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New REvil Samples Indicate Ransomware Gang is Back After Months of Inactivity

New REvil Samples Indicate Ransomware Gang is Back After Months of Inactivity

May 10, 2022
The notorious ransomware operation known as REvil (aka Sodin or Sodinokibi) has resumed after six months of inactivity, an analysis of new ransomware samples has revealed. "Analysis of these samples indicates that the developer has access to REvil's source code, reinforcing the likelihood that the threat group has reemerged," researchers from Secureworks Counter Threat Unit (CTU)  said  in a report published Monday. "The identification of multiple samples with varying modifications in such a short period of time and the lack of an official new version indicates that REvil is under heavy active development once again." REvil, short for Ransomware Evil, is a ransomware-as-a-service (RaaS) scheme and attributed to a Russia-based/speaking group known as  Gold Southfield , arising just as  GandCrab  activity declined and the latter announced their retirement. It's also one of the earliest groups to adopt the double extortion scheme in which stolen data from
Russian Ransomware Group REvil Back Online After 2-Month Hiatus

Russian Ransomware Group REvil Back Online After 2-Month Hiatus

Sep 09, 2021
The operators behind the REvil ransomware-as-a-service (RaaS)  staged  a surprise return after a two-month hiatus following the widely publicized attack on technology services provider Kaseya on July 4. Two of the dark web portals, including the gang's Happy Blog data leak site and its payment/negotiation site, have resurfaced online, with the most recent victim added on July 8, five days before the sites  mysteriously went off the grid  on July 13. It's not immediately clear if REvil is back in the game or if they have launched new attacks. "Unfortunately, the Happy Blog is back online," Emsisoft threat researcher Brett Callow  tweeted  on Tuesday. The development comes a little over two months after a  wide-scale supply chain ransomware attack  aimed at Kaseya, which saw the Russia-based cybercrime gang encrypting approximately 60 managed service providers (MSPs) and over 1,500 downstream businesses using a zero-day vulnerability in the Kaseya VSA remote manage
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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