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Babuk Ransomware Group Changes Course; Moves from Encryption to Extortion

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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

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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

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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

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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

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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

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

DHS to Launch 60-day Cyber Sprints to Prevent Ransomware Attacks

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The increasing ransomware attacks have become a severe issue for all nations globally. From the health care sector to information technology, ransomware attacks continue...

Double Whammy: Meet Ransomware 2.0

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Ransomware operators and their ransomware attacks are becoming more rampant and successful than ever. Ransomware groups are always leveraging a combination of factors to...

Million Dollar Business: Ransomware Gangs Scooped $350 Mn in 2020

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Ransomware attacks were the most observed security threats among various cybercriminal activities in 2020. Cybercriminals target victims by encrypting their sensitive files, with an...

Ziggy Ransomware Gang Announces Shutdown; Offers to Refund Ransom Payments

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Whether it is a discount or inadvertent deduction, getting a refund is always a delight for everyone. But what’s unbelievable is receiving the same...

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