Tag: ransom

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Babuk Ransomware Group Changes Course; Moves from Encryption to Extortion

The infamous Babuk ransomware group has announced that it is shutting down its operation. The group allegedly posted the blackout message on its data...

Ransomware Task Force Issues Framework to Combat Ransomware Attacks

Combating rising ransomware attacks has become a challenge for organizations globally. Several ransomware groups are targeting companies by encrypting their systems, paralyzing operations, and...

Darkside Ransomware Gang Adopts New Extortion Technique by Targeting Stock Traders

Cybercriminals often try innovative methods in their attacking techniques to increase their success rate and evade security detection (obfuscation). From new malware variants to...

Ransom Mafia Extort Money By Forming Ransomware Cartels

The adage “Apes Together Strong,” denotes apes working together for a common goal that would eventually benefit them. Similarly, several cybercriminal groups join hands...

Justice Department to Launch Ransomware Taskforce

Ransomware operators continue to innovate hacking techniques to encrypt victims’ sensitive information and demand ransom or threaten targets of leaking their data online. Besides...

Cring Ransomware Targets Unpatched Vulnerabilities in Fortinet VPNs

Security experts from Kaspersky identified a new strain of ransomware exploiting unpatched vulnerabilities in Fortinet VPN devices. Dubbed as Cring, the ransomware is targeting...