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Bl00dy Ransomware Gang Strikes Education Sector with Critical PaperCut Vulnerability

Bl00dy Ransomware Gang Strikes Education Sector with Critical PaperCut Vulnerability

May 12, 2023 Vulnerability / Ransomware
U.S. cybersecurity and intelligence agencies have warned of attacks carried out by a threat actor known as the  Bl00dy Ransomware Gang  that attempt to exploit vulnerable PaperCut servers against the education facilities sector in the country. The attacks took place in early May 2023, the Federal Bureau of Investigation (FBI) and Cybersecurity and Infrastructure Security Agency (CISA) said in a joint cybersecurity advisory issued Thursday. "The Bl00dy Ransomware Gang gained access to victim networks across the Education Facilities Subsector where PaperCut servers vulnerable to  CVE-2023-27350  were exposed to the internet," the agencies  said . "Ultimately, some of these operations led to data exfiltration and encryption of victim systems. The Bl00dy Ransomware Gang left ransom notes on victim systems demanding payment in exchange for decryption of encrypted files." Additionally, the Bl00dy actors are said to have used TOR and other proxies from within victim
Experts Uncover the Identity of Mastermind Behind Golden Chickens Malware Service

Experts Uncover the Identity of Mastermind Behind Golden Chickens Malware Service

Jan 27, 2023 Threat Response / Cyber Crime
Cybersecurity researchers have discovered the real-world identity of the threat actor behind  Golden Chickens  malware-as-a-service, who goes by the online persona "badbullzvenom." eSentire's Threat Response Unit (TRU), in an exhaustive report published following a 16-month-long investigation,  said  it "found multiple mentions of the badbullzvenom account being shared between two people." The threat actor, known online as Frapstar and badbullzvenom, is said to identify themselves as "Chuck from Montreal," enabling the cybersecurity firm to piece together the criminal actor's digital footprint. This includes his real name, pictures, home address, the names of his parents, siblings, and friends, along with his social media accounts and his interests. He is also said to be the sole proprietor of a small business that's run from his own home. Golden Chickens, also known as  Venom Spider , is a malware-as-a-service (MaaS) provider that's
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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