Babuk | Breaking Cybersecurity News | The Hacker News

Cybersecurity researchers have shed light on the inner workings of the ransomware operation led by Mikhail Pavlovich Matveev, a Russian national who was  indicted by the U.S. government  earlier this year for his alleged role in launching thousands of attacks across the world. Matveev, who resides in Saint Petersburg and is known by the aliases Wazawaka, m1x, Boriselcin, Uhodiransomwar, Orange, and waza, is alleged to have played a crucial part in the development and deployment of LockBit, Babuk, and Hive ransomware variants since at least June 2020. "Wazawaka and his team members prominently exhibit an insatiable greed for ransom payments, demonstrating a significant disregard for ethical values in their cyber operations," Swiss cybersecurity firm PRODAFT  said  in a comprehensive analysis shared with The Hacker News. "Employing tactics that involve intimidation through threats to leak sensitive files, engaging in dishonest practices, and persisting in retaining fil

The threat actors behind the nascent  Buhti  ransomware have eschewed their custom payload in favor of leaked LockBit and Babuk ransomware families to strike Windows and Linux systems. "While the group doesn't develop its own ransomware, it does utilize what appears to be one custom-developed tool, an information stealer designed to search for and archive specified file types," Symantec  said  in a report shared with The Hacker News. The cybersecurity firm is tracking the cybercrime group under the name  Blacktail . Buhti was first highlighted by Palo Alto Networks Unit 42 in February 2023,  describing  it as a Golang ransomware targeting the Linux platform. Later that same month, Bitdefender revealed the use of a Windows variant that was deployed against Zoho ManageEngine products that were vulnerable to critical remote code execution flaws ( CVE-2022-47966 ). The operators have since been observed swiftly exploiting other severe bugs impacting IBM's Aspera Fasp

Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac