in that economy, practically every transaction is written into a blockchain’s permanent, unchangeable ledger. But new evidence suggests that years of… Read More: Most criminal cryptocurrency is funneled through just 5 exchanges »

Ransomware victims are refusing to pay, tanking attackers’ profits

Enlarge / Holding up corporations, utilities, and hospitals for malware-encrypted data used to be quite profitable. But it’s a tough gig lately, you know? ifanfoto/Getty Images reader comments 44 with 0 posters participating Share this story Two new studies suggest that ransomware isn’t the lucrative, enterprise-scale gotcha it used to be. Profits to attackers’ wallets,… Read More: Ransomware victims are refusing to pay, tanking attackers’ profits »

LockBit ransomware suspect nabbed in Canada, faces charges in the US

reader comments 18 with 0 posters participating Share this story Federal prosecutors on Thursday charged a dual Russian and Canadian national for his alleged participation in a global campaign to spread ransomware known as LockBit. Mikhail Vasiliev, 33, of Bradford, Ontario, Canada, was taken into custody in late October by authorities in Ontario, officials at… Read More: LockBit ransomware suspect nabbed in Canada, faces charges in the… »

Microsoft links Russia’s military to cyberattacks in Poland and Ukraine

Getty Images reader comments 0 with 0 posters participating Share this story Microsoft on Thursday fingered Russia’s military intelligence arm as the likely culprit behind ransomware attacks last month that targeted Polish and Ukrainian transportation and logistics organizations. If the assessment by members of the Microsoft Security Threat Intelligence Center (MSTIC) is correct, it could… Read More: Microsoft links Russia’s military to cyberattacks in Poland and Ukraine »

VMware bug with 9.8 severity rating exploited to install witch’s brew of malware

reader comments 4 with 4 posters participating Share this story Hackers have been exploiting a now-patched vulnerability in VMware Workspace ONE Access in campaigns to install various ransomware and cryptocurrency miners, a researcher at security firm Fortinet said on Thursday. CVE-2022-22954 is a remote code execution vulnerability in VMware Workspace ONE Access that carries a… Read More: VMware bug with 9.8 severity rating exploited to install witch’s… »

How Vice Society got away with a global ransomware spree

reader comments 25 with 22 posters participating Share this story A ransomware attack on the Los Angeles Unified School District in the first week of September crippled digital operations across the system, which includes more than 1,000 schools and serves roughly 600,000 students. Two weeks after the initial attack, as the district worked to recover… Read More: How Vice Society got away with a global ransomware spree »

Big data trove dumped after LA Unified School District says no to ransomware crooks

reader comments 73 with 53 posters participating Share this story A ransomware outfit calling itself Vice Society has dumped nearly 300,000 files belonging to the Los Angeles Unified School District as punishment for rebuffing demands it pay the group a hefty fee to recover data stolen during a recent cyber intrusion. Ransomware operators breach targets’… Read More: Big data trove dumped after LA Unified School District says… »

Why it’s hard to sanction ransomware groups

reader comments 23 with 19 posters participating Share this story This story was originally published by ProPublica. On February 25, the day after Russia invaded Ukraine, a prolific ransomware gang called Conti made a proclamation on its dark website. It was an unusually political statement for a cybercrime organization: Conti pledged its “full support of… Read More: Why it’s hard to sanction ransomware groups »

Ransomware sent North Carolina A&T University scrambling to restore services

reader comments 19 with 17 posters participating Share this story North Carolina A&T State University, the largest historically black college in the US, University was recently struck by a ransomware Group called ALPHV, sending university staff into a scramble to restore services last month. “It’s affecting a lot of my classes, especially since I do… Read More: Ransomware sent North Carolina A&T University scrambling to restore services »

Leaked ransomware documents show Conti helping Putin from the shadows

Wired | Getty Images reader comments 5 with 5 posters participating Share this story For years, Russia’s cybercrime groups have acted with relative impunity. The Kremlin and local law enforcement have largely turned a blind eye to disruptive ransomware attacks as long as they didn’t target Russian companies. Despite direct pressure on Vladimir Putin to… Read More: Leaked ransomware documents show Conti helping Putin from the shadows »